Why does Ukraine negotiate a mineral deal with the US?

Kyiv and Washington are about to sign a US access agreement on mineral deposits in Ukraine, a Ukrainian minister saying.

Olga Stefanishyna, Deputy Prime Minister for Participation in European and Euro-Atlantic, x said that “negotiations are very important, with almost all the important details done”.

He added that “we have commitment to complete this easy to keep his signature”.

Zelensky first included the offer of a treaty with minerals in the so-called “victory plan” he presented in Trump September.

The idea is to offer the immediate presidential candidate a predictive cause of the US to continue supporting Ukraine.

On Monday Nege UK Prime Minister Boris Johnson told BBC in Kyiv That one agreement is “great prize” because it can be sure “a United States commitment under Donald Trump in a free, sovereign and secure Ukraine”.

Kyiv estimates about 5% of “critical raw materials in the world” in Ukraine. It includes 19 million tons of provisional graphite reserves, which the Ukrainian Geological Survey Agency agency said “One of the first five leading countries” for mineral supply.

Used graph to make batteries for electric vehicles.

Ukraine has another third of all European lithium deposits, the key component of current batteries. And before the Russian invasion, the global portion of Titanium production of Titanium, a light metal used to build all from planes of electricity stations, 7%.

In addition, Ukraine has many deposits in remarkable metals on earth. This is a group of 17 elements used to produce weapons, wind turbines, electronic and other products that are important in modern world.

Some of mineral deposits, however, obtained in Russia. According to Yulia Sypyrydenko, Ukraine’s economy minister is worth $ 350bn (£ 27bn) remains in the covered territories today.

In 2022, Secdev, a Geopolitical Risk Consultancy based in Canada, conducting an investigation, which has set up that Russia occupies 63% of the coal coal, cesium, tantalo and estimate.

Dr Robert Muggah, Principal of Secdev, says minerals add a “strategic emptiness and bank of the economy” in continued Russian attacks. By seizing them, he said, Moscow denies access to income for Ukraine, has expanded its own resource glass and influenced global supplies.

Critical minerals “is the foundation of the 21st century economy,” Dr Muggah explained. They are keys to renewed energy, military application and industrial infrastructure. They play “a growing strategic role in geopolitics and geoeconomics”.

In addition, the US wants a deal for mineral resources in Ukraine because want to reduce Chinese trust, which controls 75% of the Geological Group.

In December China forbidden to export some mineral mineral in the US, with limited US mineral exports last year.

On Monday, ahead of a visit with French president Emmanuel Macron, White House National Security Advistory tells us the Pie Outletical and combined US and Ukraine for the future “.

Before Stefanishyna’s recounting that an agreement is near, there are many points that remain.

On Wednesday, Zelensky rejected the US demands for a reported 50% of mineral lands – that Trump said the US value given to Russia.

“I can’t sell our state,” he said.

The provisions of a second draft of the Sundays agreement appear to be more than the first document.

Instead of 50/50 split split, suggested by the revised draft of the US full control, Zelensky told the Percouts of Press Conference on Sunday.

Zelenzky also said that any agreement would include security guarantees.

On Monday former Prime Minister in UK Boris Johnson calls a deal for US access to Ukraine’s minerals “the big prize”.

He rejected suggestions that the agreement was a “rip-off” and said that “what Ukrainians got a commitment to the United States in a free, sovereign and secure Ukraine”.

Some commentators describe the US offer as “colonial” but Kyiv is interested in joint exploration of its resources.

Developing these mineral resources is more difficult and expensive, as Iryna Suprun, President Executive in the Geological Investment Group, a mining advistory firm based in Ukraine. He argues that if they can attract American investors to improve their natural resources, it is very useful for the country’s economy.

“We get technologies that our mining industry lacks goodness,” Ms Suprun explained. “We’ll get capital. That means more jobs, paying taxes. We will receive income from the development of mineral deposits.”