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Trump says US 'pretty close' to minerals deal with Ukraine

Published by Global Banking & Finance Review

Posted on February 22, 2025

1 min read

· Last updated: February 27, 2026

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President Trump discussing US-Ukraine minerals deal at National Harbor - Global Banking & Finance Review
President Trump speaks at a conservative gathering in National Harbor, Maryland, revealing the US is nearing a minerals deal with Ukraine, vital for recouping military aid amid the ongoing Ukraine war.
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NATIONAL HARBOR, Maryland (Reuters) - President Donald Trump said on Saturday the United States is close an agreement with Ukraine on sharing revenue from Ukrainian minerals as part of efforts to end

Trump Indicates US Nearing Minerals Revenue Deal with Ukraine

NATIONAL HARBOR, Maryland (Reuters) - President Donald Trump said on Saturday the United States is close an agreement with Ukraine on sharing revenue from Ukrainian minerals as part of efforts to end the Ukraine war.

"I think we're pretty close to a deal," Trump told a gathering of conservatives in National Harbor, Maryland, on the outskirts of Washington.

He said the United States wanted to recoup the billions of dollars in military aid Washington has given to Ukraine in its fight to repel Russian invaders. He said the United States is asking for rare earths, oil or "anything we can get."

(Reporting By Steve Holland; Editing by Cynthia Osterman)

Key Takeaways

  • US and Ukraine nearing a minerals revenue sharing deal.
  • Deal aims to recoup US military aid given to Ukraine.
  • Trump mentions rare earths and oil as potential interests.
  • Agreement part of efforts to end the Ukraine war.
  • Trump discussed the deal at a conservative gathering.

Frequently Asked Questions

What did Trump say about the minerals deal with Ukraine?
Trump stated that the United States is 'pretty close to a deal' regarding sharing revenue from Ukrainian minerals.
Why is the US interested in a minerals deal with Ukraine?
The US aims to recoup the billions of dollars in military aid provided to Ukraine in its fight against Russian invaders.
Where did Trump make his remarks about the minerals deal?
Trump made his remarks during a gathering of conservatives in National Harbor, Maryland.

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