Volodymyr Zelensky, the President of Ukraine, has announced that Ukraine is urging its allies to invest in the development of its mineral resources. On the 8th (local time), President Zelensky posted on X (formerly Twitter), stating, “We have mineral resources,” and encouraging investment in these resources.
He emphasized that “this doesn’t mean we are handing over our mineral resources,” but added, “Pay and invest, let’s develop this together and make money.”
Ukraine holds about 5% of the world’s mineral resources, including titanium, uranium, iron, and lithium. Analysts suggest that by encouraging resource investments from allied nations, Ukraine aims to secure its national security.
In an interview with foreign media the previous day, President Zelensky also expressed his willingness to cooperate with the United States regarding the development of Ukraine’s minerals.
He remarked, “Americans have provided the most help, so they should earn the most money and have this priority,” and added, “I would like to discuss this matter with President Donald Trump.”
Previously, on the 3rd, U.S. President Donald Trump mentioned, “We are looking to make deals with Ukraine,” and noted, “Ukraine will secure what we provide through rare earth materials and other goods.”
A senior official from the Ukrainian government stated in an interview with The Washington Post that “many rare earth elements are concentrated in the eastern areas occupied by Russia,” and added, “If President Trump succeeds in driving out the invading forces, he could provide us with more incentives.”