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Ukraine’s latest sanctions step toward handing over mineral resources to America

Kiev received a draft agreement on the use of Ukraine’s rare-earth metals from Washington

MOSCOW, February 13. /TASS/. The sanctions introduced by the Ukraine’s National Security Council against Ukrainian politicians and oligarchs are not just about politics, but have a different underlying motive, to transfer control over the country's mineral resources to American interests, the Strana news outlet said, citing a source in the Sluga Naroda (Servant of the People) ruling party.

Earlier reports said that sanctions hit ex-president Pyotr Poroshenko, politician Viktor Medvedchuk, and businessmen Igor Kolomoisky, Gennady Bogolyubov and Konstantin Zhevago. Kolomoisky and Bogolyubov own the world’s largest manganese fields in the Nikopol manganese ore basin in the Dnepropetrovsk Region, while Zhevago holds one of the largest iron ore deposits in Ukraine (Poltava mining and concentration plant), the newspaper informed.

Kiev received a draft agreement on the use of Ukraine’s rare-earth metals from Washington, Vladimir Zelensky said after a meeting with US Secretary of the Treasury Scott Bessent.