Trump announces $12B minerals stockpile

The Hill - Feb 2, 2026

The U.S. will put together a $12 billion minerals stockpile, President Trump announced in the Oval Office on Monday. The stockpile is expected to involve rare earth elements, other minerals that the government considers “critical” and additional materials whose prices may fluctuate. The project is set to include a $10 billion loan from the Export-Import Bank...

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