A Ukrainian geologist, Volodymyr Savytskyi, was shopping in his local market for pork belly, lard, salmon, and grapes when he overheard a man, seemingly under the influence, expressing frustration about President Volodymyr Zelensky. The man complained that Zelensky did not consult the public before possibly giving away the country’s minerals to the Americans. A woman joined in, warning about Americans taking everything away. Savytskyi, aged 75, remained silent; he is more optimistic about a possible minerals agreement between Ukraine and the United States.
The proposed agreement has generated mixed reactions in the central Ukrainian region of Kirovohrad, a leading mining area. While many view American investment positively and are willing to use their natural resources to support the country’s battle against Russia, there is also growing skepticism about the terms and the trustworthiness of the United States, particularly under the Trump administration.
Ukraine holds deposits of more than 20 critical minerals, with one consulting firm estimating them to be worth several trillion dollars. The Trump administration is eyeing future profits from these minerals as a way to repay Ukraine for military aid given since Russia’s invasion. However, the agreement has encountered delays and criticisms, with some viewing it as blackmail that steals resources without providing sufficient security guarantees for Ukraine’s future.
Environmental concerns exist regarding the mining practices of US investors, though guarantees have yet to be made. Savytskyi, a geologist with extensive experience in the Inhulska uranium mine, supports the agreement, seeing it as a necessary collaboration for Ukraine’s survival and economic benefit. However, the history of uranium extraction in Ukraine, dating back to the Soviet era, highlights the challenges of developing mineral resources. The Chernobyl disaster in 1986 reduced Moscow’s interest in Ukrainian uranium, leading to funding issues for research in the sector.
Despite challenges and economical considerations, there is an understanding among some residents that engaging in sustainable mining with foreign investment could be beneficial, provided it is done responsibly. While the agreement is seen as a necessary compromise to secure jobs and profits, concerns remain over the terms of the agreement and the environmental impact of mining operations.
Source: https://www.nytimes.com/2025/04/05/world/europe/ukraine-russia-trump-minerals.html
