The way to the end of the war between Russia and Ukraine will have an important chapter today in the White Housewell Zelenski will reach noon to discuss and sign an agreement with President Donald Trump on the use of Ukrainian minerals for the production of technology in the United States. Mob, bromine, iron ore, ilmenite, alumina, cast iron, gallium, titanium, mercury and garnet are some of the Ukrainian wealth.
The scope of the agreement is not known, nor guarantees is security for Ukraine; What is known is that Trump goes for 50% of the rare earths of the European country and has expressed that he expects up to US $ 500,000 million in mineral resources for the help Joe Biden lent during the war and the funds that Trump will continue to send.
Mineral wealth of Ukraine
Rare earths are a set of 17 metals that are chemically and are key to the production of technology: Batteries for electric vehicles, cell phones, missile systems and other electronic products. The mineral agreement still has gaps that must be explained, but today’s encounter is key not only for cooperation between the US and Ukraine, but for the end of the war with Russia.
The mineral wealth of Ukraine is large for a country of its size, according to Visual Capitalist. Ukrainian rare earth numbers are still unknown for sure, but it is known about the presence of other key elements.
In terms of production, peat in Ukraine has about 2.2% of world participation, while bromine reaches 2%. Likewise, iron and ilmenite mineral has 1.7% and 1.3% of production in the world.
Ukraine has other key chemical elements such as Alumina (1.2% production before war); cast iron (0.5%); Galio, manganese (produced before the war). As for its reserves, the mercury reserves of this nation are among the eight largest in the world and the garnet (rare land) is present in Ukraine.
Ukraine contains other precious minerals, such as graphite, which represents 6% of world reserves; 1.2% lithium (500,000 metric tons, keys to the production of batteries, ceramics and glass); Uranium (2.4% of reserves).
The European Union estimates that the country has 22 of 34 critical minerals. Industrial and construction materials, Precious and non -ferrous metals, as well as rare earth elements, are part of the mineral wealth of Ukraine.
