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U.S. and Ukraine Finalize Strategic Minerals Partnership

The agreement establishes a joint fund for Ukraine's reconstruction using profits from critical mineral extraction, while maintaining Ukraine's resource sovereignty.

Presidents Donald Trump and Volodymyr Zelenskyy huddle at the Vatican during Pope Francis' funeral
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Overview

  • The U.S. and Ukraine signed a minerals deal on May 1, 2025, creating a 50/50 Reconstruction Investment Fund to reinvest profits in Ukraine's recovery for the first decade.
  • Ukraine retains full sovereignty over its natural resources, with authority over extraction decisions and management of the joint fund.
  • The agreement covers 55 key minerals, including lithium, uranium, and titanium, essential for global supply chains and Ukraine's reconstruction.
  • The deal excludes explicit U.S. security guarantees but positions future military aid as an investment in the fund, signaling long-term U.S. support for Ukraine.
  • Russian officials criticized the agreement as exploitative, while Ukraine's parliament prepares to ratify the pact, which is seen as a strategic counter to Russian influence.