Original article by Christopher Miller, Alec Russell, Gideon Rachman
The Australian Financial Review – Page: Online : 26-Feb-25

Ukrainian officials have advised that the war-torn nation’s government will sign a deal with the US to jointly develop its mineral and energy resources after the Trump administration agreed to abandon its most onerous conditions. The US had initially sought a right to some $US500 billion ($788 billion) in potential revenue from exploiting Ukraine’s mineral and energy resources. The final version of the agreement will establish a fund into which Ukraine will contribute 50 per cent of proceeds from the future monetisation of state-owned mineral and energy resources, as well as and associated logistics; The fund would invest in projects in Ukraine. However, the agreement does not mention the US security guarantees that Ukraine had sought in return for backing the deal.

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