Pentagon steps up stockpiling of critical minerals with $1bn buying spree

Financial TimesSunday, October 12, 2025 at 4:00:18 AM
Pentagon steps up stockpiling of critical minerals with $1bn buying spree

Pentagon steps up stockpiling of critical minerals with $1bn buying spree

The Pentagon is making a significant move to bolster its stockpile of critical minerals with a $1 billion purchasing initiative. This effort, driven by the Trump administration, aims to challenge China's dominance in the supply chain for essential metals that are crucial for the defense industry. By securing these resources, the U.S. is not only enhancing its national security but also reducing reliance on foreign suppliers, which is a vital step in ensuring the country's defense capabilities.
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