President Donald Trump conditioned continued U.S. security and economic aid to Ukraine on gaining access to Ukraine's vast, rare, and largely untapped mineral resources. The Trump administration also demanding that future earnings Ukraine generates from these resources, as well as from ports and other infrastructure, be transferred to a special fund controlled by the U.S. until the fund accumulates $500 billion. Ukraine's annual revenues from its resources amount to $1.1 billion per year, which is four times less than the total U.S. investment in Ukraine to date. Ukraine has immense deposits, including titanium and lithium, of rare resources used globally for batteries, TVs, lasers, electric cars, and clean energy. These resources are valued by experts at $12 trillion, with more than 50% of them annexed by Russia and under its occupation. Trump's current plan aims to seize these resources, primarily as part of his trade war strategy against resource-rich China.
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Original article source: https://www.ynetnews.com/article/h1gfjqq9ye
Source Id: 2025-02-642203557