Trump launches $12 billion minerals stockpile to counter China: Report
Published on: Feb. 2, 2026, 7:18 p.m. | Source: The Economic Times
America is set to launch a significant critical minerals stockpile. This initiative, backed by $12 billion, aims to counter China's influence on vital mineral prices. The project, named Project Vault, will involve private funding and a substantial loan from the U.S. Export-Import Bank. Major companies like General Motors and Boeing are participating.
