09-August-2026
Corporate News
 
Trump administration to invest $3 billion into minerals projects to boost US defense supply chains
08-Aug-2026

President Donald Trump said on Friday the federal government would invest $3 billion into multiple critical minerals and battery projects as part of a push to increase domestic production and boost national security and industrial policy. "We're reclaiming America's rightful place as the minerals superpower of the world," Trump told more than 200 mining executives, educators, investors and fellow politicians at a roundtable at the State Department aimed at supporting the industry, which he said had not received enough attention from Washington in recent years.

News Source:- https://economictimes.indiatimes.com/news/international/world-news/trump-administration-to-invest-3-billion-into-minerals-projects-to-boost-us-defense-supply-chains/articleshow/133044763.cms