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NJCher

(39,540 posts)
Fri Feb 21, 2025, 06:45 PM Feb 21

White House and Ukraine Close In on Deal For Mineral Rights

Source: Wall Street Journal

Agreement could help resolve tensions that flared up between Zelensky and Trump

snip

The U.S. and Ukraine are nearing a deal that would hand valuable mineral rights to the U.S., an agreement that the Trump administration has sought as compensation for military aid to fight off Russia's invasion, people familiar with the matter said.

Ukraine had refused to sign such a deal earlier this week, sparking a war of words between President Trump and Ukrainian President Volodymyr Zelensky and fears of a break in relations between Washington and Kyiv.

In an apparent nod to an impending deal, Zelensky said in a nightly video address Friday that teams of U.S. and Ukrainian negotiators were working on a draft agreement.

"This is an agreement that can strengthen our relations, and the key is to work out the details to ensure its effectiveness," he said. "I look forward to the outcome--a just result."

snip

Note: this story published at 5:36. Another one, for background, is posted below and was published at 5 p.m.
Stories are close together; obviously something is happening.

Read more: https://www.wsj.com/world/white-house-and-ukraine-close-in-on-deal-for-mineral-rights-e924c672?mod=latest_headlines



WSJ claiming this is an exclusive.
37 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
White House and Ukraine Close In on Deal For Mineral Rights (Original Post) NJCher Feb 21 OP
And Russia? Lovie777 Feb 21 #1
I will paraphrase the rest of the story NJCher Feb 21 #5
No they are not. Ukraine is not so stupid as to comply with the Orange King NotHardly Feb 22 #34
Mineral Rights bromeando Feb 21 #2
That and fair market value as well as U.S. support to help them join NATO. cstanleytech Feb 21 #4
where are you getting this? NJCher Feb 21 #6
Providing they are getting fair market value and a further agreement to repel the Russian invaders I'm ok with it. cstanleytech Feb 21 #3
A previous draft had clauses effectively giving the US control over who could make use of the resources, Emrys Feb 21 #29
Does Ukraine recoup their lands? Lovie777 Feb 21 #7
TSF"s words are meaningless. I will await bronxiteforever Feb 21 #8
AGREE! Why would anybody trust these traitors? bluestarone Feb 21 #10
The update to the story makes this very unclear bronxiteforever Feb 21 #15
Here's from a story published by WSJ an hour ago, around 5 p.m. NJCher Feb 21 #9
"The key is to work out the details." BeyondGeography Feb 21 #11
ahhh NJCher Feb 21 #12
Because ManBaby needs a win BeyondGeography Feb 21 #16
He's still a loser no matter what he gets from Ukraine Yo_Mama_Been_Loggin Feb 22 #33
That timing is weird and concerning with a Putin bronxiteforever Feb 21 #17
So contracts can be given to Trump connected people JI7 Feb 21 #20
NATO and EU support.... Lovie777 Feb 21 #13
First demands were worse than the Treaty of Versailles CNYHarris Feb 21 #14
"I told you to investigate Biden. Now you have to pay." Marcuse Feb 21 #18
update NJCher Feb 21 #19
We've given a total of $69.2B in aid to Ukraine since 2014 William Seger Feb 21 #21
This is a travesty. (n/t) OldBaldy1701E Feb 21 #22
Blackmail is still blackmail............ turbinetree Feb 21 #23
just checked for updates NJCher Feb 21 #24
I know Ukraine is sick to death of this war, Bayard Feb 21 #25
Interesting .... from the article: Diamond_Dog Feb 21 #26
Have Ukraine admitted in NATO and then sign, if they must, but not until the ink is dry Deuxcents Feb 21 #27
It would seem those rights would end if Russia were to take the country over. surfered Feb 21 #28
If Trump walks away with Ukraine's resources, all that's going to do is embolden him. Karasu Feb 21 #30
Bad Deal? FB47243 Feb 21 #31
Missed your post and just posted the full NYT article here ... cliffside Feb 22 #32
DON'T DO THIS ZELENSKY 4catsmom Feb 22 #35
I hope they know whatever agreement dump gives them mdbl Feb 22 #36
That's why they should agree to it and balk at it when it is convenient for Ukraine. Ray Bruns Feb 22 #37

NJCher

(39,540 posts)
5. I will paraphrase the rest of the story
Fri Feb 21, 2025, 06:54 PM
Feb 21

Ukraine was given the deal last week by U.S. Treasury Secretary Scott Bessent in Kyiv last week. They refused to sign at the time because they needed to study it and also wanted security guarantees. Ukrainians said they were only given a few hours to study it.

