KYIV, Ukraine >> Ukraine has agreed to turn over the revenue from some of its mineral resources to the United States, an American and a Ukrainian official said Tuesday, in a deal that follows an intense pressure campaign from President Donald Trump that included insults and threats.

The final terms of the deal were unknown, and it was not clear what, if anything, Ukraine would receive in the end after days of difficult, sometimes tense negotiations. President Volodymyr Zelenskyy of Ukraine had repeatedly pressed for security guarantees in exchange for mineral rights, as the war has entered its fourth year.

Previous draft agreements reviewed by The New York Times included no such security commitment. Trump had insisted he wanted “payback” for past military aid to Kyiv, shifting America’s alliance with Ukraine to a nakedly mercantile footing.

A final translated draft of the agreement was sent to Ukraine on Tuesday, according to the U.S. official. Treasury Secretary Scott Bessent and his Ukrainian counterpart, the U.S. official said, are expected to sign the agreement first and then Zelenskyy is expected to go to Washington for a signing with Trump. The U.S. and Ukrainian officials insisted in speaking anonymously in order to describe private negotiations.

On Tuesday afternoon, Trump, speaking from the Oval Office in Washington, said of Zelenskyy: “I hear that he’s coming on Friday. Certainly, it’s OK with me if he’d like to. And he would like to sign it together with me. And I understand that’s a big deal, very big deal.”

Some details

Zelenskyy has been pressing for days to finalize any agreement with Trump in person. But the Ukrainian leader had rejected at least one other draft of an agreement because it lacked specific U.S. security guarantees and because Trump was requesting mineral rights worth $500 billion, along with other provisions.

The Ukrainians became more comfortable with the deal in the past few days after the Americans removed some of the more onerous conditions.

While the final terms of the deal are not clear, a draft agreement discussed Tuesday no longer included the demand that Ukraine contribute $500 billion to a fund owned by the United States. It also did not include a request that Ukraine pay back the United States twice the amount on any future U.S. aid — a demand that Zelenskyy had compared to imposing a long-term debt on Ukraine.

Instead, the draft agreement said Ukraine would contribute to a fund comprising half of its revenues from the future monetization of natural resources, including critical minerals, oil and gas. The United States would own the maximum financial interest in the fund allowed under U.S. law, though not necessarily all. And the fund would be designed to reinvest some revenues into Ukraine.

The United States would also commit to supporting Ukraine’s future economic development.

Russia factor

The discussions about mineral rights have occurred as Russia has seized the advantage on the battlefield. Trump has also aligned himself with President Vladimir Putin while excoriating Zelenskyy.

And Russia is ready to cooperate with Washington on developing rare-earth as well, the Kremlin said.

“The Americans need rare-earth metals; we have a lot of them,” President Vladimir Putin’s spokesman, Dmitry Peskov, said to reporters on Tuesday, according to the Interfax news service. “This opens up rather broad prospects for cooperation.”

Trump on multiple occasions has said the U.S. is particularly interested in Ukraine’s rare earths, even though the nation doesn’t have major reserves that are internationally recognized as economically viable.

“We certainly have many more — and I want to emphasize this — way more resources of this kind than Ukraine,” Putin said in an interview to state media posted online late Monday. “Russia is one of the undisputed leaders in reserves of these rare and rare-earth metals,” he said, adding that any deal could include minerals from occupied areas of Ukraine.

Rare earth elements are a set of 17 elements that are essential to many kinds of consumer technology, including cellphones, hard drives and electric and hybrid vehicles.

This report contains information from Bloomberg and the Associated Press.