Minerals Investment Fund to Bring $350 Billion Profits to Both Ukraine and the United States

Quick overview

• Expected profit: Both partners aim to earn $350 billion from joint investments in critical minerals.

• Fund structure: A Reconstruction Investment Fund splits governance and returns 50-50 between Kyiv and Washington.

• Ukrainian contribution: Half of the future rent from new mining licenses will flow into the Fund—only after commercial extraction begins.

• U.S. contribution: Cash injections or military aid can count as privileged capital, speeding up battlefield assistance.

• Launch window: Government officials expect the Fund to be fully operational within weeks following parliamentary ratification.

How the Fund works

1. Equal management

   • Board seats and voting rights are divided 50-50; all key decisions require consensus.

2. Revenue streams

   • Ukraine: 50 % of rent payments arising from new extraction licenses (e.g., beryllium, lithium, titanium).

   • United States: Direct financial investments or the dollar value of fresh military support.

3. Profit distribution

   • Earnings are split equally after the U.S. is reimbursed for any military-aid contributions counted as capital.

4. No sovereign debt

   • The mechanism involves equity investment only; Ukraine incurs no loan obligations.

Financial projections

Why this matters for Ukraine

• Massive FDI inflow: Large-scale capital will modernise mining, processing and logistics.

• Job creation: New extraction and downstream plants mean thousands of high-skill positions.

• Military synergy: The Fund’s design incentivises Washington to keep arms flowing, strengthening front-line resilience.

• Economic security: Retention of full state ownership over subsoil rights and infrastructure safeguards sovereignty.

• EU alignment: The deal does not conflict with Ukraine’s European-integration roadmap.

Next steps

1. Fund registration and board appointments (expected by early summer 2025).

2. Pipeline of priority projects prepared by the Ministry of Economy for investor review.

3. First capital calls once initial mining licenses are auctioned and U.S. contributions are formalised.

4. First Ukrainian-made critical-material exports projected for 2027-2028.