• Ukraine ain't got no minable deposits?

    From Chris Ahlstrom@OFeem1987@teleworm.us to alt.fan.rush-limbaugh,alt.politics.trump,talk.politics.misc,soc.history.war.misc on Fri Mar 14 08:12:58 2025
    From Newsgroup: soc.history.war.misc

    https://spectrum.ieee.org/ukraine-rare-earth-minerals?utm_source=techalert&utm_medium=email&utm_campaign=techalert-03-13-25&utm_content=httpsspectrumieeeorgukrainerareearthminerals&mkt_tok=NzU2LUdQSC04OTkAAAGZLtAl0ZA4cK2Ji6Fjf-AumWhoTdpXVwT-k3MY6BNqiMCyvRTKa6gFb2TVIvTdfjEs6_2cmGBDPybSGb9JHGYTiqPDUx83FbFjNmWfp5NEkJRO9VY

    IEEE Spectrum

    Rare Earths Reality Check: Ukraine Doesn't Have Minable Deposits Experts
    say proposed deal with U.S. makes no sense

    When a seemingly routine Oval Office press conference degenerated into a
    shouting match on 28 February, the world looked on in astonishment. That
    is, except for actual experts in rare earths and other critical materials,
    who understood all along that the proposed rCLdealrCY that motivated the press
    conference was nonsensical and could only be viewed as political theater.

    The meeting was supposed to announce an agreement under which Ukraine would
    provide U.S. companies with access to critical minerals deposits in
    exchange for the tens of billions of dollars in military aid already
    provided by the U.S. government. According to the Center for Strategic and
    International Studies, the agreement would have established rCLa
    reconstruction investment fund with joint U.S. and Ukraine ownership.
    Ukraine will contribute 50 percent of all revenues earned from the future
    monetization of all Ukrainian government-owned natural resource assets into
    the fund.rCY Ukraine has substantial reserves or deposits of lithium,
    graphite, manganese, titanium, gallium, and nickel. However, in describing
    the proposed deal, president Donald J. Trump and other principals quickly
    zeroed in on the rare earths, for which the US has for years been spending
    billions of dollars in an attempt to secure stable supplies.

    . . .

    To begin with, the contentious 28 February Oval Office meeting canrCOt 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 countryrCOs east, where a great deal of its mineral resources are
    concentrated.
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