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Why The U.S. Is Spending $12B To Stockpile Critical Minerals

DeFi Daily News by DeFi Daily News
February 5, 2026
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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

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Why The U.S. Is Spending $12B To Stockpile Critical Minerals

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Tags: 12BAlphabetaluminumBoeingbusiness newsChinacnbcCobaltcommodity marketscoppercriticalDonald Trumpeconomic policyEconomicsforeign policygalliumGEGeneral MotorsGraphiteLeadmagnetsMetalsmineralsMiningMP MaterialsProject Vaultrare earthsREEsspendingStellantisStockpiletradeU.SU.S. Export-Import BankU.S. Geological Surveyu.s. newsunited statesUraniumUSA Rare EarthWashington D.C.
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