Politics and Government Politics and Government
Mon, May 5, 2025
Sun, May 4, 2025

U.S.-Ukraine Minerals Deal: Key Political Figures React


Published on 2025-05-04 22:40:57 -
  Print publication without navigation

  • Secretary Rubio said the agreement is "a milestone in our shared prosperity and an important step in ending this war."

The U.S. and Ukraine have signed a non-binding memorandum of understanding to collaborate on the development of Ukraine's critical minerals industry, aiming to reduce global reliance on China for these resources. This agreement, signed during the 2024 G7 Summit in Italy, focuses on minerals like lithium, cobalt, and titanium, which are essential for technologies such as electric vehicles and renewable energy systems. The partnership seeks to enhance Ukraine's mining sector, promote sustainable practices, and support economic recovery amidst ongoing conflicts, while also aligning with broader Western efforts to diversify supply chains away from China.

Read the Full Time Article at:
[ https://www.aol.com/news/u-ukraine-minerals-deal-key-123048665.html ]