What a U.S.-Ukraine Rare Earth Minerals Deal Means for the Supply Chain

The United States and Ukraine are closing in on an agreement that could impact global supply chains, particularly for rare earth minerals. This deal aims to give the U.S. access to Ukraine’s large reserves of key minerals—such as lithium, titanium, and rare earth elements—in exchange for continued American support for Ukraine. If finalized, the agreement could reduce dependence on China, which currently dominates the processing of these materials.

Why This Matters for the Supply Chain

Rare earth minerals are essential for many industries, including technology, defense, and renewable energy. They are used in everything from smartphones and electric vehicles to advanced weapon systems. Right now, China controls a major share of the world’s rare e…