---
title: "Joint US-Ukraine Fund Concludes First Mineral Resources Agreement"
description: "The US-Ukraine Recovery Investment Fund has signed its first critical minerals extraction deal, targeting rare earths, uranium, and energy infrastructure."
date: 2026-10-02T20:04:00.000Z
lang: en
url: https://xab.info/en/posts/joint-us-ukraine-fund-concludes-first-mineral-resources-agreement
tags: [ukraine, usa, economy, mining, energy]
publisher: "XAB.info"
---

# Joint US-Ukraine Fund Concludes First Mineral Resources Agreement

![Critical minerals and rare earth mining under the US-Ukraine agreement](https://xab.info/media/2026/10/02/sovmestniy-fond-ukraini-i-ssha-zaklyuchil-pervoe-soglashenie-o-poleznih-iskopaemih/sovmestniy-fond-ukraini-i-ssha-zaklyuchil-pervoe-soglashenie-o-poleznih-iskopaemih-1.webp)

## 🎯 Key Points

- The US-Ukraine Recovery Fund has signed its first mineral extraction deal.
- Focus areas include rare earths, uranium, beryllium, and zirconium.
- Additional investments support DTEK energy infrastructure and grid resilience.

The joint US-Ukraine Recovery Investment Fund has officially concluded its first strategic agreement aimed at extracting critical minerals. According to Reuters and a statement by Conor Coleman, head of investments at the US International Development Finance Corporation (DFC), the fund will initially focus on early-stage extraction projects.

### Strategic Priorities and Mineral Resources

The temporary and strategic targets include deposits of rare earth elements, uranium, beryllium, and zirconium. Coleman emphasized that all these resources are on the US list of critical minerals, fully aligning with the administration's priorities. The investments are also intended to demonstrate Washington's ongoing support for Kyiv in the protracted war against Russia.

### Energy Security and Infrastructure Projects

Two additional new projects are aimed at strengthening Ukrainian electricity and heating grids following intensified attacks on key infrastructure. These initiatives complement nearly $100 million in financing that DFC agreed to provide to the energy company DTEK for a new battery energy storage system and cogeneration platforms.

### Contradictory Data

Certain discussions have emerged regarding the interpretation of the terms and scope of the agreements. While official Ukrainian and Western statements emphasize equal partnership and Ukraine's retention of ownership over its subsoil resources, political remarks from the American side, including comments by Donald Trump, have sometimes highlighted broad preferences and rights of access to strategic resources, creating varying interpretations among experts.

## 🔍 Fact-Check Verification

- [Совместный фонд Украины и США заключил первое соглашение о полезных ископаемых](https://www.rbc.ua/ukr/news/spilniy-fond-ukrayini-ta-ssha-uklav-pershu-1790970914.html) - Основной источник информации об инвестиционном фонде и сделке DFC.
- [США и Украина заключили первую сделку фонда по добыче полезных ископаемых](https://life.ru/p/ssha-i-ukraina-zaklyuchili-pervuyu-sdelku-fonda-po-dobyche-poleznyh-iskopaemyh) - Подтверждение деталей соглашения по минералам.
- [Соглашение о полезных ископаемых: стартовал общий инвестиционный фонд Украины и США](https://delo.ua/ru/news/soglasenie-o-poleznyx-iskopaemyx-startoval-obshhii-investicionnyi-fond-ukrainy-i-ssa-446812/) - Контекст создания фонда в апреле прошлого года.
- [Украина и США официально запустили совместный Фонд восстановления](https://www.rbc.ru/rbcfreenews/683088149a79472fb263cc71) - Дополнительные данные по запуску фонда.

## ❓ FAQ

### Q: What is the purpose of the joint US-Ukraine fund?
**A:** The fund was established to invest in critical mineral extraction, energy, defense, and infrastructure.

### Q: Who retains ownership of Ukraine's natural resources under the agreement?
**A:** Ownership of Ukraine's subsoil and natural resources remains strictly with Ukraine under equal partnership principles.