Why The U.S. Is Spending $12B To Stockpile Critical Minerals
By CNBC
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The Trump administration is launching Project Vault, a partnership with private industry to ramp up production of critical minerals in the U.S. CNBC’s Pippa Stevens shares how this effort could impact businesses like GE, Alphabet and General Motors while backstopping large-scale miners like MP Materials and USA Rare Earth. Reporting by: Pippa Stevens Produced by: Magdalena Petrova, Carlos Waters Edited by: Darren Geeter Senior Managing Producer: Shawn Baldwin Additional Footage: Getty Images » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work with AI? Sign up for CNBC's new online course, Beyond the Basics: How to Use AI to Supercharge Your Work. Learn advanced AI sk
Tags: Project Vault, United States, Donald Trump, rare earths, REEs, aluminum, cobalt, gallium, lead, uranium, copper, magnets, graphite, U.S. Geological Survey, China, Washington D.C., U.S. Export-Import Bank, CNBC, business news, U.S. news
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