Trump Administration Unveils $500 Million Push for US Minerals

WASHINGTON, United States — The Donald Trump administration is moving to strengthen the United States’ domestic supply of critical minerals with $500 million in federal grants for seven companies developing lithium, cobalt, battery recycling and other materials projects, according to a U.S. Department of Energy funding document.

Trump Administration to Invest $3 Billion in US Minerals

WASHINGTON, United States — The Trump administration plans to invest $3 billion in critical minerals and battery projects as it seeks to expand domestic production, strengthen defense supply chains and reduce U.S. dependence on foreign sources, particularly China, President Donald Trump said on Friday.

China’s Rare Earth Curbs Pressure US Missile Magnet Supply Chain as Domestic Production Ramps Up

Efforts by the United States to strengthen its domestic supply of critical minerals have taken on renewed urgency as China’s restrictions on rare earth materials continue to disrupt production of components used in advanced weapons systems. American companies are now racing to expand processing capacity, but industry leaders say it will take time before domestic supply can meet growing defense demand.