The U.S. is building a $12B critical-minerals stockpile through Project Vault, backed by a $10B EXIM loan and about $2B in private capital. Glencore has now joined as its fourth named supplier with a $500M commitment. #Mining#CriticalMinerals#SupplyChain
China still refines 85% of the world's rare earths and 72% of critical minerals, despite growing U.S. investment. Washington is now targeting a key bottleneck: the domestic mining workforce. #CriticalMinerals#RareEarths#China#Mining
Washington is pouring billions into U.S. critical minerals, but China still dominates the supply chain, accounting for roughly 60% of global mining and more than 90% of refining and processing. #CriticalMinerals#China#Mining
After securing access to 65B barrels of Venezuelan oil reserves, the U.S. is now exploring the country’s gold and critical minerals. Washington has begun talks with U.S. firms as it looks to reduce reliance on China. #Venezuela#Mining#CriticalMinerals
Modern warfare is consuming the same strategic metals needed for semiconductors, EVs and clean energy. Unlike civilian products, metals dispersed in destroyed drones and missiles can be difficult or uneconomic to recover. #CriticalMinerals#Defense#Metals
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