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Trump launches $12 billion minerals stockpile
Mint Kolkata
|February 03, 2026
US President Donald Trump is set to launch a strategic critical minerals stockpile with $12 billion in seed money, a bid to insulate manufacturers from supply shocks as the US works to slash its reliance on Chinese rare earths and other metals.
The venture—dubbed Project Vault —is set to marry $1.67 billion in private capital with a $10 billion loan from the US Export-Import Bank to procure and store the minerals for automakers, tech firms and other manufacturers.
Dit verhaal komt uit de February 03, 2026-editie van Mint Kolkata.
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