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Exclusive: US fund to make 'big' investment in Ukraine's critical minerals this fall, economy minister says

A fund set up by Kyiv and Washington will make its second investment in the fall, this time backing a critical minerals project, Ukraine's economy minister said. "In the fall we will announce a big investment into critical minerals," Economy Minister Oleksii Sobolev told the Kyiv Independent in an in-depth interview, in which he spoke at length about how Ukraine is a market economy at the cutting edge of learning to live in a more uncertain world.  Sometimes referred to as the "minerals deal,"

Economy Minister Oleksiy Sobolev in Kyiv, Ukraine, on July 3, 2026.

About Electronic warfare

Electronic warfare involves using electromagnetic spectrum technologies to disrupt communications, navigation, and weapons systems, including drones. Ukrainian forces have developed counter-electronic warfare tactics and acquired Western systems to protect precision weapons and maintain battlefield communications, while Russia also deploys extensive electronic warfare capabilities, such as GPS jamming, communications disruption, and drone countermeasures.

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