Business news from Ukraine

Business news from Ukraine

Trump stated that agreement with Ukraine on mineral resources grants U.S. full access to Ukraine’s rare earth elements

1 August , 2026  

U.S. President Donald Trump stated that the agreement on rare earth resources concluded with Ukraine provides the United States with access to Ukraine’s mineral resources and may prove more beneficial than the amount of U.S. aid provided.

“We’ve signed an agreement on rare earth elements… We have a signed contract. As for rare earth resources, we can go in there at any time. We can take practically whatever we want. It was a pretty good deal,” Trump said in an interview with Voice of Real America.

According to the U.S. president, Ukraine is “very rich” in rare earth resources, and the value of the agreement, in his view, could significantly exceed the amount of U.S. aid.

He suggested that the cost of access to these resources could exceed $300 billion, but the contract is still profitable and Washington will “get its money back.”

An analysis of rare earth elements is available on the YouTube channel of the Experts Club think tank – https://youtu.be/UHeBfpywpQc?si=CWejQ_1mj5Si5DwD

 

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