US Project Vault aims to close first funding tranche soon, official says
Market Trends · Mining.com ·
Project Vault, the US government's $12 billion critical minerals stockpile and financing initiative, aims to close its first funding tranche soon, according to an official leading the effort. The program is designed to address market weaknesses beyond pure stockpiling, including capital gaps and supply chain bottlenecks for rare earths, gallium and other strategic metals.