Source: European Parliament
The US Trump administration has set its sights on Ukraine’s vast mineral resources, and proposed a deal: to secure a portion of Ukraine’s rare earths in exchange for US support in the war against the Russian aggressor. Ukraine is a candidate for EU membership, and an earlier 2021 strategic partnership means the EU also has a stake in the future of Ukraine’s mineral sector. This briefing analyses the US and EU positions, to shed light on the potential future of rare earth mining in Ukraine.