One positive outcome of the recent dispute between Donald Trump and Volodymyr Zelensky is the potential minerals deal between the U.S. and Ukraine. However, it appears that cooler heads may prevail in the matter. Zelensky has expressed a willingness to sign the deal, and Trump has shown appreciation for Ukraine’s readiness. Officials from both countries plan to meet in Saudi Arabia next week to discuss the war in Ukraine and the minerals deal.

The proposed deal would create a fund from the sales of Ukrainian minerals for post-war reconstruction and repayment to the U.S. for aid, and it would present opportunities for U.S. mining companies. However, concerns exist regarding the minerals trap, the strategic pursuit of rare-earth minerals that can cause problems for great powers. The U.S. has experienced the allure of resources in its continued involvement in Afghanistan and Syria.

Similarly, Russia has fallen victim to the minerals trap in Africa, with soldiers dying to maintain access to African minerals. Trump needs to prioritize U.S. security interests and carefully consider the costs and benefits of pursuing Ukrainian minerals.

While U.S. investments in Ukraine could create jobs and opportunities for U.S. businesses, doubts exist regarding the feasibility of the deal. Ukrainian minerals assessments are based on outdated Soviet-era data, and many of the deposits are in eastern Ukraine, where conflict has been ongoing. U.S. mining companies would require protection from Russia and its proxies, which could result in further security risks and potential U.S. involvement.

Overall, U.S. leaders should adopt a pragmatic approach to Ukraine’s minerals. Alternative partnerships with countries like Canada, Greenland, Australia, Japan, and Finland can provide access to an abundance of rare-earth minerals. Ukraine’s minerals are not worth the risk to U.S. security, and Trump should be aware of the potential pitfalls.

Source: https://time.com/7265153/us-ukraine-minerals-deal-case-against/