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What critical materials and minerals does Ukraine have and why is Trump eyeing them?
euronews (in English)
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07/03/2025
What critical materials and minerals does Ukraine have and why is Trump eyeing them?
Ukraine holds significant reserves of the critical raw materials and rare earths needed to develop cutting-edge technology.
READ MORE : http://www.euronews.com/2025/03/05/what-critical-materials-and-minerals-does-ukraine-have-and-why-is-trump-eyeing-them
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00:00
What critical materials and minerals does Ukraine have?
00:08
Zelensky says Ukraine is ready to sign a minerals deal with the US
00:13
despite his confrontation with Trump in the Oval Office
00:16
and the US's pause on military aid.
00:19
But Ukraine wants security guarantees
00:21
in exchange for privileged access to its mineral wealth.
00:25
But why is that access so attractive for Trump?
00:28
Ukraine has an estimated 500,000 tonnes of untapped lithium,
00:33
which is essential to produce batteries for electric cars.
00:36
That's a third of Europe's reserves.
00:39
Two major sites are in occupied or conflict areas.
00:42
The country has significant deposits of iron, uranium and manganese
00:46
and 20% of the world's estimated graphite resources.
00:51
It also has titanium used in aerospace, military and medical applications,
00:55
for which it controls 6% of global production.
00:59
Finally, it also holds up to 5% of global deposits of rare earths.
01:04
These are metallic elements used in high-tech devices
01:06
such as smartphones, wind turbines and MRIs.
01:10
These materials are crucial in the race for technological dominance
01:13
and economic competitiveness.
01:16
US rival China has a near monopoly in the processing of many critical materials.
01:21
But exploiting the materials is not as easy as meets the eye.
01:26
Zelensky says 20% of Ukrainian resources are in Russian-controlled territories.
01:31
Some experts say it could be more.
01:34
Putin is likely to demand full control of the regions
01:37
he claims Russia annexed in 2022 as part of any future peace deal.
01:42
The mineral wealth of those regions is estimated to be in the hundreds of billions.
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