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What you need to know about the US-Ukraine minerals deal

02:14

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May 5, 2025

After months of tough negotiations, Ukraine and the US have reached a raw‑materials agreement that both sides call historic. Ukraine's mineral wealth includes rare‑earth elements essential for high‑tech products.

Ukraine is a country rich in valuable mineral resources, ranking among the world's top 10 for several of them. An agreement between the US and Ukraine aims to jointly develop 57 commodities, including rare-earth metals essential for high-tech products. Ukraine holds about 5% of the world's mineral resources, with significant deposits of graphite, iron, and lithium. However, the ongoing conflict with Russia, which occupies around 20% of Ukrainian territory, poses a significant challenge to resource extraction. Approximately 40% of Ukraine's metal resources lie in territory under Russian control.

 

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.

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