Graphite for EV batteries. Neon gas for semiconductors. Titanium for fighter jets. You name it and Ukraine has it. That's why this week, the U.S. signed a major deal giving American companies access to Ukraine’s natural resources
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00:00Graphite for EV batteries, neon gas for semiconductors, titanium for fighter jets, you name it, Ukraine
00:08has it.
00:09That's why this week the U.S. signed a major deal giving American companies access to Ukraine's
00:15natural resources.
00:17And with China restricting exports on rare earth metals, which the U.S. depends on, this
00:23deal is even more important than ever.
00:26Treasury officials say it's part of a plan for lasting peace and prosperity, but it's
00:32also about keeping supply chains going, defense, and beating China in the race for tech dominance.
00:38The two countries were close to signing the minerals deal months ago, but a rocky meeting
00:44between Trump and Zelensky pushed it back.
00:47What's in it for Ukraine?
00:49The deal provides a lifeline for the economy as the country struggles with war, three years
00:54after Russia's invasion.
00:56The U.S. has framed the deal as an essential one if Ukraine is to continue receiving its
01:00military assistance.