Trump and Zelenskyy Expected to Finalize Critical Minerals Deal in Washington
The proposed agreement could grant U.S. access to Ukraine's mineral reserves in exchange for security guarantees and economic benefits.
- Ukrainian President Volodymyr Zelenskyy is set to visit Washington on Friday to meet with President Donald Trump and potentially sign a minerals agreement.
- The deal would grant the U.S. access to Ukraine's reserves of critical minerals, including rare earth elements, lithium, and titanium, which are vital for defense and technology industries.
- Trump has framed the agreement as a way to recoup some of the $175 billion in U.S. aid provided to Ukraine since 2022 and to bolster the U.S. economy.
- The minerals deal is seen as a strategic move to reduce U.S. reliance on China for critical resources and to strengthen supply chain security.
- While the deal could facilitate further U.S. aid to Ukraine, challenges remain, including outdated geological data, war-damaged infrastructure, and Russian-occupied resource-rich areas.