Trump’s Critical Mineral Reserve Is An Admission That The Future Is Electric
The U.S. critical mineral reserve reveals an undeniable truth: America is betting big on electric technology despite political rhetoric.
Matilda
Trump’s Critical Mineral Reserve Is An Admission That The Future Is Electric
When the Trump administration unveiled its $11.7 billion critical mineral reserve this week, headlines focused on supply chain security. But the deeper story matters more: this move quietly confirms that electric vehicles, wind turbines, and battery storage aren't political preferences—they're economic inevitabilities. Project Vault, as the initiative is branded, aims to shield American manufacturers from shortages of minerals essential to clean energy tech. And in doing so, it exposes a future the administration once dismissed. Credit: Tomasz Śmigla / Getty Images What Project Vault Really Means for U.S. Industry Project Vault isn't merely a stockpile. It's a strategic buffer designed to prevent disruptions in manufacturing sectors racing to electrify. The U.S. Export-Import Bank is backing the effort with a $10 billion loan, supplemented by private capital to secure minerals like gallium and cobalt. President Trump framed it as insurance against foreign coercion, vowing…