The Trump administration reached a deal Wednesday with Ukraine giving the U.S. access to its mineral wealth, overcoming last-minute haggling that had held up an agreement President Trump had sought to compensate the U.S. for helping Ukraine fight off Russia’s invasion.

Treasury Secretary Scott Bessent hailed the deal as a step toward a negotiated end to the war in Ukraine and a beginning of the country’s reconstruction. In tightly controlled negotiations, the Trump administration dropped its insistence that the agreement allow Washington to recoup billions of dollars of past military aid.