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03 Feb 2026
Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile
Summary
U.S.-listed rare earth miners surged after President Trump announced Project Vault, a strategic minerals reserve for the U.S. private sector. The plan, pooling $2 billion in private capital with a $10 billion loan, aims to ensure American businesses have access to critical minerals. This move comes amid the ongoing geopolitical rivalry between the U.S. and China, the world’s leading supplier of rare earths.