Geopolitics · Mining.com ·

The Export-Import Bank's $12 billion Project Vault critical minerals initiative will welcome all trading companies, not just the three firms initially mentioned when the program launched, Ex-Im chairman John Jovanovic confirmed. The program is structured as an open-source, demand-driven model covering all 60 minerals designated as critical by the US Geological Survey. It aims to reduce US dependence on Chinese supply chains while supporting domestic and allied processing capacity.