Trump Launches $12B Strategic Reserve for Critical Minerals
TL;DR Summary
President Trump is initiating a $12 billion strategic stockpile of critical and rare earth minerals, funded by a $10 billion loan from the U.S. Export-Import Bank plus private capital, to reduce U.S. dependence on Chinese supplies and bolster manufacturing, defense, and tech supply chains, with minerals including cobalt, graphite, silicon, copper, nickel, titanium and lithium.
Topics:business#china-leverage#export-import-bank#politics#rare-earth-minerals#strategic-stockpile#trump
- Trump launching $12 billion stockpile of rare earth minerals CBS News
- Trump to Launch $12 Billion Critical Mineral Stockpile to Blunt Reliance on China Bloomberg.com
- Rare earth miners jump as Trump is eyeing mineral stockpile to reduce China dependence CNBC
- Trump Reportedly Considers $12 Billion Critical Mineral Stockpile—Rare Earth Stocks Jump Forbes
- Trump is channeling Ford in his plan for a U.S. strategic rare earths reserve Fortune
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