One America News Network By Blake Wolf
Ukraine has officially signed a deal with the United States, providing access to the nation’s rare earth minerals.
Regarding national security and defense, rare earth minerals are used in missile guidance systems, radar, jet engines, and communication systems. In addition to the manufacturing of smartphones, computers, electric vehicle batteries, wind turbines, and solar panels, they are also crucial for producing advanced military hardware like F-35 fighter jets and nuclear submarines.
“This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term,” stated Treasury Secretary Scott Bessent in a press release.
“President Trump envisioned this partnership between the American people and the Ukrainian people to show both sides’ commitment to lasting peace and prosperity in Ukraine. And to be clear, no state or person who financed or supplied the Russian war machine will be allowed to benefit from the reconstruction of Ukraine.”
The agreement introduced the creation of a joint U.S.-Ukrainian fund, titled the “United States–Ukraine Reconstruction Investment Fund,” which is said to be a 50-50 split in profits and royalties accrued from the mined minerals. However, the U.S. is given preferential access to the resources — according to a Reuters report…
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