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Zelenskiy says U.S. minerals proposal needs work, Turkish media report

ReutersFeb 19, 2025 8:23 AM

- President Volodymyr Zelenskiy was quoted on Wednesday as saying a U.S. proposal for a critical minerals deal was unfair as it did not include security guarantees, and he did not want Ukraine to become a hub for raw materials.

Last week Kyiv sent Washington a revised draft of an accord that could open up its vast resources of critical minerals to U.S. investment in order to help win U.S. support, amid concerns in Kyiv over an earlier U.S. version.

"I said 'this document is not ready, we will not sign this. You continue to work on this document," Zelenskiy was quoted as telling some Turkish media after talks in Ankara on Tuesday.

"I am always open to you investing in our country, in our natural resources... But if we are to give something, we have to receive something," he was quoted as saying by state-owned Anadolu news agency.

"We don't want to become a centre of raw materials for any continent. Being a friend, partner will not be a factor here."

Zelenskiy had set out the contours of the deal in a Reuters interview this month. The minerals in question would include rare earth varieties, as well as titanium, uranium and lithium among others.

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