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Trump Admin Scraps Price Guarantees for Critical Minerals
The Trump administration is backing away from its plan to provide guaranteed minimum prices for U.S. critical minerals projects, a significant policy reversal confirmed by multiple sources. This shift signals a new reality for domestic mining companies, driven by a lack of congressional funding and the complexities of market intervention. This move marks a departure from earlier commitments to the industry and could distance Washington from G7 partners, who have been discussing joint price supports to bolster the production of minerals vital for electric vehicles, defense systems, and electronics. The change in ... (full story)