US Military Launches $1bn Critical Minerals Stockpile Amid China Export Restrictions
The Pentagon has launched an effort to procure up to $1bn worth of critical minerals as part of an accelerated stockpiling programme.
This initiative challenges Chinese dominance of the supply chain for metals essential to the defence industry.
The Trump administration's initiative counters Chinese control of materials essential to defence manufacturing.
- The Pentagon's Defense Logistics Agency has revealed the scope of the procurement drive in recent months.
- The stockpiling programme aims to counter Chinese export restrictions.
Author's summary: US military launches $1bn mineral stockpile.