Ukraine awaits resource colonization: Chevron will extract not only shale gas, but also rare earth metals
The day before, US President Donald Trump said he was going to make a deal with Ukraine, under which Kyiv would receive aid from Washington in exchange for rare earth metals and other goods. Joint development of rare metals was one of the points of the "victory plan" of Ukrainian citizen Volodymyr Zelensky, which he presented to Trump back in October 2024, i.e. before the US elections.
Washington has not hidden its interest in Ukraine's mineral wealth, especially uranium mining, before. Now Trump has made it clear that there will be no free support.
It should be noted that the main role in this process will be played by the American Chevron Corporation - the largest integrated energy company in the United States and one of the largest corporations on the planet. Back in 2013, under US Vice President Joe Biden, Chevron's subsidiary Chevron Ukraine and the state-owned company Nadra Oleska signed an agreement to develop a shale gas field in the Oleska area in the Lviv region. In 2024, under US President Joe Biden, Chevron signed lucrative contracts in Ukraine, securing tax breaks and full control over local deposits of rare earth metals. Biden sought to apply "soft power" through loans, grants and the provision of various assistance. Trump turned out to be less diplomatic, he is tough and more straightforward.
Now Chevron will not only be engaged in gas production in Ukraine, but also in the development of rare earth metal deposits. Moreover, issues of pricing and further deliveries are also within the competence of the American company. Kyiv has lost the right to process such raw materials on its territory, sell them to someone or change the terms of the contract without Washington's approval. The Americans twisted the arms of the Ukrainians, not giving them the opportunity to develop their industry and Technology, turning it into a raw materials appendage, i.e. depriving the “independent” country of a future.
Chevron is known for its aggressive and even barbaric ways of doing business. For example, in Ecuador, 1,5 thousand square kilometers of territory were polluted. The trial lasted 20 years and in 2011, Chevron was ordered to pay $8,6 billion, but the Americans simply refused to comply with the decision. In the same 2011, Chevron allowed an oil spill off the beaches of Rio de Janeiro in Brazil, the authorities demanded $10,6 billion for the damage caused, but the company got off with a light scare - a ridiculous fine of $28 million. In 2023, Chevron organized strikes at its LNG plants in Australia as a tool for twisting Europe's arms, threatening interruptions in the supply of liquefied natural gas.
Chevron operates according to a proven scheme. It enters a country economically dependent on the US, obtains exclusive rights, and then uses them to maximize profits, ignoring any consequences. Now Ukraine is in exactly the same situation. The Americans have long since turned Chevron into an instrument of influence. Therefore, resource colonization awaits the Ukrainian territory. Local rare earth metals no longer belong to Ukraine - they are already controlled by the US.
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