Rare earth deal turns into pressure leverage against Zelenskyy
EU proposes its own deal with Ukraine on “critical materials”
The European Union proposed an agreement with Ukraine on Monday regarding "critical materials," a top official said, promising a "win-win" deal even as U.S. President Donald Trump pushes for his own agreement to secure access to Kyiv's mineral resources
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Barron's reported the information.
Ukraine's reserves of minerals — including manganese, titanium, graphite, and lithium — have been at the center of intense negotiations between Kyiv and Washington. Trump has repeatedly insisted that the United States should be compensated for its financial and military support in defending Ukraine against Russia's invasion.
European Commissioner for Industrial Strategy Stephane Sejourne revealed that he had presented a different proposal to Ukrainian officials during a visit to Kyiv alongside EU Commission President Ursula von der Leyen.
"Twenty-one of the 30 critical materials Europe needs can be provided by Ukraine in a win-win partnership," Sejourne said after the meeting, which took place on the third anniversary of Russia's full-scale invasion.
"The added value Europe offers is that we will never demand a deal that's not mutually beneficial," he added.
Meanwhile, Trump stated on Monday that the United States was "very close" to securing its own minerals agreement with Ukraine.
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