
President Donald Trump’s administration is said to unveil a $12 billion minerals stockpile, combining private sector contributions with a substantial government loan.
According to a Bloomberg report, the initiative will create a centralized reserve of essential metals and minerals, including rare earths, to help shield companies from volatile global markets influenced by China.
The reserve dubbed Project Vault will include roughly $1.67 billion from private investors with a $10 billion loan from the U.S. Export‑Import Bank to buy and store minerals essential to sectors like automotive, aerospace, and electronics, cited the report.
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