
What is in the US-Ukraine minerals deal?
Al Jazeera
A new investment fund is to be established to help with post-war reconstruction of Ukraine.
After months of tense negotiations – including one particularly fiery meeting in the White House Oval Office between United States President Donald Trump and Ukraine’s President Volodymyr Zelenskyy in February – Washington and Kyiv have finalised a long-awaited minerals deal.
The agreement, signed in Washington, DC, on Wednesday, will give the US preferential access to new Ukrainian minerals and natural resources licences. In return, the US will provide financial and military assistance to Ukraine to help the country rebuild after the war.
The deal comes at a critical moment as the US had threatened to step away from its mediation effort to bring an end to the more than three-year conflict.
Trump, who has heavily promoted the deal, said it represents “payback” for the $350bn that he claims Washington has spent on supporting Ukraine’s war effort.
It is unclear how Trump has arrived at the figure of $350bn. Official figures from the US Department of Defense put total spending on Ukraine at $182.8bn between January 2022 and December 2024.













