Fri, 21 Mar 2025

Fri, 21 Mar 2025 Trump uses emergency powers to boost mineral production

The executive order comes as the US president tries to reduce America's reliance on imports of the vital materials.

* US President Donald Trump has invoked emergency powers to increase domestic production of critical minerals.
* The executive order uses Cold War-era legislation and instructs government agencies to prioritize mining projects and provide technical and financial support.
* The move is aimed at reducing US reliance on imports from countries like China, which has control over the supply chain of some critical minerals.
* Trump's tariffs have sparked trade tensions with major suppliers like China and Canada, and critical minerals are vital for key technologies such as batteries and advanced weapons systems.
* The US is also negotiating deals with Ukraine and the Democratic Republic of Congo to access their mineral resources.
* Trump has previously expressed interest in acquiring Greenland, which is rich in rare earths.
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