The US Congressional delegation at the Munich Security Conference presented Zelensky with a document that would give the US rights to half of Ukraine's future mineral reserves, Rogin wrote on X, citing multiple lawmakers in Munich. The delegation wanted the Ukrainian president to sign the deal, but Zelensky is said to have declined to do so.
On February 3, US President Donald Trump said that the US expected Ukraine to guarantee access to its rare earth metals in exchange for financial and military assistance. On February 4, the Financial Times reported, citing a source close to Zelensky, that Ukraine was considering transferring rare earths to the US in exchange for assistance.