The media questioned the profitability of the deal between the United States and Ukraine on minerals
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- The media questioned the profitability of the deal between the United States and Ukraine on minerals


The minerals agreement concluded between the United States and Ukraine will not bring a profit from mining for a decade and will require large private sector investments to implement the projects. This was reported on May 13 by the Financial Times (FT) newspaper, citing experts.
"According to our estimates, it will take from 10 to 15 years," the newspaper quoted Eric Rasmussen, former head of the natural resources department at the European Bank for Reconstruction and Development.
It is specified that only one mining operation in Ukraine will take at least ten years. In addition, logistical risks will remain in the future.
"The deal does little to mitigate supply chain risks over the next decade," added Peter Bryant, head of the mining advisory group at Clareo.
Additional obstacles to the successful implementation of the agreement include the conflict in Ukraine, fragmented geological data, damaged infrastructure and corruption in the development of deposits.
On May 1, the United States and Ukraine signed a subsoil agreement. It is specified that a special investment fund will be created within the framework of it, which should direct the proceeds from the development of deposits to the restoration of Ukraine.
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