The U.S. and Ukraine have signed a long-anticipated agreement to share profits from future sales of Ukraine’s mineral reserves, following months of negotiations.
The deal includes the creation of a reconstruction investment fund aimed at supporting Ukraine’s economic recovery from the ongoing war with Russia.
U.S. Treasury Secretary Scott Bessent said the agreement reflects a joint commitment to lasting peace and prosperity. For Ukraine, the deal is seen as vital for unlocking continued U.S. military aid.
Ukraine holds significant reserves of critical minerals like graphite, titanium, and lithium—key materials for renewable energy, defense technology, and industrial development.