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Trump announces critical mineral reserve backed by Exim financing and private capital
Donald Trump announced the creation of a US critical mineral reserve designed to support American industry and reduce vulnerability to supply disruptions in strategic raw materials. The initiative is being positioned as an industrial backstop, conceptually similar to an emergency reserve, intended to cushion manufacturers from sudden shortages, export controls, or sharp price swings in minerals central to advanced manufacturing, defence supply chains and the clean-energy transition. Funding details cited in reporting point to a roughly $12bn package, anchored by $10bn of financing linked to the Export-Import Bank of ... (full story)
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Feb 3, 2026 1:11am
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