United States President Donald Trump has announced the launch of a strategic minerals stockpile named Project Vault, combining $2bn of private capital with a $10bn loan from the US Export-Import Bank. The aim is to invest in rare-earth minerals crucial for key goods production and reduce reliance on China. The government has made significant investments in various companies to secure critical minerals production, with stocks experiencing mixed reactions. This move, while unusual, follows historical precedents of government equity stakes in major companies during financial crises.
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