Overview

• The proposed deal establishes a Reconstruction Investment Fund, with Ukraine contributing 50% of revenues from its state-owned natural resources, including critical minerals and hydrocarbons.
• President Zelensky seeks U.S. security guarantees as part of the agreement, which are currently absent from the deal's text.
• Ukraine's mineral wealth, including rare earth elements and critical materials, is significant but partially located in Russian-occupied territories, complicating extraction and revenue generation.
• The feasibility of monetizing Ukraine's resources is uncertain due to incomplete geological data, war-damaged infrastructure, and high extraction costs.
• The deal is framed as a mechanism to recoup U.S. aid provided to Ukraine, with estimates of U.S. assistance ranging between $119 billion and $183 billion.