Keys to the minerals deal: Ukraine has critical metals, but not as many rare earths as Trump thinks

Donald Trump's agreement with Ukraine for the exploitation of critical minerals deviates from traditional war reparations as the U.S. has not been directly involved in the conflict. Despite Ukraine's substantial mineral deposits, skepticism exists regarding its potential in rare earth elements. Ukraine is rich in 22 out of 34 elements considered critical by the EU, with estimates suggesting it holds 5% of the world's critical minerals. These resources include lithium and graphite, vital for battery and electric car production, even though geopolitical realities complicate the situation in conflict-affected areas.

"It is not a typical war reparation: Washington has not participated directly in the conflict, but has only provided economic and military support for Kyiv's defense."

"Although Ukraine possesses significant mineral resources, there are serious doubts about its real potential in the field of rare earths, which is where Trump has focused his attention."

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