Trump signs order to increase critical mineral production in the U.S.

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Fri, March 21, 2025

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Trump signs order to increase critical mineral production in the U.S.

^{Published on 2025-03-20 21:40:49 - CNBC}

President Trump signed an executive order to increase production of critical minerals, including uranium, copper, potash, gold and possibly coal. The order directs federal agencies to expedite the review of mineral projects and prioritize mineral production over other projects on federal lands.

The article from MSN Money discusses an executive order signed by former President Donald Trump aimed at increasing the production of critical minerals within the United States. The order was intended to reduce America's dependency on foreign sources for minerals like lithium, cobalt, and rare earth elements, which are essential for technologies ranging from electric vehicles to military equipment. The initiative was part of a broader strategy to enhance national security, support domestic manufacturing, and ensure a stable supply chain for these vital resources. The order encouraged the development of domestic mining, processing, and recycling of these minerals, highlighting the strategic importance of not relying on countries like China, which dominates the global supply of many critical minerals. This move was seen as a step towards bolstering economic resilience and technological advancement in the U.S. by fostering local production and reducing geopolitical vulnerabilities.

Read the Full CNBC Article at:
[ https://www.msn.com/en-us/money/markets/trump-signs-order-to-increase-critical-mineral-production-in-the-us/ar-AA1Bl6yY ]

N@N

Trump signs order to increase critical mineral production in the U.S.