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Ukraine’s 50% Mineral Deal Rejected: Here’s Why

Ukraine has turned down a U.S. proposal that would have given the U.S. ownership of about 50% of its rare earth minerals. This decision comes as President Volodymyr Zelenskyy aims to secure a more favorable agreement. The offer was made by U.S. Treasury Secretary Scott Bessent. The rejection highlights the strategic importance of Ukraine’s mineral reserves, which are crucial for various high-tech industries. The move by Ukraine underscores its intent to leverage its natural resources for better terms in international negotiations.

Source: seekingalpha.com

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