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EconomyEXCLUSIVE: Trump administration to back three mineral projects with $58 million in financing

The U.S. Export-Import Bank is providing $58 million in loans to three critical-mineral companies, according to a document seen by Reuters. The financing is part of President Donald Trump’s effort to reduce the country’s dependence on Chinese supplies. It also aims to strengthen American mining and processing capacity. The arrangement places federal support behind domestic critical-mineral projects.

Trump administrationcritical mineralsU.S. Export-Import BankChina supply chain

People in this report Donald Trump

RReuters★★★☆☆2026-08-07 19:10Original

EXCLUSIVE: Trump administration to back three mineral projects with $58 million in financing
EXCLUSIVE: Trump administration to back three mineral projects with $58 million in financingEconomy