Governments are rushing to hoard metals as the 'resource nationalism' era arrives
A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020.Project Vault complements other initiatives such as the "Forum on Resource Geostrategic Engagement (FORGE)," a partnership to coordinate critical mineral policy pricing and projects, as well as Pax Silica, which centers on safeguarding the AI-related supply chain.In the U.S., officials recently outlined a roughly $12 billion strategic mineral reserve dubbed Project Vault. Th ...