The United States and Ukraine have finalized a deal granting U.S. access to Ukraine’s vast mineral resources. The agreement is set to be signed at the White House on February 28, 2025, during President Volodymyr Zelenskyy’s visit.
The deal is framed as a partnership to aid Ukraine’s post-war recovery while securing American involvement in the country’s critical mineral sector. Under the agreement, Ukraine will collaborate with U.S. companies to develop its rare earth elements, lithium, and titanium deposits.
Negotiations initially involved a U.S. demand for up to $500 billion from Ukraine’s mineral revenues as repayment for military aid, but Ukraine rejected that proposal. The final deal removes direct repayment provisions, instead focusing on long-term collaboration. Supporters argue the deal strengthens economic ties and helps Ukraine become self-sufficient, while critics claim it prioritizes American financial interests without addressing Ukraine’s security concerns.
In a Truth Social post, Trump wrote: “I emphasized the importance of the vital ‘Critical Minerals and Rare-Earths Deal’ between the United States and Ukraine, which we hope will be signed very soon! This deal, which is an ‘Economic Partnership,’ will ensure the American people recoup the Tens of Billions of Dollars and Military Equipment sent to Ukraine, while also helping Ukraine’s economy grow as this Brutal and Savage War comes to an end.”
The agreement is expected to reduce global reliance on Chinese rare earth elements while providing the U.S. with strategic mineral access. However, major investment and stability will be required to fully exploit Ukraine’s mineral wealth, a challenge given ongoing conflict and uncertainty in the region.
