Rare earth miners jump as Trump is eyeing mineral stockpile to reduce China dependence
Government
Shares of U.S.-listed rare earth miners jumped Monday after news that President Donald Trump is preparing a sweeping plan to build a strategic stockpile of critical minerals. The proposal, known as Project Vault, would launch a first-of-its-kind strategic critical-minerals stockpile designed for the U.S. private sector, according to a White House official. The plan pairs $1.67 billion in private capital with a $10 billion loan from the U.S. Export-Import Bank, the person said. Trump's move is
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