Trump administration to invest $3 billion in minerals projects to boost US defence supply chains
Loans go to battery, scandium mining, magnet development as Washington funds mining schools United States President Donald Trump speaks next to Secretary of State Marco Rubio during an American Mining Industry Roundtable at the US Department of State in Washington, DC, US, August 7, 2026. PHOTO: REUTERS The United States government will invest $3 billion in critical minerals and battery projects as part of … Read more