The Briefing Ukraine and the US sign historic rare earth minerals deal
May 1, 2025
Joseph Appia Dolphine, a journalist from Ghana, provides fascinating insights on the recent U.S.-Ukraine rare earth minerals deal. He discusses operational details and how this partnership could reshape economic cooperation. The conversation also touches on political trends in the U.S. and Canada impacting voter sentiment in Australia, as well as the significance of Cardinal Peter Turkson in the upcoming papal conclave, exploring how a Ghanaian leader could influence peace efforts in Africa.
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US-Ukraine Mineral Deal Transformative
- The new US-Ukraine mineral deal marks a shift to an equal 50-50 partnership with a joint reconstruction fund.
- It enables Ukraine to retain control while allowing US military aid as part of investments, differing greatly from the initial unpopular offer.
Ukraine's Rare Earth Mineral Wealth
- Ukraine holds vast rare earth minerals, including possibly the second or third largest lithium reserves globally.
- This resource position is critical to countering China's dominance in rare earths and will interest US strategic interests.
Legal Safeguards in Deal
- The US-Ukraine deal is governed by international law, ensuring Ukraine maintains leverage over its mineral wealth.
- However, Ukraine depends heavily on the goodwill of a stronger partner, which can sometimes be unpredictable.