They're saying the exact terms could not be learned. Ukraine might sign it by Saturday, even though the proposal itself is not yet complete.

Trump's reaction today was: “I think they want it. They feel good about it.”

-----------

That's it for the story. I am checking a few things out about this and its relationship to the peace deal. I will post back if I find anything.

NJCher

(39,540 posts)
6. where are you getting this?
Fri Feb 21, 2025, 06:57 PM
Feb 21

Because the first paragraph says: "compensation for military aid to fight off Russia’s invasion, people familiar with the matter said."

Doesn't sound to me like there would be any compensation, just cancellation of the debt.

cstanleytech

(27,500 posts)
3. Providing they are getting fair market value and a further agreement to repel the Russian invaders I'm ok with it.
Fri Feb 21, 2025, 06:50 PM
Feb 21

Emrys

(8,501 posts)
29. A previous draft had clauses effectively giving the US control over who could make use of the resources,
Fri Feb 21, 2025, 10:47 PM
Feb 21

basically for ever. I don't know whether that would be adjusted in a later draft, but it would make it far less than a good deal whatever the quid pro quo is. And the idea that Trump would grant "fair market value" when he thinks he holds all the cards in any deal would be a novelty. Trump still insists the US has given a lot more aid than it actually has, and claimed today that the EU's aid was in the form of loans, which is, predictably, a lie.

We don't even know the scope of the resources being haggled over, let alone any monetary value. I doubt very much that Trump knows anything about strategic minerals, other than his having been told by Lindsey Graham they could be quite lucrative.

Ukraine does have not insignificant amounts of strategic minerals under its territory, not to mention the territory Russia's tried to grab in the east, where some of the heaviest lodes are believed to be for some of the minerals. But the economic feasibility of extracting them is another matter. That could have been a lever to get Trump to make some effort to get Russia out of the east, but with his hoped-for relationship with Putin, he's probably seek to do a deal with them as well.

At the moment, I could see Zelensky weighing this all up saying "fuck it" and going for a deal, but it has to guarantee the Ukrainians something meaningful in terms of future security. What's that saying about "Fool me once ..."? One problem is, if the Trumpians win that concession, what more are they going to start asking for?

Meanwhile, it makes the Trump administration look unspeakably tawdry and moneygrubbing. Trump may not care, but it may come back and bite him and them in ass one day.

bronxiteforever

(10,252 posts)
8. TSF"s words are meaningless. I will await
Fri Feb 21, 2025, 07:01 PM
Feb 21

the fine print and see what actions the US will take and will these be bargained away with Putin.. Putin is grabbing as much territory as possible in his latest offensive ( claiming the Russians took 4 more villages yesterday).

bluestarone

(19,358 posts)
10. AGREE! Why would anybody trust these traitors?
Fri Feb 21, 2025, 07:04 PM
Feb 21

This will just give Ammo to the RETHUGS in our congress to speak out against Ukraine.

bronxiteforever

(10,252 posts)
15. The update to the story makes this very unclear
Fri Feb 21, 2025, 07:18 PM
Feb 21

Which makes me more concerned that he will just sell out Ukraine.

NJCher

(39,540 posts)
9. Here's from a story published by WSJ an hour ago, around 5 p.m.
Fri Feb 21, 2025, 07:02 PM
Feb 21

snip

Ukraine also has deposits of rare earths, essential in certain high-tech industries, including defense and renewable energy. While potentially plentiful, the reserves would require massive investment to develop, even in peacetime, and many are located in areas occupied by Russia.

Zelensky on Wednesday told reporters that the deal shown to him by Bessent had been “unclear,” apart from demanding 50% of a list of Ukrainian natural resources. The Ukrainian leader said he rejected that document but was ready to discuss a deal that also included U.S. security guarantees for Ukraine.

Zelensky said he was grateful for U.S. aid to Ukraine, which he put at around $100 billion in military and financial support. But he said Trump’s demand for $500 billion worth of minerals in return was excessive.

Still, he has said he is open to working on the proposal and striking a security-and-economic agreement.

snip

https://www.wsj.com/world/trump-ukraine-mineral-deal-sign-e2ff7d3f?mod=article_inline

NJCher

(39,540 posts)
12. ahhh
Fri Feb 21, 2025, 07:10 PM
Feb 21

you may have something there.

Enormous pressure is being placed on Zelensky by the U.S. In two additional paragraphs at the 5:00 p.m. story, it was said that the U.S. pushed the paperwork at Zelensky and demanded he sign it.

So what you say makes sense and that Zelensky just needs to get the pressure off for a time.

