Why The United States’ Belated Critical Minerals Gambit Won’t Stop China The United States' belated foray into critical minerals production appears to be more of the same – a half hearted attempt to challenge China's stranglehold on the sector.
Last month, President Trump unveiled a $3 billion federal investment in critical minerals projects across the country, an effort to scale domestic production and break free from Chinese battery supply chains.
The deal includes a $1. 4 billion conditional loan to Sila Nanotechnologies, a California based startup working on next generation battery materials.