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Trump Set To Launch $12 Billion Critical Mineral Stockpile To Counter China Dependence: Report - Apple (NASDAQ:AAPL), American Resources (NASDAQ:AREC)
Benzinga· 2026-02-02 13:39
Core Insights - Project Vault is a strategic initiative by the U.S. government to establish a critical-minerals stockpile with an initial funding of $12 billion, aimed at reducing reliance on Chinese rare earth minerals [1][2] - The funding structure includes $1.67 billion from private capital and a $10 billion loan from the U.S. Export-Import Bank, which is expected to authorize the loan shortly [1][2] - The initiative is designed to protect U.S. tech firms, automakers, and manufacturers from supply shocks related to critical minerals [2] Group 1 - Project Vault aims to create a stockpile of critical minerals to mitigate supply chain risks and reduce dependence on China [2] - The U.S. Export-Import Bank is anticipated to vote on a 15-year loan to support this initiative [2] - American Resources Corp. has entered into a $1.4 billion deal to develop a domestic rare earth magnet supply chain through partnerships with ReElement Technologies and Vulcan Elements [3]
Why Shares of USA Rare Earth Are Soaring Today
Yahoo Finance· 2025-10-07 16:31
Key Points The U.S. government plans to invest $17.8 million in Trilogy Metals. Investors are speculating that the U.S. government will also make an equity investment in USA Rare Earth. Investors should remain focused on USA Rare Earth's development of its rare earth magnet production facility. 10 stocks we like better than USA Rare Earth › Markets are hovering in positive territory today, and while they may end up down by the end of Tuesday's trading session, there's a strong likelihood that USA ...