Rare Earths

EU Offers Ukraine a Mutually Beneficial Minerals Deal

Despite Ukrainian President Zelenskyy’s refusal of two draft agreements demanding $500 billion in compensation—including mineral, oil, and gas revenues—for US support against Russia, former President Trump claims a final deal is imminent. This deal would reportedly grant the US access to Ukraine’s substantial mineral reserves, including rare earths. Zelenskyy firmly rejected the initial proposals, citing the exorbitant and intergenerational cost. Trump, however, maintains the agreement will be mutually beneficial.

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