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Trump’s Strategic Mineral Stockpile Plan Sparks Rare-Earth Rally

1 min read
Source: CNBC
Trump’s Strategic Mineral Stockpile Plan Sparks Rare-Earth Rally
Photo: CNBC
TL;DR

Trump plans Project Vault to create a private-led, strategic stockpile of critical minerals backed by a $10 billion Ex-Im loan and about $1.67 billion in private capital, aiming to reduce U.S. dependence on China; following the news, MP Materials, USA Rare Earth and Critical Metals Corp rallied on expectations of stronger domestic demand and potential government backing.

Topics:business#business#critical-minerals#mp-materials#rare-earths#stock-market#trump
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  1. Rare earth miners jump as Trump is eyeing mineral stockpile to reduce China dependence  CNBC
  2. Trump to Launch $12 Billion Critical Mineral Stockpile to Blunt Reliance on China  Bloomberg
  3. Trump administration to create a strategic reserve for rare earths elements  ABC News
  4. Trump Wants a Critical Minerals Stockpile, Report Says. What It Means for MP Stock.  Barron's
  5. Trump launches $12 billion minerals stockpile to boost US manufacturing, counter China  Reuters

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