Trump’s “Project Vault” Lifts $MP, $USAR, $CRML, $TMC, $UAMY & $NB

AfraSimon
02-04 08:50

Trump Launches Rare Earths "Project Vault"

🟢 $MP Materials Corp.(MP)$ +3%

🟢 $USA Rare Earth Inc.(USAR)$ +3%

🟢 $CRITICAL METALS CORPORATION(CRML)$ +2%

🟢 $The Metals Company(TMC)$ +2%

🟢 $United States Antimony(UAMY)$ +4.5%

🟢 $NioCorp Developments Ltd.(NB)$ +4%

The initiative aims to ensure that American businesses and workers are not harmed by mineral shortages, similar to the Strategic Petroleum Reserve for oil.

The project involves a combination of $10B in Export-Import Bank financing and $2B in private sector investment.

To bolster domestic supply, the administration is expediting federal permitting for mining projects and signing mineral deals with international partners.

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