Trump Launches $12B Strategic Minerals Stockpile to Counter China
President Trump unveils Project Vault, a $12 billion initiative to stockpile critical minerals, reducing US dependence on China and protecting manufacturers from supply disruptions.
President Trump unveils Project Vault, a $12 billion initiative to stockpile critical minerals, reducing US dependence on China and protecting manufacturers from supply disruptions.
The Trump administration plans to build international consensus on rare earth pricing to counter China's market dominance and protect Western refiners from price undercutting.
The Trump administration reverses course on guaranteed minimum prices for critical minerals projects, citing lack of congressional funding and market complexity, affecting mining stocks.
China is creating a new rare earth licensing system to simplify exports, but full removal of restrictions remains uncertain, industry insiders say.
Trump signs trade agreements with Malaysia, Thailand, Vietnam, and Cambodia to reduce tariffs, diversify rare earth supplies, and address trade imbalances as China tightens export controls.
China announces sweeping new export restrictions on rare earths and critical materials, escalating trade tensions before crucial US-China negotiations in South Korea.