Ukraine and the United States agree on terms of major mineral agreements

Abdujalil Abdurasulov

BBC News

Bloomberg passes through Getty Images through the ore of the A belt in the center of Ukraine. File photosBloomberg by Getty Images

Trucks carry ore from a mine in central Ukraine. File photos

Senior Kiev officials told the BBC that Ukraine had agreed to the terms of a major mineral agreement with the United States.

“We have indeed agreed to many good amendments and viewed them as positive results,” the official said.

Media reports said Washington raised an initial demand for a right (£3.95 billion) for potential income from natural resources, but did not give companies security assurances, namely the main demand of the tortured Ukraine-Ukraine.

U.S. President Donald Trump said he expects Washington’s Ukrainian rival Volodymyr Zelensky to sign this week after the two leaders exchange strong words. Transaction.

Just last week, Trump described Zelensky as a “dictator” and appeared to blame Ukraine (not Russia) for starting the war and suggesting the U.S. president to live after Ukrainian leaders rejected U.S. demands for $50 billion in mineral wealth. “Fake information space” created in Russia.

Since Moscow launched its full-scale invasion three years ago, Trump has been pushing for access to Ukrainian minerals in exchange for previous military and other aid.

Zelensky believes there is not much U.S. aid available, adding: “I can’t sell our state.”

Trump said on Tuesday that the United States gave Ukraine $30 billion to $35 billion.

“We want to get this money back,” he told reporters. “We are solving a very big problem…but American taxpayers will now take back their money.”

Ukraine’s Deputy Prime Minister Olha Stefanishna told The Finneralige Times – the mineral transaction was first reported on Tuesday – which was “just part of the picture.”

“We hear a part of the U.S. government many times,” said Stefanishyna, who chairs the negotiations.

Ukrainian sources said the United States had to get rid of the more heavy demands of war-torn countries, and many details of this agreement would require further negotiations.

However, a precedent was set. During the Trump era, American aid came with a string. For assistance, whether for humanitarian or strategic reasons, it is past.

From the era of the Marshall Plan to the idealism after the Cold War, George W. Bush’s “freedom agenda” fueled efforts to promote global democracy, which represents a basic reorder of U.S. foreign policy for more than 75 years.

Ukraine is just the beginning. It is expected that Trump and his foreign policy team apply their global “America First Principles” over the next four years.

Ros Atkins

Ukrainian news website Ukrainska Pravda reported that the mineral agreement was set to be signed by Ukrainian Foreign Minister Andrii Sybiha and U.S. Secretary of State Marco Rubio.

The economic sector of the news website EP said the two countries also agreed to establish a reconstruction investment fund.

Ukraine holds a large number of key factors and minerals, including lithium and titanium, as well as huge coal, gas, oil and uranium deposits – supplying billions of dollars worth of supply.

Last year, Zelensky proposed a “victory plan” to Ukraine and its Western partners, who proposed that foreign companies could acquire mineral wealth from some countries at the end of the war.

Tuesday, Russian President Vladimir Putin said he is willing to provide the United States with rare minerals, including rare minerals from Ukraine’s Russian-occupied areas.

Ukraine and its European allies have become increasingly shocked by the recent melting of U.S.-Russian ties, including bilateral negotiations in Saudi Arabia last week.

Kiev and Europe as a whole are concerned that they may be excluded from any negotiations aimed at ending the war and that they can decide the future security of the entire African continent.

What minerals do Ukraine actually have?

It is estimated that about 5% of the world’s “key raw materials” are in Ukraine – including:

  • 19 million tons of proven graphite reserves for electric vehicle batteries
  • One third of all European lithium deposits, which is a key component of current batteries.

Before the full-scale invasion of Russia three years ago, Ukraine also produced 7% of the world’s titanium for construction, used for all products from aircraft to power plants.

Ukrainian land also contains a large amount of sediment of rare earth metals, a set of 17 elements used to produce weapons, wind turbines, electronics and other products that are crucial to the modern world.

Some mineral deposits have been seized by Russia. Ukrainian Economy Minister Yulia Svyrydenko said that $35 billion worth of resources today is still on the territory occupied by Russia.

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