Reuters named the timing of Ukraine's receipt of profits from the resource deal with the United States
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- Reuters named the timing of Ukraine's receipt of profits from the resource deal with the United States


It may take decades for Ukraine to financially benefit from the rare earth metals agreement concluded with the United States. This was reported on May 1 by Reuters with reference to mining industry consultants.
"The financial return on the new mineral supply agreement between Ukraine and the United States is likely to take a decade or even more, as investors face many obstacles when launching new mines in the conflict—ravaged country," the agency reports.
According to experts, the development of mining mines can take from 10 to 20 years.
On May 1, US Treasury Secretary Scott Bessant announced that Washington and Kiev had signed an agreement on Ukraine's natural resources. In addition, the countries have concluded a deal on the creation of an investment fund for the reconstruction of Ukraine, he added.
On April 17, Vice President of Ukraine, Minister of Economy Yulia Sviridenko announced that Kiev and Washington had signed a memorandum on an agreement on minerals. The next day, Deputy Zheleznyak published the text of the memorandum on his Telegram channel, noting that there was no mention of security guarantees in the document.
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