US Invests in Ukraine's Minerals with Alvarez & Marsal

On November 14th, a major development unfolded in the U.S.-Ukraine critical minerals deal. The U.S. fund overseeing this agreement brought in Alvarez and Marsal, an advisory firm, to help identify and evaluate potential investment opportunities in Ukraines mineral sector. This partnership, stemming from a deal signed in April, grants the U.S. preferential access to new Ukrainian mineral projects. The DFC, tasked with overseeing a new U.S.-Ukraine Reconstruction Investment Fund, initially injected $75 million. Alvarez and Marsal will support the funds investment processes, including due diligence and financial analysis. Ukraine aims to pinpoint at least three pilot investment projects within the next eighteen months, with half of the revenues from new mineral extraction designated for the joint investment fund. Profits from this fund will be split between Kyiv and Washington, creating a direct financial return for the U.S.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.