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Trump administration plans US$12 billion push to curb China’s grip on critical minerals

✍️ Khushboo Razdan 📅 February 02, 2026 03:33 PM ⏱️ 1 min read 🕐 Scraped: February 02, 2026

Summary: The initiative, dubbed Project Vault, would create a commercial stockpile to shield US manufacturers from supply shocks and price swings.

Seeking to blunt China’s dominance over critical minerals that underpin hi-tech manufacturing, the administration of US President Donald Trump is rolling out a slate of measures this week aimed at reducing US relia

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📝 Article Information

Author

Khushboo Razdan

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

February 02, 2026 at 03:33 PM

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