May 1, 2025 2:58 PM

U.S. and Ukraine ink landmark deal on critical minerals, opening new front in strategic resource race

Ukraine and the United States on Wednesday signed a deal heavily promoted by U.S. President Donald Trump that will give the United States preferential access to new Ukrainian minerals deals and fund investment in Ukraine's reconstruction. The following is an overview of the critical minerals, including rare earths, and other natural resources in Ukraine: WHAT ARE RARE EARTHS AND WHAT ARE THEY USED FOR? Rare earths are a group of 17 metals used to make magnets that turn power into motion for e...