26 February 2025

Where Does the U.S.-Ukraine Rare-Earth Deal Stand?

Christina Lu

The fate of a potential U.S.-Ukraine rare-earth deal looks increasingly uncertain after Kyiv balked last weekend at Washington’s draft proposal to exchange continued U.S. military support for half of Ukraine’s mineral resources.

U.S. policymakers care about rare-earth elements and other critical minerals and metals, such as titanium and gallium, because they underpin everything from advanced weapons systems to clean energy technologies. Yet China overwhelmingly commands the global supply chains for many of these resources, sparking a race in Washington to diversify away from Beijing’s grip.

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