UKRAINE: US MINERAL RESOURCE AGREEMENT

Former US President Barack Obama has warned against "old men clinging to power," saying some leaders fear irrelevance and death. 


The U.S. and Ukraine signed the Ukraine–United States Mineral Resources Agreement on April 30, 2025, to establish the joint U.S.-Ukraine Reconstruction Investment Fund

The agreement stipulates the establishment of a jointly-owned and managed "United States-Ukraine Reconstruction Investment Fund" to foster lasting peace and economic security in Ukraine. Its primary mechanisms include:

  • Revenue sharing: Ukraine contributes 50% of royalties, rent payments, and license fees from designated natural resource assets (including titanium, lithium, and uranium).[28] This revenue sharing applies only to new investments and projects; existing projects (like those by companies such as Naftogaz and Ukrnafta) are explicitly exempt from contributing to the fund, ensuring Ukraine retains full control over its current strategic assets.[29][30][31]
  • Military aid: the United States' financial commitment is structured as a capital contribution. In addition to purely financial contribution, any new military aid (such as weapons systems, ammunition, or training) is treated as capital contribution.[28][29]
  • Governance: the fund will be managed on a 50-50 partnership basis, giving both nations equal voting rights.[30][32] The U.S. International Development Finance Corporation (DFC) is designated as the primary U.S. implementing agency.[6]

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