Negotiations between the United States and Ukraine regarding access to critical and rare-earth minerals are almost complete, with a potential deal said to be on the verge of being finalized. The reported agreement would involve concessions from both sides, with Ukraine seeking security guarantees and the US hoping for significant revenue from Ukraine’s mineral deposits. President Zelenskyy’s office has not confirmed the news, but signs of a settlement come after tensions between the two countries escalated in recent weeks.
President Trump’s previous suggestion of using Ukraine’s mineral wealth to repay military aid received during the war was rejected by Zelenskyy, leading to further strain in relations. Trump has criticized the financial assistance given to Ukraine under Biden’s administration and has called for European powers to bear some of the costs associated with the conflict. However, negotiations between the US and Ukraine have progressed, with a possible peace deal estimated to be 30-60 days away.
The agreement is expected to include American military support for Ukraine, though details have not been disclosed. Ukraine hopes that granting access to its critical minerals will persuade the US to continue providing military aid. Russia has also proposed a similar agreement with the US, offering ownership of rare-earth minerals in parts of Ukraine under Russian control. The situation remains fluid as negotiations continue between the three parties.
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