February 26, 2025
Resources are, but may not be in the quantity that the US is calculated - the Director of the Association of the Ministry thumbnail
Ukraine News Today

Resources are, but may not be in the quantity that the US is calculated – the Director of the Association of the Ministry

“To estimate how much this raw material will cost, it should be in intelligence, it should be inserted in power, which is about 7-8 years, as you get on a projected power, from 3 to 5 years you do geo-exploration work, and only after 10-15 years you start returning the first investment ””, – WRITE: www.radiosvoboda.org

Ukraine can have reserves of rare earth materials of critical raw materials for about $ 400 billion, but this data for 2018 in an approximate recalculation at a modern dollar exchange rate and including occupied territories, said in Ether Radio Libert The Association of Mining Industry of Ukraine Kseniya Orinchak.

According to her, there are resources in Ukraine, but they may not be in the amount that the United States of America is calculated.

“Resources are not that there is no. They may not be in the concentration, in the amount that the Government of America is calculating. But what they are is a fact. We just don’t know the exact number. To estimate how much this raw material will cost, it should be informed, it should be inserted in power, which is about 7-8 years, as you get on a projected power, from 3 to 5 years you do geo-exploration work, and only after 10 -15 years you start returning the first investment, ”Orinchak said.

No one can say the exact amount for which Ukraine has rare earth materials, since the resolution of the Security Service of Ukraine since 2005, according to which these types of minerals are classified, says Orinchak.

“These numbers that sound today are populist. They are unrealistic. And only geologists who try to say enough diplomatically how much we have – they say it very carefully, only for the reason that in Ukraine is still such a resolution in the Security Service of Ukraine since 2005, where, in fact, the number of useful The fossils, which belongs to critical raw materials in Ukraine, is classified … It is still closed. Therefore, no one can say the exact figure. That is, there is a direct prohibition from the Government of Ukraine to disclose any data to foreign or Ukrainian investors, ”said the Director of the Association of Mining.

The day before, US President Donald Trump reported that President of Ukraine Volodymyr Zelenskyy would probably visit the United States on February 28. According to him, during the visit, the parties should sign an agreement between Ukraine and the US on minerals.

On February 25, it became known that Kyiv agreed with Washington to the terms of the mineral mining agreement. According to the media, the United States has abandoned the right of $ 500 billion in potential income from the operation of these resources. According to Economic Truth, the updated treaty does not stipulate that the United States will fully own the Fund with Ukraine, but it does not have clear security guarantees.

At the beginning of the month, US President Donald Trump said he wants to agree with Ukraine about an agreement that will provide US access to rare earth minerals used in electronics. Trump said he planned to compensate for the assistance provided to Kiev, which he estimated at $ 500 billion.

After Kyiv rejected the first version of the resource agreement, Trump sharply criticized President of Ukraine Volodymyr Zelensky, who claimed that the US assisted was about $ 100 billion.

On February 24, Trump stated that he was going to meet Zelensky in the next two weeks to sign an agreement on access to rare earth metals. “Almost all key parts have been agreed. We intend to complete them as soon as possible to start signing the document, ” – confirmed in Kiev.

Meanwhile, Russian leader Vladimir Putin said that Russia is ready to offer state and private structures of the US joint work on rare earth metals.

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