By Caitlin Doornbos
NY Post (Feb. 7, 2025)
https://nypost.com/2025/02/07/us-news/trump-wants-a-deal-for-ukraines-natural-resources-as-payback-in-exchange-for-aid-stopping-russia-attack-envoy/“When you look at the mineral deposits in that country, we’re not talking millions of dollars. We’re talking — virtually every region, we’re talking about billions, and then some regions are [worth] trillions,” retired Gen. Keith Kellogg said this week.
“You can come up with a deal, and that’s what [Trump] has the Treasury looking at: ‘OK, how do you make a deal where aid is predicated off of the payback [of] precious metals?'”
Ukrainian President Volodymyr Zelensky on Friday signaled support for a reciprocal resource deal with the US in exchange for security guarantees as part of a potential peace settlement.
Ukraine is home to roughly 5% of the world’s mineral resources, with rich deposits of titanium, uranium, iron, manganese and lithium — as well as rare earth minerals that are considered vital to US national security.
“When we walked out of the Iraq War, we don’t have a single oil contract in Iraq proper — they’re all in Kurdistan,” Kellogg explained. “Nothing. All the sacrifice went to no one. So I think the president is taking an economical look: ‘If you want to do this, there’s got to be something good for the American people,’ and that’s how he’s looking at it.”
Ukraine holds about 7% of the world’s supply of titanium — the largest reserves of any European country — which is needed for the production of everything from aerospace and defense materials to medicine and jewelry. It is also used in other industries such as energy and construction.
The US does not maintain its own supply of titanium in the National Defense Stockpile, instead buying from other nations — including adversaries....
Crucially, while the Russian-occupied eastern Donbas region has about 20% of Ukraine’s mineral reserves — most of Kyiv’s most valuable assets are in the central, northern, and western regions of the country, out of Russian tyrant Vladimir Putin’s reach.
“We need to stop Putin and protect what we have — a very rich Dnipro region [in] central Ukraine,” Zelensky told Reuters....
