President Donald Trump suggested Ukraine begin offering critical minerals to the U.S. in exchange for military aid, and President Volodymyr Zelenskyy seemingly welcomed the idea.
'We’re putting in hundreds of billions of dollars. They have great rare earths. And I want security of the rare earth, and they’re willing to do ,' Trump told reporters at the White House on Monday, in a sign that he may be open to continuing aid to the war-ravaged country. Zelenskyy told reporters Tuesday that Ukraine was open to an 'investment' from 'partners who help us defend our land and push the enemy back with their weapons, their presence, and sanctions packages.
German Chancellor Olaf Scholz called Trump’s suggestion 'very egotistic, very self-centered,' and said Ukraine would need its resources to finance postwar rebuilding. China is by far the biggest producer of rare earth minerals, used in smartphones, electric vehicles, household appliances and even cancer drugs. It accounts for around 70% of global production.
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