Ukraine and US agree on rare earth minerals deal
Share and Follow


The agreement could be signed as early as Friday and plans are being drawn up for Ukrainian President Volodymyr Zelenskyy to travel to Washington.

KYIV, Ukraine — Ukraine and the U.S. have reached an agreement on a framework for a broad economic deal that would include access to Ukraine’s rare earth minerals, three senior Ukrainian officials said Tuesday.

The officials, who were familiar with the matter, spoke on condition of anonymity because they were not authorized to speak publicly. One of them said that Kyiv hopes that signing the agreement will ensure the continued flow of U.S. military support that Ukraine urgently needs.

The agreement could be signed as early as Friday and plans are being drawn up for Ukrainian President Volodymyr Zelenskyy to travel to Washington to meet Trump, according to one of the Ukrainian officials.

Another official said the agreement would provide an opportunity for Zelenskyy and Trump to discuss continued military aid to Ukraine, which is why Kyiv is eager to finalize the deal.

President Donald Trump, speaking to reporters in the Oval Office, said he’d heard that Zelenskyy was coming and added that “it’s okay with me, if he’d like to, and he would like to sign it together with me.”

Trump called it a big deal that could be worth a trillion dollars. “It could be whatever, but it’s rare earths and other things.”

According to one Ukrainian official, some technical details are still to be determined. However, the draft does not include a contentious Trump administration proposal to give the U.S. $500 billion worth of profits from Ukraine’s rare earth minerals as compensation for its wartime assistance to Kyiv.

Instead, the U.S. and Ukraine would have joint ownership of a fund, and Ukraine would in the future contribute 50% of future proceeds from state-owned resources, including minerals, oil, and gas. One official said the deal had better terms of investments and another one said that Kyiv secured favorable amendments and viewed the outcome as “positive.”

The deal does not, however, include security guarantees. One official said that this would be something the two presidents would discuss when they meet.

The progress in negotiating the deal comes after Trump and Zelenskyy traded sharp rhetoric last week about their differences over the matter.

Zelenskyy said he balked at signing off on a deal that U.S. Treasury Secretary Scott Bessent pushed during a visit to Kyiv earlier this month, and the Ukrainian leader objected again days later during a meeting in Munich with Vice President JD Vance because the American proposal did not include security guarantees.

Trump then called Volodymyr Zelenskyy “a dictator without elections” and claimed his support among voters was near rock-bottom.

But the two sides made significant progress during a three-day visit to Ukraine last week by retired Lt. Gen. Keith Kellogg, Trump’s special envoy to Ukraine and Russia.

The idea was initially proposed last fall by Zelenskyy as part of his plan to strengthen Kyiv’s hand in future negotiations with Moscow.

Share and Follow
You May Also Like
Minnesota police chiefs allege some ICE agents racially profiled US citizens, including off-duty officers

Minnesota Police Chiefs Expose Racial Profiling by ICE: US Citizens & Off-Duty Officers Targeted

On Tuesday, a coalition of Minnesota law enforcement leaders voiced concerns that…
McDonald's reportedly to lower combo prices as inflation rises

McDonald’s Employee Allegedly Overcharges Customers, Collects $700 in a Single Day

A 19-year-old employee at a McDonald’s in Texas is under investigation for…
Top Trump admin education official exposes blue state financial aid fraud offenders

Former Trump Administration Education Official Unveils Financial Aid Fraud in Democratic-Led States

EXCLUSIVE: An official from the Trump administration’s Education Department has spotlighted two…
One dead, 20 hurt after train derails in Spain days after fatal crash

Tragic Train Derailment in Spain Leaves One Dead, 20 Injured

A tragic train derailment near Barcelona has claimed the life of one…
Trump Greenland envoy disinvited from dog sled race amid heightened rhetoric

Trump’s Greenland Representative Barred from Dog Sled Event Amid Rising Tensions

Governor Jeff Landry of Louisiana, who serves as President Donald Trump’s envoy…
Ex-Nickelodeon star Amanda Bynes reveals exciting new career change

From Nickelodeon Icon to Creative Visionary: Amanda Bynes Unveils Her Thrilling New Career Path

Amanda Bynes has caught her followers off guard with an unexpected dive…
John Harbaugh 'can't wait to get started' with Giants' Jaxson Dart

John Harbaugh Eager to Kick Off New Era with Giants’ Rising Star Jaxson Dart

Jaxson Dart is known for being anything but a skeptic. When he…
Brooklyn Beckham 'holds all the power' with footage of Victoria

Brooklyn Beckham Holds Key Footage of Victoria, Highlighting His Influence

Brooklyn Beckham holds exclusive access to contentious wedding footage after making dramatic…