Ukraine, Russia react to controversial US minerals sharing deal
The draft published by lawmakers does not include any explicit U.S. security guarantees — long one of Kyiv’s primary demands. However, the agreement “guarantees new deliveries of American weapons, including air defense systems — their cost will be credited to a joint fund,” according to Mykhailo Podolyak, an advisor to President Volodymyr Zelenskyy.
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The U.S.-Ukraine Mineral Deal: What We Know
Read More »Ukraine is nearing a deal to grant the U.S. access to its rare minerals in exchange for continued political and, perhaps, military support, though negotiations face challenges since 40% of these resources are in Russian-occupied territory. With Trump pushing for access to these minerals while also engaging in talks with Russia, Ukraine faces uncertainty over its strategic partnerships as it navigates its war effort and economic future.
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That being said, information about what materials Ukraine has and where they are located presents snags for negotiations. Namely, Ukraine can’t promise access to all its materials when a reported 40% of the minerals are under land currently occupied by Russia.
On top of that, the main motivation for Zelensky agreeing to swap minerals is likely to be in return for military aid from America—which Ukrainian officials say has not been explicitly penciled into the draft.
Despite this, yesterday sources in Kyiv confirmed the terms to share materials—including oil and gas—are almost agreed after months of negotiation.
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Washington wants Ukraine’s resources – US Senator
“According to open-source data, the total value of Ukraine’s former mineral resource base is estimated at almost $14.8 trillion, but $7.3 trillion of this is now in the Luhansk and Donetsk People’s Republics. That means almost half of the former Ukraine’s national wealth is in Donbass!” Medvedev explained in a lengthy Telegram post.
“To get access to the coveted minerals, the Western parasites shamelessly demand that their wards wage war to the last Ukrainian. They are already directly voicing such intent without hesitation,” Russia’s former leader added.
The future of critical raw materials: How Ukraine plays a strategic role in global supply chains
Ukraine is a key potential supplier of rare earth metals, including titanium, lithium, beryllium, manganese, gallium, uranium, zirconium, graphite, apatite, fluorite, and nickel. Despite the war, Ukraine holds the largest titanium reserves in Europe (7% of the world’s reserves). It is one of the few countries that mine titanium ores, crucial for the aerospace, medical, automotive and marine industries.
Before February 2022, Ukraine was a key titanium supplier for the military sector. It also has one of Europe’s largest confirmed lithium reserves (estimated at 500,000 tons), vital for batteries, ceramics, and glass. Ukraine is the world’s 5th largest gallium producer, essential for semiconductors and LEDs, and has been a major producer of neon gas, supplying 90% of the highly purified, semiconductor-grade neon for the US chip industry.
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The future of critical raw materials: How Ukraine plays a strategic role in global supply chains
Ukraine is a key potential supplier of rare earth metals, including titanium, lithium, beryllium, manganese, gallium, uranium, zirconium, graphite, apatite, fluorite, and nickel. Despite the war, Ukraine holds the largest titanium reserves in Europe (7% of the world’s reserves). It is one of the few countries that mine titanium ores, crucial for the aerospace, medical, automotive and marine industries.
Before February 2022, Ukraine was a key titanium supplier for the military sector. It also has one of Europe’s largest confirmed lithium reserves (estimated at 500,000 tons), vital for batteries, ceramics, and glass. Ukraine is the world’s 5th largest gallium producer, essential for semiconductors and LEDs, and has been a major producer of neon gas, supplying 90% of the highly purified, semiconductor-grade neon for the US chip industry.
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