President Trump plans to launch a $1B strategic critical minerals stockpile, Project Vault, to reduce U.S. reliance on Chinese rare earths and protect manufacturers from supply shocks, Bloomberg’s Jennifer A. Dlouhy and Joe Deaux report. The initiative would combine $10B in Export-Import Bank loans with $1.67B in private capital to procure and store minerals for U.S. industry, according to the report. Publicly traded companies in the space include MP Materials (MP), USA Rare Earth (USAR), Critical Metals (CRML), and United States Antimony (UAMY).
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