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Trump launches $12 billion minerals stockpile to counter China - BUSINESS NEWS

U.S. President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, February 2, 2026. REUTERS/Evelyn Hockstein
U.S. President Donald Trump speaks on the day he announced the creation of a critical mineral reserve, in the Oval Office at the White House, February 2, 2026. REUTERS/Evelyn Hockstein

WASHINGTON: "For years, American businesses have risked running out of critical minerals during market disruptions," Trump said during an Oval Office event.
"Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage."

"For years, American businesses have risked running out of critical minerals during market disruptions," Trump said during an Oval Office event.
"Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage."

"For years, American businesses have risked running out of critical minerals during market disruptions," Trump said during an Oval Office event.
"Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage."

"For years, American businesses have risked running out of critical minerals during market disruptions," Trump said during an Oval Office event.
"Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage."

"For years, American businesses have risked running out of critical minerals during market disruptions," Trump said during an Oval Office event.
"Today, we're launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage."

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