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Why are Ukraine's rare earth metals important in the global geopolitical landscape?

Ukraine's rare earth metals are intensifying global competition as these resources are vital for reshaping the mineral supply chain and national security. The US views Ukraine's mineral deposits as a potential game changer to reduce China's market stranglehold, making them strategically significant for global powers. Despite the complexity of extraction and the ongoing war creating uncertainty and logistical challenges, the potential of Ukraine's rare earth metals could fundamentally alter the global balance of mineral supply. The process requires years of development for mines and supply chains, yet the strategic value of these resources continues to drive interest despite persistent hurdles.

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03:03

From

The Global Race for Ukraine's Rare Earth Metals

WION·7 months ago

Answered in this video

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00:21

Why are Ukraine's critical minerals considered valuable in the global market?

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00:58

What essential minerals does Ukraine have that are crucial for industries like defense and electronics?

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00:17

Why did Ukrainian President Volodymyr Zelensky reject the proposed US deal regarding access to Ukraine's mineral resources?

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00:19

Why did President Zelensky refuse to allow ministers to sign the agreement regarding Ukraine's mineral resources?

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