economy
February 2, 2026
Trump administration looks to create $12 billion critical mineral reserve
President Donald Trump is set to launch a multibillion-dollar strategic critical minerals stockpile to further reduce the United States’s reliance on China for rare earths and other metals crucial to developing artificial intelligence, batteries, jet engines, and smartphones.
TL;DR
- President Donald Trump is launching a multibillion-dollar strategic critical minerals stockpile.
- The goal is to reduce U.S. reliance on China for rare earths and other crucial metals.
- These minerals are vital for technologies like AI, batteries, jet engines, and smartphones.
Continue reading the original article