May 2, 2025
The US and Ukraine may wait a decade or more for profits from a minerals deal - Reuters thumbnail
Economy

The US and Ukraine may wait a decade or more for profits from a minerals deal – Reuters

The US and Ukraine may wait a decade or more for profits from a minerals deal – ReutersInvestors face obstacles to launching mines in Ukraine due to the war. Field development takes 10-20 years, and the infrastructure
is destroyed.
”, — write: unn.ua

Ukraine and the United States will begin to reap financial benefits from the mineral agreement in a decade or more, as investors face many obstacles to launching new mines in the war-torn country. This is stated in Reuters, reports UNN.

DetailsIt is noted that the development of mines for the extraction of strategically important minerals in countries with a developed mining sector, such as Canada and Australia, takes 10 to 20 years.

At the same time, there is a lack of data on most mineral deposits in Ukraine to confirm their economic feasibility

The authors also point out that investors may refuse to direct money to a country where infrastructure such as energy and transport has been destroyed by a three-year full-scale invasion by Russia, “and future security is not guaranteed.”

The Rada will ratify the agreement on mineral resources within a week – media01.05.25, 19:36 • 8772 views

The reality is that people will find it difficult to justify putting money there when there are options to invest in important minerals in countries that are not at war

In turn, Willis Thomas of CRU, a consulting company, noted that “the transition from an open resource to an economically viable reserve requires significant time and investment, which has been limited not only since the beginning of the war, but even before it.”

Let us remind youOn May 30, Ukraine signed an agreement with the United States of America on the establishment of the Reconstruction Investment Fund. This was reported by First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko.

Later, she spoke about the key provisions of the signed Agreement. She noted that Ukraine and the United States have formed a version of the agreement that provides mutually beneficial terms for both countries.

“Powerful signal to Russia”: The White House assessed the signing of the agreement between Ukraine and the United States and clarified its details01.05.25, 22:21 • 1320 views

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