Washington, D.C., February 26, 2025—Ukrainian President Volodymyr Zelenskyy is set to visit the United States to sign a $350 billion deal focused on the joint development of Ukraine’s rare earth minerals. The agreement aims to enhance the development of critical resources essential for modern technologies, supporting Ukraine’s economic recovery and infrastructure growth.
The deal follows extensive U.S.-Ukraine negotiations and reflects a shift from earlier terms, excluding a large revenue share for the U.S. The new arrangement focuses on joint ownership and shared proceeds, emphasizing the strategic importance of Ukraine’s minerals for global supply chains. While the deal lacks long-term security guarantees, it strengthens the partnership between the two nations.
