Ukraine and the United States are on the verge of finalizing a strategic minerals agreement, following what Ukrainian President Volodymyr Zelenskyy described as “productive and promising” talks in Washington last week.

While the deal has not yet been officially signed, officials from both governments say they are optimistic that an agreement will be reached in the coming days. The negotiations center on critical mineral resources, which are essential to advanced technologies, green energy systems, and the defense sector.

“We have achieved good results, but there are still some key terms to finalize,” Zelenskyy said in a statement, adding that the potential agreement marks a significant step forward in U.S.-Ukraine strategic cooperation.

Delegations from Kyiv and Washington met to discuss long-term collaboration on the sourcing, production, and security of critical minerals, including rare earth elements and materials vital to military applications. The talks come amid growing global competition for such resources, particularly as the U.S. and its allies seek to reduce dependence on supply chains dominated by China.

Sources close to the negotiations say the agreement may also include provisions for joint ventures, technology sharing, and investments in Ukraine’s mining sector, which has remained largely untapped due to ongoing conflict and regulatory challenges.

If finalized, the deal would mark a major milestone in deepening economic and defense ties between the two nations, with long-term implications for both energy security and industrial resilience.