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US scores Ukraine minerals for AI and EVs
Insider
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5/2/2025
Graphite for EV batteries. Neon gas for semiconductors. Titanium for fighter jets. You name it and Ukraine has it. That's why this week, the U.S. signed a major deal giving American companies access to Ukraine’s natural resources
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00:00
Graphite for EV batteries, neon gas for semiconductors, titanium for fighter jets, you name it, Ukraine
00:08
has it.
00:09
That's why this week the U.S. signed a major deal giving American companies access to Ukraine's
00:15
natural resources.
00:17
And with China restricting exports on rare earth metals, which the U.S. depends on, this
00:23
deal is even more important than ever.
00:26
Treasury officials say it's part of a plan for lasting peace and prosperity, but it's
00:32
also about keeping supply chains going, defense, and beating China in the race for tech dominance.
00:38
The two countries were close to signing the minerals deal months ago, but a rocky meeting
00:44
between Trump and Zelensky pushed it back.
00:47
What's in it for Ukraine?
00:49
The deal provides a lifeline for the economy as the country struggles with war, three years
00:54
after Russia's invasion.
00:56
The U.S. has framed the deal as an essential one if Ukraine is to continue receiving its
01:00
military assistance.
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