Trump Invokes An Act From 1950s To Boost Domestic Mineral Industry
Defense Production Act Invocation: President Trump has invoked the Defense Production Act to enhance domestic mineral production, aiming to reduce reliance on imports and improve supply chains, while expediting permitting processes for mining projects.
International Agreements and Concerns: Trump's administration is pursuing international agreements for mineral resources, including a potential deal with Ukraine, amidst concerns over China's dominance in rare earth processing and recent export restrictions affecting U.S. manufacturers.
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Defense Production Act Invocation: President Trump has invoked the Defense Production Act to enhance domestic mineral production, aiming to reduce reliance on imports and improve supply chains, while expediting permitting processes for mining projects.
International Agreements and Concerns: Trump's administration is pursuing international agreements for mineral resources, including a potential deal with Ukraine, amidst concerns over China's dominance in rare earth processing and recent export restrictions affecting U.S. manufacturers.





