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US proposes nearly $1 billion in funds for critical minerals, materials
The investment aims to increase domestic production of minerals vital for industry and national security, reducing dependence on foreign suppliers by the U.S. government.
- The Energy Department announced on August 13, 2025, it will offer nearly $1 billion to boost domestic critical mineral mining and processing.
- This funding follows President Donald Trump's executive order 'Unleashing American Energy' aimed at reducing U.S. dependence on foreign mineral suppliers.
- The department plans to allocate $500 million to expand critical mineral processing, $135 million for rare earth supply, $250 million for mineral byproducts, and $50 million for rare earth magnets.
- Energy Secretary Chris Wright highlighted that the U.S. has depended heavily on overseas sources to provide and handle vital resources necessary for everyday life and national defense.
- The initiative seeks to enhance U.S. self-reliance, improve national security, and counter China's current dominance over critical mineral supplies.
22 Articles
22 Articles
DOE Unveils Fresh $1 Billion Funding To Boost US Critical Minerals - MP Materials (NYSE:MP), VanEck Rare Earth and Strategic Metals ETF (ARCA:REMX)
The DOE will provide nearly $1 billion in funding to strengthen domestic supply chains for critical minerals, following Trump's executive order.
Trump Admin Looks To Pour Cash Into Critical Minerals To Break China’s Stranglehold
by Audrey Streb at CDN - The Department of Energy (DOE) announced Wednesday that it is seeking to fund nearly $1 billion worth of projects to boost the American critical mineral industry. DOE announced Wednesday that it will provide funding opportunities intended to advance domestic critical mineral extraction and processing, stating that the projects will enhance national security and bolster American … Click to read the rest HERE-> Trump Admin…
US President Donald Trump's administration is proposing a nearly $1 billion funding package to accelerate the development of minerals and materials critical to new technologies.
Trump Administration Proposes $1 Billion for U.S. Critical Minerals
Trump Administration Proposes $1 Billion for U.S. Critical Minerals The Trump administration has unveiled a plan to inject nearly $1 billion into the rapid development of U.S. critical minerals and materials, which are vital for the production of electric vehicle batteries and semiconductors, as announced by the Energy Department.This initiative aims to lessen U.S. dependence on foreign sources, predominantly China, which currently lead sectors …
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