Also, what I can't figure out is why is trump demanding a $500 billion when we have only spent $100 billion on their defense? And why is it so imperative that this be settled now? Would that be so trump can tell Putin he can transfer these assets to him, since he badly needs cash?

I don't really understand the way this mineral rights agreement has an impact on the peace talks.

BeyondGeography

(40,385 posts)
16. Because ManBaby needs a win
Fri Feb 21, 2025, 07:18 PM
Feb 21

And to satiate his greed fetish.

The deal as proposed is an embarrassment to our country. These are terms you impose on a defeated aggressor, not a friendly ally who has been invaded. It should go nowhere in the end.

Yo_Mama_Been_Loggin

(120,988 posts)
33. He's still a loser no matter what he gets from Ukraine
Sat Feb 22, 2025, 01:19 AM
Feb 22

People at home are pissed off over the whole DOGE BS.

bronxiteforever

(10,252 posts)
17. That timing is weird and concerning with a Putin
Fri Feb 21, 2025, 07:20 PM
Feb 21

I agree it looks as if Ukraine is buying time.

JI7

(91,657 posts)
20. So contracts can be given to Trump connected people
Fri Feb 21, 2025, 08:17 PM
Feb 21

which most likely means Russian and Putin aligned businesses.

CNYHarris

(54 posts)
14. First demands were worse than the Treaty of Versailles
Fri Feb 21, 2025, 07:17 PM
Feb 21

These were the first demands by Trump:

Marcuse

(8,256 posts)
18. "I told you to investigate Biden. Now you have to pay."
Fri Feb 21, 2025, 07:49 PM
Feb 21
"You were always going to betray us to Putin anyway."

NJCher

(39,540 posts)
19. update
Fri Feb 21, 2025, 08:14 PM
Feb 21

Story was updated at 6:36 with this:


snip

In an apparent nod to an impending deal, Zelensky said in a nightly video address Friday that teams of U.S. and Ukrainian negotiators were working on a draft agreement.

“This is an agreement that can strengthen our relations, and the key is to work out the details to ensure its effectiveness,” he said. “I look forward to the outcome—a just result.”

snip

William Seger

(11,508 posts)
21. We've given a total of $69.2B in aid to Ukraine since 2014
Fri Feb 21, 2025, 08:53 PM
Feb 21

... and His MAGAsty was demanding $500B repayment while "negotiating" with Russia, without Ukraine or NATO, to end Putin's invasion by giving him everything he wanted — for now? I do believe the gaslighting must be getting to me; I must be going nuts or soon will.

turbinetree

(25,974 posts)
23. Blackmail is still blackmail............
Fri Feb 21, 2025, 09:20 PM
Feb 21

and he still a 34 count traitor or fraud ...........Zelensky really should tell him to go pound sand lots of it.............

Bayard

(24,635 posts)
25. I know Ukraine is sick to death of this war,
Fri Feb 21, 2025, 10:01 PM
Feb 21

But this would plainly be giving in to extortion, and encourage Russia to keep going. Don't do it, President Zelensky! There has to be another way.

Diamond_Dog

(36,473 posts)
26. Interesting .... from the article:
Fri Feb 21, 2025, 10:15 PM
Feb 21

”Zelensky’s administration had itself floated the idea of Ukraine granting preferential access to its mineral resources last year, hoping that it would entice Trump to continue military support for Kyiv by offering the U.S. some economic benefit.”

surfered

(5,896 posts)
28. It would seem those rights would end if Russia were to take the country over.
Fri Feb 21, 2025, 10:15 PM
Feb 21

That would seem to mean Trump would defend the country against a Russian takeover.

Of course, Trump has lied once or twice before.

Europe must step up and do it now!

Karasu

(865 posts)
30. If Trump walks away with Ukraine's resources, all that's going to do is embolden him.
Fri Feb 21, 2025, 11:21 PM
Feb 21

Last edited Sat Feb 22, 2025, 02:37 AM - Edit history (1)

The stupid fucking Greenland shit will become so much worse.

FB47243

(56 posts)
31. Bad Deal?
Fri Feb 21, 2025, 11:48 PM
Feb 21

Perhaps not a bad deal. Fifty percent of the desired minerals are in occupied ukrain territory such as Crimea etc. this may not be a bad deal depends on how it’s structured. US gets mineral rights to that half and uS supplies needed military equipment to drive Putin completely out and ukrain gets territory back.

Ray Bruns

(5,098 posts)
37. That's why they should agree to it and balk at it when it is convenient for Ukraine.
Sat Feb 22, 2025, 05:37 PM
Feb 22

Take a lesson fromt the Stinky playbook

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