Trump launches $12 billion minerals stockpile to boost US manufacturing, counter China
Project Vault aims to create a 60-day supply of rare earths and critical minerals with $12 billion in funding to reduce U.S. reliance on China, officials said.
- President Donald Trump’s administration is expected to unveil its grandest plan yet to rebuild supply chains of critical minerals, including creation of a $12 billion U.S. strategic reserve.
- The plan builds on Project Vault, a stockpile funded with a $10 billion U.S. Export‑Import Bank loan and nearly $1.67 billion in private capital, addressing mineral shortages for jet engines and smartphones.
- The U.S. is expected to sign supply‑chain logistics deals, Secretary of State Marco Rubio met Tuesday with foreign ministers from South Korea and India, and Vice President JD Vance will keynote Wednesday at a multiregional meeting.
- The plan would use purchase agreements with partners to secure mining and processing capacity, administration officials say the effort aims to counter China’s dominance in critical-minerals supply chains.
- Project Vault’s financing mix of $10 billion Ex‑Im lending plus nearly $1.67 billion private capital signals a hybrid public‑private approach, and officials expect deals to be signed imminently.
264 Articles
264 Articles
How Trump’s “Project Vault” Turned Brazil’s Rare Earths Into A Global Bargaining Chip
Key Points Trump’s new U.S. stockpile plan signaled $10 billion in EXIM-backed financing, plus $2 billion private money. Investors immediately bid up rare-earth miners tied to Brazil, with one jumping about 12% in a day. Behind the rally sits a bigger contest: supply security versus sovereignty, speed versus safeguards. A single announcement in Washington rippled […]
Project Vault: Strategic Reserve is Next Step in U.S. Shift to Self‑Reliance in Critical Minerals
In trying to intimidate U.S. manufacturers, China may have instead accelerated a permanent re‑wiring of global minerals flows. The post Project Vault: Strategic Reserve is Next Step in U.S. Shift to Self‑Reliance in Critical Minerals first appeared on Le·gal In·sur·rec·tion.
Trump administration presses efforts to ensure supply of critical minerals outside of China - The Boston Globe
The Trump administration is expected to unveil its grandest yet plan to rebuild the supply chains of critical minerals for everything from jet engines to smartphones.
The Latest: Trump administration looks to rebuild critical mineral supply chain
President Donald Trump’s administration is expected to unveil its grandest plan yet to rebuild supply chains of critical minerals needed for everything from jet...
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