Articles in this Cluster
01-05-2025
The US and Ukraine are nearing a mineral deal after months of negotiations, but a last-minute issue has arisen. Ukraine's First Deputy Prime Minister Yulia Svyrydenko was set to sign the deal in Washington, but US officials demanded she sign three documents simultaneously, which Ukraine cannot do without parliamentary ratification. The deal involves creating a joint reconstruction fund, with 50% of profits from Ukraine's new mineral licenses, and gives the US preferential access to Ukrainian natural resources. The agreement is seen as strategic for both countries, with Ukraine seeking to mend ties with the US and the US looking to access Ukraine's rare earth materials, including titanium, uranium, and lithium.
01-05-2025
The US and Ukraine have signed a deal to share profits from the sale of Ukraine's mineral reserves, including critical minerals like graphite, titanium, and lithium. The agreement establishes a US-Ukraine Reconstruction Investment Fund to support Ukraine's economic recovery from its war with Russia. The fund will be managed on a 50:50 basis, and Ukraine's natural resources will remain the property of Ukraine. The deal is seen as essential to Ukraine accessing US military aid and is part of a broader effort to counter China's dominance in the rare-earth market, where it currently supplies 90% of the world's stocks.
01-05-2025
The US and Ukraine have signed a joint economic investment deal that grants the US access to Ukrainian rare earth minerals. The deal establishes a "United States-Ukraine Reconstruction Investment Fund" and is described as a 50/50 partnership between the two countries. The fund will be used to develop mineral, oil, and gas projects in Ukraine and will be funded through direct investment, future US aid, and revenue from new mineral licensing deals. Ukraine will retain ownership of its natural resources, and profits from the fund will be reinvested in the Ukrainian economy for the first decade. The deal is seen as a key part of former President Trump's efforts to broker an end to the Russia-Ukraine war.
01-05-2025
Ukraine's military reported that Russia has intensified its fighting, with 177 combat clashes and 91 airstrikes in the past day, despite Russian President Vladimir Putin announcing a three-day ceasefire for the 80th anniversary of World War II Victory Day. Secretary of State Marco Rubio called it a "very critical week" for peace talks, saying progress has been made but it's unclear if a deal is near. US President Donald Trump expressed frustration over the ongoing violence, suggesting Putin may not want to stop the war and needs to be dealt with differently, potentially through additional sanctions.
01-05-2025
The US and Ukraine have signed a deal creating a joint investment fund that will allow the US to share in future revenues from Ukraine's mineral reserves. The agreement, announced by the Trump administration, is seen as a way to give President Trump a personal stake in Ukraine's fate and address his concerns about the US providing financial support to Ukraine without a clear return. The deal does not include explicit guarantees of future US security assistance to Ukraine, and it is unclear what impact it will have on American military support for the country. Ukraine's President Volodymyr Zelensky initially proposed the idea of a minerals deal to Trump, and the two countries have been negotiating the terms for months. The agreement is seen as a step towards greater security and potentially clearing the way for more consequential talks on US military backing and a possible cease-fire with Russia.
