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Oval Office Outburst Reveals Flaws in U.S.-Ukraine Rare Earth Minerals Deal (spectrum.ieee.org)
 
 

To begin with, the contentious 28 February Oval Office meeting can’t be understood without a crucial piece of context: there are no deposits of rare-earth ore in Ukraine known to be minable in an economically viable way. And that would be true even if full-scale warfare were not raging in the country’s east, where a great deal of its mineral resources are concentrated.

Ukraine is believed to have four areas with substantial deposits of rare earth ores, according to Erik Jonsson, senior geologist with the Geological Survey of Sweden. “There are four slightly bigger deposits: Yastrubetske, Novopoltavske, Azovske, and Mazurivske. All but one of them seem to be now within or near the zone that the Russians control, as far as I can tell,” says Jonsson. “And when it comes to resources in those deposits, I mean, we have numbers; yes, that’s nice. But we have no real, detailed, outline of how those numbers were arrived at.” The numbers are believed to come from Soviet surveys dating as far back as the 1960s.

“The rare-earth deposits don’t look that relevant,” Jonsson concludes. “I mean, I wouldn’t go for them.” Two of the deposits are dominated by a mineral called britholite, he notes, which is not desirable because it has not been processed for rare earths, which means that almost nothing exists in the way of process chemistry and equipment

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U.S.-Ukraine Rare Earth Minerals Deal - Confusion explained in comments (spectrum.ieee.org)
submitted 1 month ago by humanspiral to c/endlesswar
0 comments fedilink
 
 

Experts say proposed deal with U.S. makes no sense

“If you want critical minerals, Ukraine ain’t the place to look for them,” declares Jack Lifton, executive chairman of the Critical Minerals Institute. “It’s a fantasy. There’s no point to any of this. There’s some other agenda going on here. I can’t believe that anybody in Washington actually believes that it makes sense to get rare earths in Ukraine.”

The reason it is called a rare earth minerals deal is to make it look like Ukraine is giving up nothing or next to nothing. Actual content of deal includes existing pipelines, and Odessa Port, being gifted to US. Also plenty of other resource rights.

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Rare Earths Reality Check: Ukraine Doesn't Have Minable Deposits (spectrum.ieee.org)
 
 

Experts say proposed deal with U.S. makes no sense

“If you want critical minerals, Ukraine ain’t the place to look for them,” declares Jack Lifton, executive chairman of the Critical Minerals Institute. “It’s a fantasy. There’s no point to any of this. There’s some other agenda going on here. I can’t believe that anybody in Washington actually believes that it makes sense to get rare earths in Ukraine.”

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