President Trump says Who knows if Ukraine has Rare Earth

This Bloomberg Article also says Ukraine has no significant rare earth Minerals


"What Ukraine has is scorched earth; what it doesn’t have is rare earths. Surprisingly, many people — not least, US President Donald Trump — seem convinced the country has a rich mineral endowment. It’s a folly.

It's not the first time that Washington has gotten its geology wrong in a war zone. Back in 2010, the US announced it had discovered $1 trillion of untapped mineral deposits in Afghanistan, including some crucial for electric-car batteries, like lithium. The Pentagon went as far as describing Afghanistan as “the Saudi Arabia of lithium.”

All very important stuff, the kind of geo-economic shock that redraws the global political map. But it was, as many said then, and as everyone knows now, a complete fantasy. The same applies to Ukraine’s alleged riches.

Ukraine Doesn't Have Rare Earths
Despite the talk about its huge potential, Ukraine isn't known to hold any reserves of the main rare earths elements sought after by Donald Trump"

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Lindsey Graham said there was about $11T in the ground in Ukraine.

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Lindsey Graham said there was about $11T in the ground in Ukraine.

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Which is total BS. Not surprised coming from him

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Ukraine is home to significant deposits of rare earth elements and strategic minerals. These include lithium, cobalt, scandium, graphite, tantalum, and niobium.

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You didn't read the Bloomberg Article. I will post it for you. According to that Article, Ukraine does not have significant rare earth deposits






"What Ukraine has is scorched earth; what it doesn’t have is rare earths. Surprisingly, many people — not least, US President Donald Trump — seem convinced the country has a rich mineral endowment. It’s a folly.

It's not the first time that Washington has gotten its geology wrong in a war zone. Back in 2010, the US announced it had discovered $1 trillion of untapped mineral deposits in Afghanistan, including some crucial for electric-car batteries, like lithium. The Pentagon went as far as describing Afghanistan as “the Saudi Arabia of lithium.”

All very important stuff, the kind of geo-economic shock that redraws the global political map. But it was, as many said then, and as everyone knows now, a complete fantasy. The same applies to Ukraine’s alleged riches.

Ukraine Doesn't Have Rare Earths
Despite the talk about its huge potential, Ukraine isn't known to hold any reserves of the main rare earths elements sought after by Donald Trump


Source: US Geological Survey

Note: Includes the 15 rare earth elements part of the lanthanides

If the focus in Afghanistan was largely copper and lithium, key to the electrification of everything, the spotlight in Ukraine is on rare earths, a collection of 17 elements that high school chemistry students would remember for their tongue-twisting names. The list includes the likes of praseodymium, dysprosium and promethium.

For Trump, the importance of rare-earth reserves comes from the fact that China dominates global supply. In tiny amounts, the elements are used in exotic alloys. Though often presented as essential to high-tech applications and weapons production, their uses are far more prosaic. Dyson Ltd., a popular British maker of home appliances, boasts that it uses the element neodymium in the magnets of its vacuum cleaners, for example, so they “spin up to five times faster than a Formula One engine.”

The hype about the Ukrainian rare earths began with Ukrainians themselves. Desperate to find a way to engage Trump, they miscalculated presenting the then-incoming president a “victory plan” in November that talked up — way, way up — the potential of the country’s mineral resources. Soon, they lost control of the narrative.

On Feb. 3, Trump emphatically said the Ukrainians had “very valuable rare earths.” Always keen to be perceived as a dealmaker, he added: "We're looking to do a deal with Ukraine where they're going to secure what we're giving them with their rare earths and other things." He doubled down a few days later, telling Fox News on Feb. 11 about his talks with Ukrainian officials: “I told them that I want the equivalent like $500 billion worth of rare earth.”

I was puzzled. To the best of my knowledge, Ukraine has no significant rare-earth deposits other than small scandium mines. The US Geological Survey, an authority on the matter, doesn’t list the country as holding any reserves. Neither does any other database commonly used in the mining business.

Simply put, “follow the money” doesn’t work here. At best, the value of all the world’s rare-earth production rounds to $15 billion a year — emphasis on “a year.” That’s equal to the value of just two days of global oil output. Even if Ukraine had gigantic deposits, they wouldn’t be that valuable in geo-economic terms.

Say that Ukraine was able, as if by magic, to produce 20% of the world’s rare earths. That would equal to about $3 billion annually. To reach the $500 billion mooted by Trump, the US would need to secure 150-plus years of Ukrainian output. Pure nonsense.

They tend to mistake accumulations of some rare-earth-bearing minerals as equating with a commercial mine. Many highlight the Novopoltavske deposit, discovered by the Soviets in 1970, as a potential source. While tiny amounts of rare earths are present there, digging them out seems impossible — hence why the site remains an unproductive deposit rather than a mine more than 50 years after its discovery. The Ukrainian government has described Novopoltavske as “relatively difficult” to mine and said that any rare-earth yield would be “off balance,” meaning that it’s not economical to exploit them at current prices. Worse, the mineralogy goes against it: The host source is a mineral that makes extracting the elements very hard.

The worst of the pamphlets claiming Ukraine has a rare-earths cache bears the North Atlantic Treaty Organization imprint and has been widely shared as the “Trump-is-right” proof. It was produced in December 2024 by the NATO Energy Security Centre of Excellence, based in Lithuania. Although affiliated with the military alliance, bearing its name and logo, the entity and its counterparts are autonomous bodies outside the command chain. The document is provocative: “Ukraine emerges as a key potential supplier of rare earth metals such as titanium, lithium, beryllium, manganese, gallium, uranium…” The list should ring every alarm. Anyone with a passing knowledge of chemistry knows none of those minerals are rare earths.

Why NATO’s imprint is attached to the report, which appears devoid of basic fact-checking, is beyond comprehension. A spokesperson told me the views reflected those of the author rather than NATO — something the document doesn’t say. The report, uncorrected, is still available online.

If that’s the source Trump’s advisers used to convince him of Ukraine’s rare-earth riches, it would be depressing — global politics based on copy and paste. It would suit the Kafkaesque year of 2025 well."


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If you read the Bloomberg Article it is sourced from credible sources like Source: US Geological Survey I will trust that information instead of a War Monger like Lindsey Graham talking out of his arse with the agenda to continue the War to sell my military weapons for the MIC

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How bout they all have reason to talk out their behinds? I figure Trump has a plan and isn't just taking Miss Lindsey's word for it. Every single time people yell that Trump is crazy, he's proven right.

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deal for Natural gas

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I mean we could sell it to Europe but it's worthless here.

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I mean we could sell it to Europe but it's worthless here.

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That's what I meant. A deal that we get the profits from the commodities of stuff they actually have and can sell.

Not sure why everyone is just ignoring the info in the Bloomberg article and repeating their own lines that Ukraine has all the rare earth minerals in the world.

I’ve read articles about this possibility too. It was about a month ago in the WSJ, an article that Ukraine actually has very little true rare earth minerals. According to the article, Ukraine does have a lot of critical earth minerals but not true rare earth minerals. Moreover, most of those lie in the eastern parts of the country that have been taken by Russia. The critical minerals are nice but nowhere near the value of the rare minerals.

I have no idea if this information is factual or not but I have read it in multiple mainstream media outlets.

Our President sounds sick