US, Ukraine Sign Minerals Deal

The deal was inked as Ukraine and Russia are engaged in ongoing cease-fire talks.

U.S. Treasury Secretary Scott Bessent (L) and Ukrainian First Deputy Prime Minister Yulia Svyrydenko sign a deal that will give the United States preferential access to new Ukrainian minerals deals and fund investment in Ukraine's reconstruction, in Washington on April 30, 2025. U.S. Department of Treasury via Reuters

The United States and Ukraine on April 30 signed a partnership agreement covering Ukraine’s rare earth metals and other natural resources, according to both U.S. and Ukrainian officials.

“This agreement signals clearly to Russia that the Trump Administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term,” Treasury Secretary Scott Bessent said in a statement.