The United States and Ukraine have reportedly agreed on the terms of a proposed minerals deal that could strengthen ties between the two nations.

According to a Ukrainian official cited by CNN, the two countries reached the agreement after “everything unacceptable was taken out of the text and it is now more clearly spelt out how this agreement will contribute to Ukraine’s security and peace.”

The deal, which is expected to be finalized later this week, comes as Ukrainian President Volodymyr Zelensky prepares to travel to Washington to meet with President Donald Trump.

Trump did not confirm that the U.S. agreed to the deal but he confirmed that Zelensky is expected at the White House on Friday, where both leaders could sign what he described as a “very big deal.” 

While the details of the agreement remain undisclosed, the arrangement reportedly includes U.S. access to Ukraine’s reserves of rare earth minerals, which are essential for advanced technologies such as semiconductors, defense systems, and renewable energy production. 

A previous U.S. proposal, which demanded a $500 billion share of Ukraine’s mineral profits, was rejected by Zelensky on the grounds that it lacked American obligations to Ukraine’s security. 

The potential minerals deal between the U.S. and Ukraine comes amid broader questions about U.S. support for Ukraine. Since he assumed office, Trump has repeatedly emphasized the need for the U.S. to secure economic benefits in exchange for its aid to Ukraine. 

The U.S. has allocated approximately $174 billion in aid to Ukraine since Russia’s invasion in 2022, though Trump has suggested a much higher figure, claiming that American support has totaled $350 billion.