US critical mineral reserve

Investment Analysis Clubs Macro Economic Trends and Risks
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Seems to be a clever move by Trump to protect US industry:

Donald Trump has announced the creation of a critical mineral reserve worth nearly $12bn, a stockpile that could counter China’s ability to use its dominance of the hard-to-process metals as leverage in trade talks.

“Today we’re launching what will be known as Project Vault to ensure that American businesses and workers are never harmed by any shortage,” Trump said at the White House on Monday.

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A good idea for rare earth. By establishing a guaranteed market you make investors more comfortable putting their money into a business that competes in a business dominated by China.

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