usatoday24
Today, Friday, February 28, Presidents Volodymir Zelensky and Donald Trump They will meet in Washington to discuss and sign the agreement on the mineral resources of Ukraine. This alliance will give the United States a control over the country’s natural resources, a measure that Trump has promoted These last days. However, estimates on this aspect are based on reports of the former USSR for more than 50 years ago.
The famous “rare earths”. I think we have heard of the “rare earths” these days and, in this same medium, We have deepened the subject Exposing the arguments of two energy experts, which have confirmed that talking about “rare earths” is a mistake. However, the global S&P medium He has been able to demonstrate Where does that speculation come from, it has only had to dust off some old documents of the former Soviet Union.
More than 50 years ago. The geological report of the Soviet era that is using Ukraine to evaluate its “rare earth” deposits focuses on an exploration made between 1960 and 1990. It is true that the technology of the moment and the methods were very different from the current ones. According to experts Consulted by S&P Globalthe data used to estimate mineral resources have not been updated since the dissolution of the USSR in 1991.
In addition, some of the deposits are in areas of difficult access and require more advanced technologies for extraction, as is the case of Novopoltavske, located in the Zaporizhia region, due to hydrogeological mining conditions. This mine, according to the report, contains phosphates, rare earths and niobium. On the other hand, currently, you cannot access the territories occupied by Russia, as in the Donetsk region, where the Azovske and Mazurivske quarries are located.
Were these deposits exploited in the USSR? According to the report with more than five decades, they knew about them and explored them, but were not completely exploited on a large scale. The impediments went through a lack of structure, the complexity to access the deposits and technological limitations of the time. After the dissolution of the USSR, the mining projects in the Ukraine area stagnated and no attempted development was made in a postsoviet era.
What will happen today? United States and Ukraine They will sign a treaty For a Ukraine reconstruction fund, partially financed with the income of its mineral reserves. Ukraine has agreed to contribute 50% of its future income derived from critical mineral mining such as cobalt, lithium, titanium and rare earths. In return, United States It would help develop The mining infrastructure necessary to extract these resources, but analysts consider that real benefits could take many years to materialize. In addition, the US will be co -owner of the Fund to the extent allowed by its legislation and promises long -term financial commitment, but the agreement It does not specify amounts, deadlines or details about the management of the fund, which generates uncertainty about its real implementation.
However, there is a key fact that has been overlooked: currently, Ukraine does not produce rare earths at the commercial level. Although it has reservations, the infrastructure necessary to extract them still does not exist. According to the United States Geological Service, Ukraine has Scandio depositsone of the 17 elements of rare earths, but its large -scale extraction has not begun.
Is it really so essential for the US? We have already told. On the one hand, Trump seeks to lead global mineral resources and impose himself on China. On the other hand, analysts They have mentioned that Ukraine should produce 20% of the world’s rare land for more than 150 years to reach the 500,000 million dollars of value that Trump has mentioned. In addition, as indicated in the report, the value of deposits may not justify the investment in its extraction, which makes Trump’s interest not completely clear from an economic perspective. To this is added the lack of clarity On the previous help of the US: Trump has mentioned between 300,000 and 350,000 million dollars, but the Kiel Institute has estimated that the real figure is 119,000 million.
It should be remembered that Ukraine has a notable production of other strategic minerals. Before the war, Galio produced, used in semiconductors and biomedical applications, and contributed 2% of the world’s bromine production, essential in flame retarders. In addition, it produced ilmenite, a key mineral concentrate for obtaining titanium, a metal with military applications. However, the war has stopped the production of manganese and alumina, fundamental for the manufacture of steel and aluminum.
And about the occupied territory? Access to mineral deposits in territory occupied by Russia depends on an eventual resolution of the conflict, adding another layer of uncertainty to the agreement. It also follows a key issue in the air: Zelensky sought to include security guarantees for Ukraine, but The agreement does not explicitly mention them. Although the text says that the US will support “Ukraine efforts to obtain security guarantees,” does not establish specific commitments or defense mechanisms in case of aggression. Without them, the real impact of the treaty remains uncertain.
Trump and Putin. All this conflict is even more complicated if we add the layer of the relationship between Donald Trump and Vladimir Putin, who have talked again, and the Russian leader even has offered preferential access to the natural resources of your country, showing willing to negotiate the end of the conflict. Despite these “advances”, the possible concessions that Trump could accept, such as Ukraine renounces NATO, they worry both kyiv and Europe. They fear that these agreements can make safety in the region even more unstable.
And the cake wid. The agreement Mention explicitly That future negotiations on the fund should avoid conflicts with the process of adhesion of Ukraine to the European Union, a striking point given Washington’s growing antagonism towards Brussels. However, Zelensky wants to avoid that the agreement interferes with its ambitions in European integration. Everything remains to be seen at today’s meeting.
Image | Zhukov Olexander
GIPHY App Key not set. Please check settings