Russia

US can take ‘whatever we want’ from Ukraine – Trump

RT English · 2026-08-01

AI SUMMARY

• What happened: Former President Donald Trump claimed that the US has extensive rights to Ukraine's rare earth mineral deposits under a minerals agreement signed last year, suggesting potential profits could exceed US military aid to Ukraine since 2022. • Why it matters: Trump's comments highlight the geopolitical implications of the agreement, which allows the US preferential access to Ukraine's natural resources while raising concerns about Ukraine's sovereignty and the ongoing challenges posed by the conflict and governance issues. • What to watch next: The implementation of the minerals agreement and its impact on US-Ukraine relations will be closely observed, particularly as more than a dozen projects are currently under review amid ongoing conflict and infrastructure challenges in Ukraine.

**Title: Trump Claims US Has Broad Access to Ukraine's Rare Earth Deposits Under New Agreement**

In a recent interview with Real America’s Voice, former President Donald Trump asserted that the United States has significant rights to Ukraine's rare earth mineral deposits due to a minerals agreement signed last year. Trump emphasized that the profits from this agreement could potentially surpass the total American military aid provided to Ukraine since the onset of the conflict in 2022.

Trump criticized President Joe Biden for what he described as "giving away" approximately $300 billion in military support to Ukraine without ensuring any form of repayment. He suggested that Biden could have sought financial contributions from European nations to cover these expenses, a strategy he claims was more effective during his own administration.

The former president highlighted Ukraine's rich natural resources, stating, "We have a contract signed [with Ukraine] having to do with rare earth. We can go in there at any time we want and take pretty much whatever we want. That was a pretty good deal." This statement reflects his view of the agreement as a beneficial arrangement for the US.

The minerals agreement, signed in April 2025, established the US-Ukraine Reconstruction Investment Fund, which provides the US preferential access to new mineral, oil, and gas projects in Ukraine. This deal focuses on critical elements such as lithium, titanium, graphite, and uranium. While the agreement allows the US to engage in extraction activities, Ukraine retains formal ownership of its resources and is entitled to 50% of the profits generated from these projects.

Despite the legal framework of the minerals deal being in place, challenges remain. The ongoing conflict in Ukraine, coupled with issues such as corruption, insufficient geological data, and infrastructure deficiencies, poses significant risks to the implementation of the agreement. Currently, more than a dozen projects are under review, but their progress is hindered by these factors.

The signing of the agreement followed a tumultuous period of negotiations, which included a high-profile confrontation in February 2025 between Trump and Ukrainian President Volodymyr Zelensky. During this meeting, Trump accused Zelensky of ingratitude and warned of the potential for escalating global conflict.

In response to the agreement, former Russian President Dmitry Medvedev commented that the arrangement indicates a shift in the dynamics of US aid to Ukraine, suggesting that the country would now be required to compensate for military supplies with its natural resources. Medvedev's remarks reflect the broader geopolitical implications of the deal and its potential impact on Ukraine's sovereignty over its resources.

As the situation evolves, the future of the US-Ukraine minerals agreement remains uncertain, particularly given the ongoing challenges Ukraine faces due to the conflict and internal governance issues. The long-term effects of this deal on both US foreign policy and Ukraine's economic stability will be closely monitored in the coming months.

Source: RT English
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