Trump administration to invest $3 billion into minerals projects to boost defense supply
The Trump administration said it will invest $3 billion in US critical-minerals projects to support defense supply. The Pentagon’s Office of Strategic Capital plans conditional loans of $1.4B to Sila Nanotechnologies, $400M to Sunrise Energy Metals, and $150M to Niron Magnetics. The Export-Import Bank will lend $58M to several firms, while DOE and Pentagon grants target mining education.

