France and Ukraine in Talks Over Strategic Access to Rare Minerals
Defense Minister Sébastien Lecornu confirms discussions on securing Ukrainian resources for France's long-term defense industry needs.
- France has been in discussions with Ukraine since October 2024 to secure access to rare minerals critical for its defense industry, according to Defense Minister Sébastien Lecornu.
- The talks follow Ukrainian President Volodymyr Zelensky's proposal to allies to leverage Ukraine's vast mineral resources as part of his 'plan for victory' against Russian aggression.
- The United States has already finalized an agreement with Ukraine on rare mineral access, with President Zelensky expected to sign the deal in Washington on Friday.
- France's focus is on diversifying its supply chain for key materials needed in defense systems over the next 30 to 40 years, rather than seeking reimbursement for its military aid to Ukraine.
- Ukraine holds approximately 5% of the world's mineral resources, though some deposits remain inaccessible due to Russian occupation.