Renowned Critical Minerals Expert Jack Lifton Says There Are No Rare Earth Deposits in the Ukraine

Sama_El
Published on Mar 5, 2025
February 27, 2025 — In a recent interview with Investor.News, Jack Lifton, Co-Chair of the Critical Minerals Institute (CMI), discussed the improbability and inefficacy of developing rare earth resources in Ukraine, emphasizing the lack of viable rare earth deposits and the implausibility of making a profitable business case. Lifton stated, "Ukraine does not have any rare earth theme deposits that I'm aware of...It's just a waste to do that," highlighting the non-existence of economically recoverable rare earth elements within Ukrainian sovereign territory. He compared this to places like Inner Mongolia, where rare earths are a byproduct of substantial iron ore mining, contributing significantly to China's status as a major producer of both steel and rare earth elements.

Lifton also elaborated on the geopolitical aspects of the proposed U.S. involvement in Ukrainian mining operations, suggesting that the true intent might be to embed American economic presence as a deterrent to foreign interference, particularly from Russia. He critically noted, "What I think Trump wants to do is make the entire world into a commercial operation benefiting the United States." Lifton dismissed the practicality of investing in Ukrainian rare earth mining as a diversion from more promising opportunities in regions like Canada and Australia, which not only have significant rare earth deposits but also established markets. He underscored the abundance of critical mineral resources in North America, particularly in Canada, advocating for enhanced U.S.-Canada cooperation in developing these assets rather than focusing on geopolitically complicated and economically unviable projects like those proposed in Ukraine.

#RareEarths #Ukraine #Trump #CriticalMinerals

Add to

Please Sign In or Create Account to use this feature!

Flag Video

Please Sign In or Create Account to use this feature!

Rate video

Please Sign In or Create Account to use this feature!

Rate video

Please Sign In or Create Account to use this feature!

DISCLAIMER

The content presented in this stream and/or video may be satirical in nature for entertainment purposes. It may contain realistic scenarios that may include themes of racism, anti-semitism, anti-LGBT sentiment and even elements such as death threats, all purely in the context of parody. In addition, this content may depict or refer to acts of violence in a satirical manner. Shock factor is a common and deliberate element used in these displays to emphasise the satirical message. By continuing to view this content, you acknowledge that you understand the satirical nature of this content, including the depiction of violence and the use of shock factor, and agree that you will not use or interpret this content outside of its intended context. Please remember that humour and satire are complex; they are not intended to belittle or demean, but to engage and challenge social norms through exaggeration. If you have any concerns about content, please feel free to engage in constructive dialogue or report issues to GTV staff.