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Trump's critical minerals plan spotlights what could be a 'major inflationary problem'

Summary by Business Insider
Trump announced the creation of a critical mineral stock pile called Project Vault.Alex Wong/Getty ImagesTrump announced a new strategic critical minerals reserve for US industries.Project Vault is meant to help US manufacturing and reduce dependence on China.Experts have raised concerns about volatility risks and inflationary pressures.Commodities had a wild ride last year, and it's continued so far in 2026. Trump's new Project Vault could be a…

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President Donald Trump is taking a significant page from World War II's Manhattan Project, when the United States rushed to secure the supply of uranium needed to create the war-winning atomic bomb. When strategic quantities of the element were discovered in Africa, deep in the mines of the Belgian Congo, Washington created a front entity called the Combined Development Trust to purchase all the supplies and thus deny Nazi Germany access to the …

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Business Insider broke the news in United States on Sunday, February 22, 2026.
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