Trump’s mineral plan quietly powers the EV supply chain

Despite years of anti-EV rhetoric, the Trump administration unveils about $3 billion for domestic mineral projects (graphite, magnets, silicon anode material) and related loans/stakes to strengthen U.S. battery supply chains, a move officials frame as national security-driven and beneficial to EV makers and defense tech. The initiative complements existing programs with commitments to companies like Westwater Resources, Sila Nanotechnologies, Lithium Americas, and Niron Magnetics, and could accelerate domestic EV production as mineral independence becomes a policy focus.