Zelensky admits Ukraine doesn’t management rare-earths Trump needs – INA NEWS

Ukraine’s supporters should assist push Russian forces out of the mineral-rich former territories of the nation earlier than investing in rare-earths, Ukrainian chief Vladimir Zelensky has stated.
US President Donald Trump acknowledged on Monday that Ukraine should guarantee a return on America’s $300 billion in help by means of its rare-earth minerals. Talking on the White Home, he referred to as for “equalization,” hinting at a deal involving these assets. It isn’t clear whether or not he was proposing a free provide or a reduced sale.
Uncommon-earth minerals – 17 components valued for his or her magnetic and electrochemical properties – are utilized in smartphones, EV batteries, and most cancers therapy.
Final week, Trump suspended all USAID packages, a US company that funds international initiatives by means of humanitarian help. The transfer halted quite a few initiatives in Ukraine.
“Now we have sufficient rare-earth metals, however Russia has occupied our lands since 2014,” Zelensky stated on Tuesday in Kiev, responding to Trump. “We’re open to them being developed by our companions who assist us defend the land, push again the enemy with their weapons, presence, and sanctions. And that is completely honest.”
He went on to say that he raised the problem of Ukraine’s mineral wealth with Trump in previous conferences, warning that if Russia controls these assets, corporations from different nations will exploit them.
A 2024 World Financial Discussion board report highlighted Ukraine’s potential as a key provider of uncooked supplies important for protection, aerospace, and inexperienced vitality. Ukraine’s complete mineral wealth was estimated at over $14.8 trillion in 2023, in line with Forbes.
Earlier than the 2022 escalation of the Ukraine battle, the nation had Europe’s largest reserves of titanium and lithium, which aren’t rare-earths, however are important for army industries, batteries, and capacitors. Round $7 trillion of Ukraine’s complete mineral wealth is in its former Donbass areas of Donetsk and Lugansk, in line with Forbes.
Most of those territories got here underneath Russian management after Donetsk and Lugansk voted to affix Russia in 2022. Each declared independence in 2014 from Ukraine after the Western-backed Maidan coup in Kiev.
Russian President Vladimir Putin cited the safety of individuals in Donbass as a key cause for launching the army operation in Ukraine. Assets in these territories are a significant factor within the assist of NATO member states for Kiev, Russian Overseas Minister Sergey Lavrov claimed in October 2024. “Their discourse revolves round territory and assets that they require in America,” he stated. “Our concern just isn’t territories, however folks.”
Zelensky admits Ukraine doesn’t management rare-earths Trump needs
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