Trump wants half of Ukraine’s mines, is this transaction?

According to RCO News Agency, the draft contract from Washington to Ukrainian President Washington Zelkski gives the United States the right to seize half of the country’s mineral wealth.

Fortune’s American magazine writes that, despite the fact that such a transaction is historically heavy and difficult, it will most likely not have a significant impact on reducing China’s dominance over the supply chain. Donald Trump wants Ukraine to pay for past US military support, and more details have been published about a deal that gives the United States the right to achieve half of its rare mines.

According to the Daily Telegraph on Monday, a draft contract presented by US Treasury Minister Scott Bosent to Zelkski last week includes “overall economic value of Ukraine resources”, including mines, oil and gas and even ports.

While Ukraine is still in a war, Trump recently said he wants “$ 5 billion” of rare minerals, including lithium, cobalt, titanium and other minerals for modern technology, from guided missiles to cars. Electric is essential. China has been fully dominated by the rare mineral supply chain over the past four decades. While the West is trying to make up for this gap, the total value of Ukraine’s mineral reserves is estimated at $ 1.5 trillion.

However, Zelksky soon rejected Trump’s initial offer.

Suggest a German debt in the World War

According to the Financial Times, the Ukrainian President in an interview with Trump had put forward the idea of ​​granting mines to US companies last year, but he calls for US and European security guarantees against any transaction related to mineral reserves. Trump’s proposal has been compared with the compensation that the Allies imposed on Germany on the Versailles Treaty after the first World War I. Germany accepted responsibility for paying about $ 5 billion (equivalent to $ 5 billion today).

Most historians see German dissatisfaction with the treaty and its economic problems as one of the main reasons for the emergence of the Nazi Party and the beginning of World War II.

Marko Pachet, a senior vice president and strategist at BC Rissec, told Fortune Magazine that Trump’s offer is not only very heavy and difficult, but does not seem logical.

“Many of Ukraine’s rare mineral reserves are located in Russian -controlled areas,” the researcher said. In addition, the United States does not require rare minerals itself, but it needs to be processed somewhere other than China. “This project looks more like a computer game scenario.”

The White House has not responded to the request. However, Trump’s deal for the rare Ukrainian mines is facing serious obstacles.

From Greenland to Ukraine; Trump seeking to master the scarce mines

No wonder Ukraine’s potential mineral wealth has attracted Trump’s attention; Someone who has long insisted that he wants to buy Greenland, which is full of minerals.

According to Mining World, Ukraine has a reserves of 5 of the world’s most widely used industrial minerals. Government estimates show that Ukraine accounts for 5 % of the world’s lithium reserves. However, none of these sources have been extracted so far. Much of the Ukrainian mineral wealth remains intact and the estimates of these reserves are based on studies in the Soviet Union.

China decades ahead of the west in the game of rare mines

“These data are not up -to -date; We have very little information about what’s there. “

In addition, Ukraine has announced that more than 5 % of its mineral wealth is in areas currently under Russia. At the same time, regardless of the dollar value of Ukraine’s rare minerals, the development of the infrastructure needed to extract and process these materials will not be possible overnight.

This fact reflects China’s widespread vanguard over the West, which is due to its vital access to these minerals due to decades of investment and government subsidies in the extraction and processing of these materials. Experts believe that the United States has a long way to go to reach China’s economic scale and specialized superiority, according to Farren Polisi last year.

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