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Oversight and innovation are critical, not stock ownership
The U.S. government is investing taxpayer funds in mining companies to secure critical minerals for energy and defense, facing risks amid a volatile market, officials said.
Summary by Hawaii Tribune-Herald
2 Articles
2 Articles
Commentary: Oversight and innovation are critical, not stock ownership
Treasury Secretary Scott Bessent recently announced plans to expand the national stockpile of minerals such as lithium and rare earths needed in the production of renewable energy technologies and military weapons. This is nothing new; the U.S. government has stockpiled minerals for decades. What is new is that the government is buying stakes in the companies that will supply the minerals. Mining is a “boom and bust” business that operates on ti…
·Orlando, United States
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Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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