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Mineral Deal Drafted
Ukrainian President Volodymyr Zelensky is slated to meet with US President Donald Trump at the White on Friday to finalize the widely publicized mineral deal. The initial demand for $500 billion in minerals was perhaps a reminder to Ukraine of how much the US has spent on their war. The current draft would establish a jointly managed Reconstruction Investment Fund.
It is estimated that Ukraine holds 5% of world's critical raw materials. Ukrainian officials believe they have 19 million tonnes of graphite reserves and significant deposits of titanium, rare earth metals, and lithium. The current plan would require harvesting up to HALF of Ukraine's minerals and rare earth materials.