$12 billion reserve: US aims to reduce dependence on China

2 368 9

The United States plans to establish strategic reserves of critical mineral resources worth approximately $12 billion to reduce dependence on China, Bloomberg reports, citing sources familiar with Donald Trump's initiative.

The project, dubbed Project Vault, will combine $1,67 billion in private investment with a $10 billion loan from the Export-Import Bank of the United States. The proceeds will be used to purchase and store minerals for American producers.



The strategic reserves will include rare earth elements and other critical minerals used in the production of high-tech products. Specifically, these materials are used in the production of smartphones, batteries, and in the aviation industry, including jet engines.

According to agency sources, the project's implementation should help the United States reduce its dependence on supplies of rare earth elements and other metals from China, which currently plays a key role in the global market for these resources.

Project Vault is seen as one of the tools to strengthen the resilience of American supply chains in the face of growing geopolitical risks and competition in the high-tech sector. of technologies.
9 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. Vladimir Tuzakov
    Vladimir Tuzakov
    +1
    2 February 2026 19: 38
    The US is rushing to buy up supplies while the dollar is still strong, and that will require far more dollars over the next two or three years... Old Moishe scolded: may you live in interesting times. Interesting times are coming, which means there's nothing good to look forward to.
  2. Kiril
    Kiril
    +1
    2 February 2026 19: 45
    Like, they found investors to buy up raw materials and put them away for storage? laughing -What kind of raw materials do the Yankees buy from the Chinese? winked
  3. Valera75
    Valera75
    0
    2 February 2026 20: 06
    Do Americans want to buy a large batch of rare earth from China?
    Then they gradually use it up, and when the volume reaches a critical level, they buy it again from China, right?

    The United States plans to create a strategic stockpile of critical minerals worth about $12 billion to reduce dependence on China.

    I used to think that the way to reduce dependence on one country was to find them locally through geological exploration or to find several suppliers of these rare earths.
    1. Roman070280
      Roman070280
      +1
      2 February 2026 20: 13
      Perhaps a conflict is expected... for which it makes sense to stock up.
  4. Leon68
    Leon68
    +1
    2 February 2026 20: 12
    There's no one else to buy rare earths from except the Chinese. They're the only ones selling the main ones. The technology and production are Chinese. Mining the ore isn't even half the battle (many people do it), but getting the rare earth from the ore affordably is the key.
  5. Sergey Latyshev
    Sergey Latyshev
    -1
    2 February 2026 21: 16
    A "phrased victory" about a trifle. What is 12 billion for the US? Nothing.
    So, a small pocket fund for small supplies...
  6. Roman070280
    Roman070280
    +2
    2 February 2026 22: 00
    Well, we don't sit idle when it comes to rare earth elements either.
    The Empire Strikes Back.. angry
    1. Valera75
      Valera75
      +1
      3 February 2026 08: 40
      Quote: Roman070280
      Well, we don't sit idle when it comes to rare earth elements either.
      The Empire Strikes Back..

      Another fund for mastering the dough.
      There will be nothing to develop; the retirement age, VAT, taxes, and recycling fees for non-existent recycling will be increased.
  7. prior
    prior
    0
    3 February 2026 08: 41
    It is not the rare earth elements themselves that are important.
    The technologies and production where these rare earths are used are important.
    Otherwise it will be like with oil. A raw material appendage.