The Trump administration is pushing for a simplified minerals deal with Ukraine after President Volodymyr Zelenskiy rejected an earlier proposal granting the U.S. 50% of Ukraine’s critical minerals, including lithium, graphite, uranium, and titanium. Trump aims to secure an agreement before authorizing additional military aid or pursuing peace talks with Russia.
U.S. envoy Keith Kellogg is in Kyiv to renegotiate terms. Zelenskiy, while open to discussions, criticized the initial deal as overly U.S.-centric and lacking security guarantees for Ukraine. Trump, frustrated by the rejection, insists on a pact that ensures the U.S. "gets its money back" after billions in military aid to Ukraine. He is reportedly seeking $500 billion in mineral concessions.
The White House is considering a phased approach to circumvent legal complexities, allowing a deal now and detailed negotiations later. Experts suggest the strategy mirrors China’s resource-for-aid model. Some analysts argue Ukraine is willing to offer favorable terms to acknowledge U.S. support but must balance optics to avoid appearing "rapacious."
Trump has also called out European nations for structuring their aid as loans while the U.S. provides grants. Meanwhile, Russia, which has occupied parts of Ukraine rich in rare earths, remains a looming threat. Zelenskiy has raised concerns over the fate of these resources if they fall under Russian control.
With geopolitical stakes high, a revised minerals deal could reshape U.S.-Ukraine relations and global critical mineral supply chains.