US Military Launches Unprecedented $1bn Critical Minerals Stockpile
The Pentagon has launched an effort to procure up to $1bn worth of critical minerals as part of an accelerated stockpiling programme.
This initiative aims to counter Chinese control of materials essential to defence manufacturing, challenging Chinese dominance of the supply chain for metals essential to the defence industry.
The Trump administration's initiative
is revealed through public filings from the Pentagon's Defense Logistics Agency, showcasing the scope of the procurement drive in recent months.
Author's summary: Pentagon launches $1bn minerals stockpile.