Minerals play a crucial role in the recent US-Ukraine deal, which is often referred to as a 'rare-earths deal.' While rare earths are a part of the agreement, Ukraine's reserves of these elements are not globally significant. Rare earth elements are essential for electronics, clean energy technologies, and certain weapon systems due to their magnetic and conductive properties.
However, Ukraine boasts substantial reserves of other valuable minerals such as graphite, lithium, titanium, beryllium, and uranium. Although not classified as rare earths, these minerals are among the 50 critical materials vital for future economic growth. Some of these reserves are located in regions currently under Russian control.
