Ukraine and US Reach Agreement on Major Minerals Deal -

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Kyiv and Washington have reached an agreement on a major minerals deal, a senior Ukrainian official confirmed. The deal, with revised terms, ensures better provisions for Ukraine while giving the US economic leverage in the war-torn country.

The US reportedly dropped initial demands for a $500 billion stake in Ukraine’s natural resources but did not provide firm security guarantees an essential Ukrainian demand. Instead, a jointly owned fund will be created, with Ukraine contributing 50% of future proceeds from state-owned mineral resources, oil, and gas. The fund will finance Ukraine’s reconstruction efforts.

President Donald Trump confirmed that Ukraine would receive “the right to fight on” under the deal but hinted that US military aid could depend on a broader peace settlement. He emphasized that the US wants financial returns on its aid, marking a shift in American foreign policy.

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Ukrainian President Volodymyr Zelensky is expected to visit Washington to sign the agreement. The deal grants the US access to Ukraine’s rich reserves of lithium, titanium, graphite, and rare earth metals key resources for modern industries. However, Russia has occupied some mineral-rich regions, with President Vladimir Putin offering the US access to rare minerals.

With growing concerns over a US-Russia thaw, European allies fear being sidelined in future negotiations regarding Ukraine’s security. The deal signifies a shift in US aid policy, aligning with Trump’s “America First” approach, setting a precedent for future global engagements.

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