Connect with us

International-News

US-Ukraine rare earths deal: fast track for Washington, 350 billion investment

US-Ukraine rare earths deal: fast track for Washington, 350 billion investment

Strategic understanding between Washington and Kiev: guaranteed access to Ukrainian mineral resources in exchange for a reconstruction fund. Trump: ‘We will receive more than the 350 billion spent in the war’

The United States and Ukraine have signed a historic agreement on the exploitation of natural resources, including joint investments in the mining, oil and strategic sectors. For Washington, this is a fast track on access to materials crucial to the technological and military industries, starting with rare earths. For Kiev, economic support also linked to security, albeit in a non-explicit form.

President Donald Trump announced the white smoke by speaking of an agreement that represents ‘compensation’ for the $350 billion spent by the US since the beginning of the conflict: ‘Theoretically, we will receive much more than that amount,’ he declared. A view that some analysts, according to the Washington Post, call ‘premature’, given that the Ukrainian mining sector is currently almost at a standstill due to the ongoing war.

Ukraine is one of the richest countries in the world in terms of raw materials: it is home to 5% of the global mineral wealth and possesses titanium, lithium, beryllium, manganese, gallium, graphite, uranium, and other strategic elements. Titanium, in particular, is crucial for key sectors such as aerospace, defence, medicine and automotive. But the development of these deposits will take years and considerable investment, not least because, as observers point out, no country outside China today has a complete lithium industry.

The agreement, finalised after complex negotiations and last-minute changes, led to the creation of the US-Ukraine Reconstruction Investment Fund. The facility aims to foster the country’s economic recovery through strategic public-private partnerships. Treasury Secretary Scott Bessent stated that the arrangement demonstrates ‘the US commitment to a free, sovereign and prosperous Ukraine’.

Ukraine’s economy minister, Yulia Svyrydenko, called the understanding ‘a fundamental step for security and reconstruction’. However, Kiev failed to obtain a direct reference to military guarantees: the text merely evokes a ‘long-term strategic alignment’ and support for Ukraine’s security, prosperity and international integration.

The Zaporizhzhia nuclear power plant, under Russian control since 2022, is not mentioned in the agreement, although the US would have proposed operating it after the war.

THE LATEST NEWS

Trump halts US ground operation in Iran for enriched uranium

Pentagon plans were prepared and briefed at the highest level, but concerns over escalation, casualties and economic fallout led to...
Read More
Trump halts US ground operation in Iran for enriched uranium

The United States-Iran ceasefire memorandum: Geneva Lake possible signing

Negotiations continue over location and conditions as diplomatic framework advances between Washington and Tehran Lake Geneva is being considered as...
Read More
The United States-Iran ceasefire memorandum: Geneva Lake possible signing

Trump Claims US–Iran Deal Reached as Markets React With Caution

The US president announces on Truth Social that strikes against Iran have been cancelled after an alleged agreement involving multiple...
Read More
Trump Claims US–Iran Deal Reached as Markets React With Caution

Trump Signals Continued Military Pressure on Iran Amid Fragile Negotiations Over Nuclear Deal and Oil Assets

U.S. President Donald Trump reiterates threats of sustained strikes and strategic pressure on Iran while diplomatic channels remain open over...
Read More
Trump Signals Continued Military Pressure on Iran Amid Fragile Negotiations Over Nuclear Deal and Oil Assets

Bill Gates Testifies in Jeffrey Epstein Inquiry, Denies Knowledge of Crimes

Bill Gates told the U.S. House Oversight Committee he had no awareness of Jeffrey Epstein’s criminal activity and called their...
Read More
Bill Gates Testifies in Jeffrey Epstein Inquiry, Denies Knowledge of Crimes

Russia prepares for possible NATO conflict in Northern Europe

A joint Nordic investigation points to a structural military buildup along Russia’s northern frontier, with a potential one-to-three-year window of...
Read More
Russia prepares for possible NATO conflict in Northern Europe

(Photo: © AndKronos)