Trump Prepares to Sign Valuable Minerals Agreement with Ukraine
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World
February 26, 2025 06:30
ukraine - Ukrainian President Zelenski set to meet with President Trump to sign a valuable minerals agreement, sparking controversy among experts.
Trump's Meeting with Zelenski for Valuable Minerals Agreement
US President Donald Trump is preparing to meet with Ukrainian President Volodimir Zelenski to sign a valuable minerals agreement. The deal has raised concerns among experts, with the US media likening it to 'extortion'. The agreement lacks a clear security guarantee, leading to criticism from analysts.
Ukraine's Abundance of Critical Minerals
Ukraine is home to 21 out of 30 critical raw materials identified by the EU, making up approximately 5% of global reserves. These materials are crucial for advanced technologies, from electric vehicles to military equipment.
Significance of Rare Earth Elements
Rare earth elements play a vital role in modern technology, with 17 elements being widely used in various industries. These elements are essential for the production of smartphones, computers, and medical devices.