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Global Business News

The Economic Times

Global Business / The Economic Times

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US moves away from critical mineral price floors, sources say

The Trump administration is withdrawing from plans to set minimum prices for critical minerals projects. This decision stems from a lack of congressional funding and the challenges of market pricing. Officials have informed industry executives that projects must be financially independent. This marks a shift from previous commitments and could differentiate the U.S. from G7 partners discussing price support measures.

29 Jan 2026 7:45 am