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-0.000696702275894128 0.00185787273571756 0.00557361820715286 -0.00371574547143529 0.0225267069205759 0.00882489549465867 -0.000928936367858782 0.00232234091964704
Stock impact report

Trump's critical mineral reserve is an admission that the future is electric [TechCrunch]

USA Rare Earth, Inc. (USAR) 
Company Research Source: TechCrunch
The stockpile initiative, branded as Project Vault, is the latest attempt by the administration to secure supplies of critical minerals for U.S. manufacturers and what President Donald Trump says will ensure “American businesses and workers are never harmed by any shortage.” It follows recent investments from the administration into rare earth producers, including equity stakes in miners USA Rare Earth and MP Materials Individually, they can be interpreted as an administration taking steps to calm a part of the market that has been roiled by its own trade wars. Collectively, they're an admission, however tacit or subconscious, that the future relies on electric technologies, including electric vehicles and wind turbines. In his announcement, Trump alluded to the world's dependence on China for a slew of critical minerals. Over the last year-plus, China has wielded its dominance to counter tariff threats from the Trump administration, restricting exports of rare earth metals and Show less Read more
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