CNN: Inside a struggling Ukraine mine, Trump’s mineral deal dreams meet war-torn reality … or the Risks of Doing Business in Ukraine

It’s not all gold that shines.
CNN exposes the titanium mine which should be considered under the US-Ukraine minerals deal to be signed today.
But this titanium mine belongs to UMCC, the World largest titanium holding recently sold to some Dutch off-shore companies, belonging ultimately to a Azeri businessman. Therefore, this mega-mine can hardly be included in the new deal between the US and Ukraine. It’s simply not for sale.
Besides this practical or legal problem, the state of the mine is terrible, as CNN reports. Old machines, reduced personnel because of the military draft, no electricity. As well, the war is close and the Russians approaching.
CNN confirms: “Some current and former US officials have cast doubt on President Donald Trump’s claim that the potential deal he is on the verge of signing with Ukrainian counterpart Volodymyr Zelensky would offer the US easy access to a plethora of rare earth minerals.”
That’s like when you are doing business in Ukraine. The product sold can be half or inexistant, the sellers using other methods in business. A contract in Ukraine is mostly just a “framework agreement” and essentials will be cleared over time, also with some force. Ownership is never guaranteed.
It becomes more clear that the rare earths and minerals offered under a US-Ukraine deal may not be of much value, as the real value assets have been sold or are in Russian hands, the rest difficult to exploit and in a terrible state. The question remains: why since 70+ years Ukraine or the Soviets did not digg much in Ukraine for rare earths and minerals? Yes, simply it’s not a good business.