‘New form of commitment’: Ukraine, US sign minerals deal after two months delay

The United States and Ukraine formally gave a formal form of mineral agreement after two months of delay on Wednesday, indicating a change in Washington’s approach to support Kiev. Described as “new forms of commitment” to Ukraine after the expiry of military assistance by the Donald Trump administration, the deal marked a strategic axis towards economic and resource-based cooperation.
US Treasury Secretary Scott Besent said, “Commitment of both sides for permanent peace and prosperity in Ukraine. The agreement clearly indicates to Russia that the Trump administration is committed to a peace process, which has long been focused on an independent, sovereign and rich Ukraine,” US Treasury Secretary Scott Bassant said that he announced the deal.
Ukrainian Prime Minister Dennis Shameigal described the new signed mineral agreement with the states as “good, equal and beneficial”. He later announced through Telegram that both nations would jointly establish one. Reconstruction investment fundWith the same 50 percent polling rights for both sides.
“Ukraine holds complete control over its sub -musical, infrastructure and natural resources,” he said.
Ukrainian President Volodimier Zelanski was originally scheduled to sign the mineral agreement at the White House, but the plan was suddenly terminated after a television confrontation, which led to his dismissal from the meeting.
Ukraine is believed to be considered to be about 5% of the world’s total minerals and rare earth reserves, although most of this capacity remains unused, in which many major sites are now under Russian control. According to France’s Bureau of Geological and Mining Research, Ukraine has about 20% of the world’s graphite – an essential component in the electric vehicle battery. The country is also a major source of manganese and titanium and claims to be the largest lithium deposit in Europe.
More than three years in the war, Russia now occupies about 20% of the Ukrainian region, with a struggle thousands of people, including many citizens, lost their lives.