US Launches $12 Billion Critical Mineral Stockpile Plan, Initially Sourcing from China

The US Export-Import Bank has unveiled Project Vault, a $12 billion initiative to create a critical mineral stockpile, with initial sourcing open to global suppliers, including dominant player China. Announced on April 30, the program aims to shield US industries from supply shocks while laying the groundwork for domestic and allied production dominance. Backed by […] The post US Launches $12 Billion Critical Mineral Stockpile Plan, Initially Sourcing from China appeared first on the deep dive.