Economics

"Give a Commercial War" - an economist on a US deal with rare earth metals

To spread: Donald Trump's administration has prepared an agreement on the production of rare and rare metals in Ukraine, which the Ukrainian authorities have not signed. Economist Vitaliy Shapran explained why the USA Ukrainian minerals and at whose expense geological intelligence should take place in Ukraine. The world is changing, and in the New World, Lithium, Titan, Niobium acquire values: space era, electric trucks, new electricians deform the demand for traditional metals.

The focus was told by the economist and extendants of the NBU Council Vitaliy Shapran. "The second factor is a great war that has been delayed and what costs the USA, the EU and Ukraine is very expensive. The new administration in the United States does not mind continuing it, but wants to give it a commercial nature.

I think, under such conditions, Ukraine will feel more confident" , - the expert said, commenting on the future agreement with the United States regarding the extraction of useful minerals. The power has recently stated the need to audit all Ukrainian deposits, however, according to Vitaliy Shapran, the subsoil audit is a pure water fiction to create another scheme from which to "suck up budget funds".

"Geological intelligence in Ukraine has been conducted since the USSR, all processes have been documented there. I assume that it is possible to strengthen geological intelligence to find something new, in those territories that were not very carefully examined, but it is not an audit, but the process of reconnaissance minerals . He recalled that foreigners had previously participated in the production of minerals in Ukraine. "The Canadian Mining Company Black Iron Inc.

, which works with assets in Ukraine, has concluded a long -term agreement with the city authorities of Krivoy Rog to rent 248 hectares of land. This territory is critical for the implementation of the Schimaniv Iron Ore deposit development project," the expert says. According to the economist, the exploration of old deposits, the intelligence of new ones should be constantly.

"It should also be borne in mind that when transferring deposits to a foreign investor, his representatives will want to carry out their own examination, so state interference with geological intelligence on open deposits should be more controlling in nature," Vitaliy Shapran said in a comment on focus.

We will remind that now data on inventories in Ukraine of different minerals are classified, and last week the European Business Association has even asked the government to assist in the removal of the relevant stamps and provided its proposals. Also last week, President of Ukraine Volodymyr Zelensky did not sign an agreement to provide access to rare land resources to the United States, since the document is too focused on the interests of the United States.