US President Donald Trump announced that Ukrainian President Volodymyr Zelensky is expected to visit the White House on Friday to finalize a significant minerals agreement between the two nations. This development follows intensive negotiations aimed at granting the US access to Ukraine’s vast mineral resources, including rare earth elements, in exchange for continued American support amid Ukraine’s ongoing conflict with Russia.
“I hear that he’s coming on Friday,” President Trump told reporters in the Oval Office. “Certainly it’s okay with me if he’d like to.”
The proposed deal has undergone revisions since its initial presentation. Earlier drafts reportedly included a US demand for $500 billion in potential revenue rights from Ukraine’s mineral exploitation—a point of contention for Kyiv. The updated agreement, however, has omitted this demand, focusing instead on joint development and revenue sharing. Specific details regarding the US stake and terms of joint ownership are expected to be determined in future negotiations.
Ukraine possesses significant reserves of critical minerals, such as lithium, graphite, and various rare earth elements, which are essential for advanced technologies and defense applications. However, a substantial portion of these resources is located in regions currently under Russian occupation, posing challenges to their immediate development.
This impending agreement aims to strengthen US-Ukraine economic ties and provide Ukraine with much-needed support in its defense efforts. While the deal emphasizes economic collaboration, it does not explicitly include security guarantees—a primary concern for Kyiv. Discussions regarding future military aid and security assurances are anticipated to continue alongside the economic negotiations.
The forthcoming meeting between presidents Trump and Zelensky marks a pivotal moment in US-Ukraine relations, especially following recent tensions and public exchanges between the two leaders. The international community will be closely monitoring the outcome of this engagement and its implications for the ongoing conflict in Eastern Europe.