America’s Rare Earth Reckoning Is Less Than 60 Days Away

The Quick Take
In February 2026, President Trump announced one of the most ambitious industrial security initiatives of his presidency: Project Vault, a $12 billion strategic stockpile of critical minerals and rare earths designed to protect American manufacturers and the defense industrial base from supply disruptions. This announcement was backed by a $10 billion loan from the U.S. Export-Import Bank, the larg
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