France joining the U.S. in seeking access
to Ukraine's minerals; says it's in talks
[February 27, 2025]
PARIS (AP) — France is
also seeking access to Ukraine 's deposits of critical minerals, with
negotiations already underway for months, the French defense minister
said Thursday, indicating that the United States isn't the only player. |

A view of an ilmenite open pit mine in a canyon in the central region of
Kirovohrad, Ukraine, Wednesday, Feb. 12, 2025. (AP Photo/Efrem Lukatsky,
File) |
Ukrainian leader Volodymyr Zelenskyy is expected Friday at the
White House to sign a minerals deal with the United States.
President Donald Trump made the announcement Wednesday.
But France, too, is in discussions with Ukraine — aiming, like
the United States, to diversify its supplies of vital minerals,
French Defense Minister Sébastien Lecornu told broadcaster
France Info.
He didn't specify exactly which minerals France is seeking.
Ukraine has been offering to supply the U.S. with rare earth
elements that are critical for various technologies, including
lithium for batteries and uranium for nuclear power, medical
equipment and weapons.
Lecornu said: “We are speaking about this issue for our own
French needs. I have defense industries that will need access to
a certain number of raw materials in the years to come.”
He said French President Emmanuel Macron mandated him to begin
the discussions and that he has been dealing directly with his
Ukrainian counterpart as part of efforts to increase the number
of source countries for rare minerals.
“We have to diversify that. Emmanuel Macron has asked that I
also start discussions with the Ukrainians .... I have been
doing so since October,” the minister said.
He said France could possibly purchase minerals from Ukraine and
isn't seeking access to them as a way to recoup the billions of
euros (dollars) worth of military and other aid that Paris has
supplied to strengthen Ukrainian defenses against Russia's
invasion. Trump has framed the emerging deal as a chance for
Kyiv to repay aid already sent under Democratic President Joe
Biden.
“We are not looking for payback,” Lecornu said. “But our defense
sector will need a certain number of raw materials that are
absolutely crucial in our own weapons systems ... for the next
30 or 40 years.”
He indicated that the discussions are in a preliminary stage,
saying: "It's the beginning of the story."
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