Rare lands in Ukraine, that’s why a flop promises for Trump

Some current and former US officials expressed doubts about Trump’s thesis according to which the potential agreement with the Ukrainian President Volodymyr Zelensky would offer the United States easy access to a series of rare lands minerals. “Now we don’t know if and how our work will go on,” said DMytro Holik, director of the extraction and concentration plant of the Ukrainian conglomerate Group DF. “Every day we are witnessing the destruction of the Ukrainian energy system. Every day, entire regions are cut off in the event of an emergency,” he added, referring to the drones and missiles with which Russia affects the houses and Ukrainian energy infrastructures every night.

The staff of the IRSHANSK plant is mostly composed of men, exempt from compulsory leverage because the titanium is considered an important sector. The profits are low, the perspectives are scarce. “Our company is now very unstable and this involves a very high cost of our products,” explained Holik.

The nature of the framework agreementwhich according to a text viewed by the CNN would have been signed by the US Treasury Secretary Scott Beesent and the Ukrainian Foreign Minister Andrii Sybiha, It has been called as opaque as the elements of the sector who try to exploit ”. The CNN explains that the text refers to the middle of the value of the ” relevant natural resources owned by the Ukrainian government ”, but states that the specific details will be “agreed by both participants, as could be further described in the agreement of the Fund ”. The agreement continues by stating that these will not include ” the sources of current revenue already part of the Budget revenues of Ukraine ”.

The extent of Ukraine’s mining wealth is not clearpoints out the CNN. Ukrainian officials admit to relying on the geological dating of the Soviet era, but in a recent presentation of the Ministry of Ecology and natural resources Kiev said they have 7% of the world production of titanium and 3% of the lithium reserves that have not yet been extracted. Ukraine has also claimed to be among the top five nations for graphite reserves and to have deposits of rare lands minerals such as Tantalio, Niobio and Beerillium.

Before the Russian invasion, The US Geological Survey had said that Ukraine was the fifth titanium sponge producer and the sixth graphite manufacturer. He also defined Ukraine as a source of Scandio. The geologist Natalia Bariatska, a member of the Australian Institute of Geoscientists, said that ” it is very difficult to speak of the actual value of these deposits. We can speak of the value of the elements in the subsoil, but we must understand that many investments are needed to extract them, process them and sell them “.