U.S. and Ukraine sign minerals deal, Treasury Department announces

Ukrainian and U.S. officials have signed a joint economic investment deal that includes granting the U.S. access to Ukrainian rare earths minerals, the Treasury Department announced Wednesday.

A Treasury Department press release said the two countries have agreed to establish a “United States-Ukraine Reconstruction Investment Fund,” referring to it as an “economic partnership.” The statement did not include more detail about the agreement.

President Trump had pressed Ukrainian President Volodymyr Zelenskyy about an economic deal that would include access to Ukraine’s minerals, framing it as a way of paying the U.S. back for aiding the Ukrainian military in its war with Russia. 

This is a developing story and will be updated.