Washington, United States, Feb 2, 2026 (AFP) - US to launch $12-bn critical minerals stockpile to ease China reliance

NAMPA / AFP

2026-02-02

The United States is expected to launch a critical minerals stockpile with $12 billion in initial funding, a White House official confirmed Monday, as Washington seeks to lower reliance on China for rare earths and other resources. The project, which was first reported on by Bloomberg, is anticipated to bring together some $1.7 billion in private capital and a $10 billion loan from the Export-Import Bank of the United States (EXIM). This would go......

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