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Trump to host mining CEOs as administration seeks minerals for defense supply chains

Trump plans more than $180 million in grants and new deals to expand U.S. mining, workforce training and critical minerals supply chains.

  • President Donald Trump will convene executives from major mining companies at the State Department on Friday to secure supplies of critical minerals, a cornerstone of his administration's national security and industrial policy.
  • Replenishing weapons stockpiles depleted during the five-month Iran conflict requires critical minerals including tungsten, essential for manufacturing precision-guided missiles and advanced weapons systems.
  • The Department of Energy will host representatives from all 14 accredited mining schools on Friday to address a shortage of engineers and geologists, promoting mining careers to students.
  • Since returning to office, Trump has launched a $12 billion strategic minerals stockpile and backed equity investments in domestic mines to counter Beijing's dominance in mineral processing.
  • Executives from Rio Tinto Group, BHP Group, and Freeport-McMoRan Inc are expected to attend, providing The White House a platform to showcase industry support for its economic priorities.
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The President of the United States, Donald Trump, said, on Friday (7), that he will invest $3 billion in critical mineral and battery projects, as part of an effort to increase domestic production and boost national security and industrial policy. We are recovering America's place of law as the world's mineral superpower," Trump told over 200 mining executives, educators, investors and political colleagues, at a round table in the U.S. State Dep…

·Rio de Janeiro, Brazil
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(Washington = Yonhap News) Correspondent Hong Jeong-gyu = The U.S. Donald Trump administration [plans] a $3 billion (approximately 4.2 trillion won) 'mining project' centered on the extraction of critical minerals...

·Seoul, Korea (the Republic of)
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Lean Right

US President Donald Trump, during a meeting with the leading executives of the sector, presented US investments of 3 billion dollars in the extraction of critical minerals, with the aim of...

·Milan, Italy
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Australian Financial Review broke the news in Sydney, Australia on Thursday, August 6, 2026.
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