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

https://mins.news/en/item/16461

- Reuters, 2026-08-07 19:10 UTC
- Economy
- Original: https://www.reuters.com/business/trump-administration-back-three-mineral-projects-with-58-million-financing-2026-08-07/?link_source=ta_bluesky_link&taid=6a762d9716de02000121ad47

> 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.

## Related coverage

- [Trump Touts $3 Billion in Minerals Projects to Counter China](https://mins.news/en/item/16763) — Bloomberg News, 2026-08-08
- [Trump announces $3 billion series of mining projects](https://mins.news/en/video/16562) — Reuters, 2026-08-07