Trump administration allocates $1 billion to enhance U.S. control over critical minerals.

The Trump administration plans to invest nearly $1 billion to boost the U.S. critical minerals and materials sectors, aiming to reduce reliance on foreign countries, particularly China. The funds, announced by the Energy Department, will support various programs for mining, processing, and manufacturing technologies. Energy Secretary Chris Wright highlighted the need for domestic control over these essential materials for both economic and national security reasons.