Ukraine's Arms-for-Minerals Proposal: Between Hope and Doubt

Reported 5 days ago

Ukraine is contemplating a deal with the U.S. to trade critical minerals, particularly ilmenite, for ongoing military support. While the underdeveloped mineral sector holds potential, there are significant concerns regarding investment viability, security guarantees, and local sentiment. Despite the potential to strengthen ties with the U.S. and reduce dependence on Russian and Chinese resources, skepticism remains among local businessmen regarding the feasibility and profitability of such a deal amidst existing bureaucratic hurdles and the war's impact.

Source: YAHOO

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