US Military Launches Unprecedented $1bn Critical Minerals Stockpile
The Pentagon has launched an effort to procure up to $1bn worth of critical minerals as part of a stockpiling programme to counter Chinese control of materials essential to defence manufacturing.
The initiative challenges Chinese dominance of the supply chain for metals essential to the defence industry, with the Pentagon's Defense Logistics Agency revealing the scope of the procurement drive.
The Trump administration's initiative is designed to counter Chinese control of materials essential to defence manufacturing.
Author's summary: Pentagon launches $1bn mineral stockpile.