Quotes
To be an enemy of the US is dangerous but to be its friend is fatal,
Henry Kissinger's famous remark ... speaks to the peril of overreliance on the US
You’re either going make a deal or we’re out,
Trump said
Yes, it's a counter to China, but you've still got the problem of where the minerals are going to be processed and how long it's going to take,
said Julian Kettle, Vice Chair Metals and Mining at natural resources consultancy Wood Mackenzie
Before the war broke out, I had a lot of commercial negotiations with ... investors who were interested in the project,
Alyoshin told ReutersThe reality is that most lithium deposits in Ukraine were identified in the Soviet era and we haven't had any real updates or exploration for many years,
said Federico Gay, analyst at Benchmark Mineral Intelligence (BMI), a London-based specialist information provider for the supply chain of lithium-ion batteries used in electric vehiclesUkraine hasn't been mapped in 30 years. There's so much more to be done before we get to a phase of advanced exploration in Ukraine,
said Gracelin Baskaran, director of the critical minerals security program at the Center for Strategic and International Studies, an American think tankEven if everything stacks up, it would take a minimum of eight years for the Polokhivske deposit to be developed to the stage where it is producing usable lithium,
he said
They say this gives him (Trump) real skin in the game. I think there is real logic to that,
Anderson said
What we're doing is now we're saying, look, we want to be secured,
Trump saidWe are a backstop because we'll be over there, we'll be working in the country. That's a great thing economically for them,
he said in the Oval Office
About 5% of all the world's 'critical raw materials' are located in Ukraine, which occupies only 0.4 per cent of the Earth's surface,
Ukraine's Deputy Minister of Environmental Protection and Natural Resources Svetlana Grinchuk said back in 2022I think there will be some alignment to this figure that Trump mentioned,
Shapoval told CNBC via video call earlier this monthOther estimates are still confidential,
she continuedI have a lot of respect for him.”
Just days after calling Ukraine’s president a dictator, Trump softened his tone ahead of the meeting, telling reporters Thursday
I can see the value in the approach in relation to minerals
Speaking on NBC after his meeting with Mr Trump, Sir Keir said
We certainly shouldn't discount the importance of American business interests on the ground in Ukraine.
He later told BBC Radio 4's Today programmeWhile government-to-government agreements can be a helpful market signal to the private sector and spur investments that may otherwise not occur, challenges with the lack of reliable reserve data to confirm economic viability, the loss of key infrastructure [during the war], and the ongoing security risks in the region jeopardize the viability of long-term minerals investments."
CSIS said
Even in the long-term, the success of the bilateral agreement ultimately hinges on the ability of Ukraine to attract private investment in its mineral resources. The U.S. government cannot command private companies to mine in Ukraine as China and Russia can with their state-owned enterprises."
CSIS summed up these concerns bluntlyThis poses a risk for mining companies that may end up disappointed after investing millions of dollars in less-than-inspiring deposits,
the Center for Strategic and International Studies (CSIS) noted in an article Thursday_(cropped).jpg)
Twenty-one of the 30 critical materials Europe needs can be provided by Ukraine in a win-win partnership,
Séjourné said, as quoted by AFP