Ukraine’s fate could lie within its soil. The country’s leader discussed a ‘mineral deal’ with the U.S. treasury secretary on Wednesday. The bottom line - Ukraine could provide crucial minerals in exchange for security guarantees.
#ukraine #russia #usa #trump
#ukraine #russia #usa #trump
Category
🗞
NewsTranscript
00:00What do electric cars have to do with the conflict in Ukraine?
00:05Well, the country's president is using minerals to bargain with the United States.
00:10And some of those minerals are crucial in the production of electric vehicles.
00:15President Volodymyr Zelensky says Ukraine could supply the U.S. with so-called critical and rare-earth minerals.
00:23That's if the White House continues to help it in the war with Russia.
00:28The Americans help the most, and therefore the Americans should earn the most.
00:32And in rebuilding Ukraine, they should have this priority, and they will.
00:37I would also like to talk about this with President Trump.
00:40The fact is Ukraine has minerals that could shape our future.
00:44Take lithium, for example.
00:47Government officials say it has 500,000 tons, making it one of the biggest reserves in Europe.
00:54Now, most electric vehicles, or EVs, run on lithium batteries.
00:59Experts say demand will rocket if countries fully embrace green technology.
01:05The International Energy Agency has released its forecasts for 2040.
01:09The key takeaway? Demand could be 4,000 percent higher than it was in 2020.
01:16And then there's graphite.
01:18It takes on average around 66 kilograms of graphite to make an EV.
01:24Ukraine now has 20 percent of the world's graphite.
01:28And again, demand is set to surge over the next two decades.
01:32Some estimates suggest it'll be 25 times higher.
01:36Zelensky says he won't simply hand over rare-earth minerals to the U.S.
01:41Instead, he wants a partnership.
01:44Meanwhile, President Donald Trump says he's ready to talk.
01:57There's little detail on what that partnership would look like.
02:01We may get some clues this week when Zelensky attends a security summit in Germany.
02:06But one thing is clear. Ukraine has played its card.
02:14The question now, is it the Trump card?