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US Invests 1 Billion to Bolster Critical Minerals Supply

Finance · 08/15/2025

US Invests 1 Billion to Bolster Critical Minerals Supply

The U.S. Department of Energy announced a nearly $1 billion investment plan to accelerate the development of the domestic critical minerals and materials industry, reducing reliance on foreign supply chains. This plan covers key links such as mining, processing, and manufacturing. It aims to enhance U.S. international competitiveness in high-tech and defense sectors, and reshape the global industrial landscape by bolstering domestic production and innovation in critical mineral supply chains.