U.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles
The agreement could provide a windfall to the U.S., but the resources will be expensive to extract, and any progress is unlikely while the war rages.
It Is Happening Every Day, Every Where
The agreement could provide a windfall to the U.S., but the resources will be expensive to extract, and any progress is unlikely while the war rages.
The Pentagon and defense contractors are heavily reliant on magnets and rare earth minerals mined or processed in China, which has suspended exports of the materials in an escalating trade war.
There is excitement about the potentially lucrative resources scattered around the island, especially the rare earths. But extreme weather, fired-up environmentalists and other factors have tempered hopes of a bonanza.
China dominates in critical minerals, and President Trump has turned to high-pressure tactics to acquire them.
In an interview broadcast on Monday, President Vladimir Putin said U.S. companies stood to profit in Russia, but suggested a Ukraine peace deal was still far-off.
The Kremlin freed Marc Fogel, a teacher held for more than three years on drug charges, in a deal negotiated by Steve Witkoff, President Trump’s Middle East envoy.