00:00Alongside the diplomatic effort to end the Ukraine war, the Trump administration quietly
00:05secured something with long-term significance for American industry. A critical minerals deal
00:10with Ukraine was finalized at the end of April, giving the U.S. preferential access to Ukraine's
00:16substantial reserves of rare earth elements, titanium, lithium, and other strategic materials.
00:23Here's why that matters to American consumers and industry. These are the same materials that
00:28go into fighter jets, electric vehicles, smartphones, and semiconductors. And the U.S. currently
00:34depends heavily on China for most of them. Diversifying that supply chain is a national
00:39security priority that predates this administration. For Ukraine, the deal is a signal of continued
00:46American economic and political interest in the country's survival. Even as a formal security
00:52guarantee has not been written, the minerals deal may be one of the quieter but more durable outcomes
00:58of the entire U.S.-Ukraine diplomatic effort this year.
01:01But I think we do agree to have a ton of internal work with a stronger conflict in the future.
01:01Okay.
01:01Okay.
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