More than 50 per cent of Ukraine’s critical rare earth mineral resources are in regions illegally annexed by Vladimir Putin and partially occupied by his forces
US president Donald Trump has announced he wants Ukraine to pay for financial and military support by affording Washington access to the country’s vast but untapped rare earth minerals.
He said on Monday he wants “equalisation” from Ukraine for the US’ “close to $300 billion” in support.
“We’re telling Ukraine they have very valuable rare earths,” Mr Trump said. “We’re looking to do a deal with Ukraine where they’re going to secure what we’re giving them with their rare earths and other things.”