President Donald Trump announced on Feb. 2 a new strategic private sector critical minerals stockpile.
“Project Vault” is being seeded with $1.67 billion in private capital and a $10 billion loan from the U.S. Export-Import Bank, and it is meant to insulate U.S. industries from market disruptions such as the seismic critical minerals rule change Beijing previewed in 2025.
The Pentagon already has a critical minerals stockpile, kept in six locations across the country, to be used in the event of a national emergency. However, Beijing announced a major rule change in 2025 that would subject all sales of critical minerals mined or processed in China—which could be up to 90 percent of global supply—to review and approval from Chinese authorities….
Trump Launches $12 Billion ‘Project Vault’ Critical Minerals Stockpile
