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Trump advances $3B mineral projects to counter China

Trump advances $3B mineral projects to counter China

The article focused on the announcement by U.S. President Donald Trump of a $3 billion investment grant to strengthen the critical minerals sector in the United States. These investments aim to reduce reliance on supply chains dominated by China and to support the development and enhancement of local mineral mines, particularly rare earth elements and vital materials. The funding plans include agreements with companies such as "Cella Nanotechnologies" and "Nairoon Magnetics," in addition to financing mining projects and expanding production, with an emphasis on building an independent supply chain from China to boost the United States' capabilities in future defense and technological industries. The U.S. government also allocated funds to train new workforce in the mining sector to ensure sustainable production and lessen external dependence—especially ahead of a planned visit by the Chinese President to Washington. The initiative demonstrates American ambitions to reposition itself in the vital minerals market and to diminish Chinese influence.

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