Trump Unveils $12B Mineral Stockpile Plan to Counter China’s Influence

The United States is launching Project Vault, a $12 billion mineral stockpile designed to bolster civilian industries against supply chain disruptions. The initiative combines $1.67 billion in private investments with a $10 billion loan from the U.S. Export-Import Bank, marking the first time the federal government has created a commercial mineral reserve.

Critical minerals and rare earths—essential for batteries, electronics, and advanced manufacturing—will FORM the backbone of the stockpile. Major corporations including General Motors, Boeing, Google, and GE Vernova are already participating, signaling broad industrial demand for supply chain security.

The MOVE reflects growing geopolitical tensions over resource dominance, particularly with China controlling much of the global rare earths market. By diversifying supply sources, Project Vault could indirectly benefit cryptocurrency mining operations reliant on semiconductor and hardware components.