Ukraine, U.S. to finalize landmark critical minerals agreement

English , International - بین الاقوامی , Snippets , / Wednesday, April 30th, 2025

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rki.news
Kyiv, April 30 — Ukraine is preparing to sign a long-anticipated critical minerals agreement with the United States, a move expected to strengthen Ukraine’s economy and deepen its strategic partnership with Washington.
The agreement establishes a joint framework for the exploration, extraction, and development of Ukraine’s vast deposits of critical minerals such as lithium, titanium, and uranium. These resources are essential to industries including clean energy, electronics, aviation, and defense, making the deal a strategic priority for both nations in an increasingly competitive global landscape.
Ukrainian officials confirmed that the agreement will include the creation of a joint investment fund and foster long-term cooperation over the next decade. It is also expected to support Ukraine’s reconstruction efforts amid the ongoing war and reduce global dependence on rival mineral suppliers, particularly in light of shifting geopolitical alliances.
Prime Minister Denys Shmyhal emphasized that the partnership will not only unlock Ukraine’s mineral potential but also serve as a powerful signal of international support for the country’s sovereignty and post-war recovery. The deal has been under negotiation for over a year, with both sides now aligned on key terms, including investment safeguards, transparency measures, and national interest protections.
The formal signing is expected within the next 24 hours during high-level meetings between Ukrainian and U.S. officials. Once finalized, this agreement will mark a major milestone in Ukraine’s economic diplomacy and its long-term strategy to emerge as a key global supplier of critical minerals.