U.S. President Donald Trump announced Monday that a revenue-sharing agreement on Ukrainian critical minerals is nearing completion, while floating the idea of American firms owning Ukrainian power plants as part of ongoing peace negotiations.
Key Developments:
Critical Minerals Deal: Trump stated that a U.S.-Ukraine pact on revenue-sharing from Ukrainian mineral resources is expected to be signed soon, though details remain undisclosed.
Power Plant Proposal: The president suggested U.S. companies could take ownership of Ukraine’s power infrastructure, citing American expertise in energy management.
Peace Talks Progress: A U.S. delegation met with Ukrainian and Russian officials in Riyadh this week, primarily discussing a Black Sea ceasefire but also exploring economic and territorial compromises.
Broader Context:
The discussions come as Trump pushes for an end to Russia’s three-year war in Ukraine, with talks touching on border demarcations and postwar economic arrangements.
Ukraine is rich in lithium, cobalt, and other critical minerals essential for green energy and defense technologies, making the deal strategically significant for the U.S.
The power plant proposal could signal a long-term U.S. economic stake in Ukraine’s postwar recovery, though it may raise sovereignty concerns in Kyiv.
What’s Next?
While Trump expressed optimism, Ukraine has not publicly commented on the power plant idea. Observers will watch for formal agreements on minerals and energy investments as ceasefire negotiations continue.