The agreement is intended to give the U.S. access to proceeds from Ukraine’s reserves of minerals and to help fund the rebuilding of Ukraine when the fighting stops.
Tag: Mines and Mining
Days After Trump Commits to Seabed Mining, Two Sides Face Off
At a congressional hearing, one executive welcomed President Trump’s “starting gun” to begin mining. Democrats and Republicans clashed over environmental and business concerns.
The Trump Administration Wants Seafloor Mining. What Does That Mean?
A recent executive order would accelerate mining in little-understood undersea ecosystems.
Trump Takes a Major Step Toward Seabed Mining in International Waters
A new executive order pits the United States against the rest of the world over the question of who can exploit mineral resources in shared waters.
Ukraine and U.S. Sign Agreement in Lead-Up to Full Minerals Deal
The signed memorandum of understanding was thin on details, and the White House did not comment. But President Trump has said he expects to sign a minerals deal with Kyiv soon.
How Brazil’s Rare Earths Mine Illustrates China’s Grip Over Minerals
A Brazilian rare earths mine backed by American investors illustrates China’s grip over the strategic minerals that underpin the modern economy.
‘I Hope Trump Won’t Deceive Us’: Ukrainians Are Wary of U.S. Minerals Deal
In a major mining region of Ukraine, President Trump’s proposal to collect profits from mineral wealth is meeting with a mix of skepticism and weary acceptance.
Rwanda Cuts Ties With Belgium Over Congo Conflict and E.U. Sanctions
Belgium, Rwanda’s former colonial ruler, pushed for the European Union to impose sanction against Rwandan officials over their role in invading eastern Congo and plundering its mineral wealth.
Greenland’s Minerals: The Harsh Reality Behind the Glittering Promise
There is excitement about the potentially lucrative resources scattered around the island, especially the rare earths. But extreme weather, fired-up environmentalists and other factors have tempered hopes of a bonanza.
Large Holes Open Up in Surrey, England; Car Teeters on the Edge
A giant hole opened up on a street in Surrey, southwest of London, forcing evacuations and leaving a car teetering on the edge. The cause was unknown.