US and Ukraine Sign Landmark Resource Deal with Strategic Energy Focus

The United States and Ukraine have signed a major agreement that lays the foundation for long-term economic cooperation built around Ukraine’s vast natural resource base. At the heart of the deal is a jointly managed Reconstruction Investment Fund that will collect and reinvest profits from future development of Ukrainian-owned energy and mineral assets.

The arrangement gives the U.S. a financial stake in future revenues from oil, natural gas, critical minerals, and supporting infrastructure—such as LNG terminals and ports—while also committing the U.S. to sustained investment in Ukraine’s security and rebuilding.

A Broad Energy and Resource Strategy

The scope of the deal goes beyond clean energy. While Ukraine’s untapped reserves of lithium and rare earths are critical to technologies like batteries and electric vehicles, the agreement also includes hydrocarbons, pipeline infrastructure, and state-owned energy enterprises. The aim is to drive growth across sectors essential for both traditional and future energy systems.

This dual focus aligns with U.S. interests in diversifying energy sources, securing raw materials, and stabilizing allied economies. For Ukraine, the structure provides outside capital to help monetize resources that are currently underused due to war and underinvestment.

Shared Returns and Local Reinvestment

Under the agreement, 50% of revenue from new natural resource developments will be directed into the Fund, with profits shared between the two governments based on contributions. Those funds will be reinvested within Ukraine to support long-term prosperity, infrastructure, and energy sector expansion.

Oversight mechanisms are being developed to ensure transparency and protect against interference or misuse, while also aligning with Ukraine’s commitments to the European Union and international lenders.

Next Steps

Details on governance, ownership, and project selection will be finalized in an upcoming Fund Agreement. U.S. agencies including the Treasury will work with Ukrainian counterparts to define terms and coordinate implementation.

This marks a significant step in shifting U.S. involvement from emergency support to long-term economic alignment—centered around energy, minerals, and industrial reconstruction.