Ukraine's forthcoming minerals deal with the US is a significant move, allowing the US to acquire up to 50% of Ukraine's rare earth supplies. The EU is also pursuing a partnership, aiming to access critical materials necessary for various industries. EU industry commissioner Stephane Sejourne emphasizes that Ukraine can supply 21 of the 30 critical materials needed, creating mutually beneficial opportunities. Meanwhile, Ukrainian Deputy Prime Minister Olha Stefanishyna highlights that this deal is one aspect of a broader strategy, while President Trump underscores America's financial and military role in the ongoing conflict.
Ukraine is set to sign the minerals deal with the US President Donald Trump on Friday in Washington for up to 50% of their rare earth supplies which is a big step towards peace.
Stephane Sejourne, the EU's industry commissioner said: "Twenty-one of the 30 critical materials Europe needs can be provided by Ukraine in a win-win partnership. The added value Europe offers is that we will never demand a deal that's not mutually beneficial."
Olha Stefanishyna, Ukraine's Deputy Prime Minister told the Financial Times on Tuesday: "The minerals agreement is only part of the picture. We have heard multiple times from the US administration that it's part of a bigger picture."
Trump said, "I want them to give us something for all of the money that we put up... Without the United States and its money and its military equipment, this war would have been over in a very short period of time."
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