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The Hindu

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Trump announces $12 billion plan for rare earths stockpile

The U.S. has launched Project Vault, a $12 billion plan to build a strategic reserve of critical minerals and rare earths. The initiative aims to strengthen supply chains and reduce reliance on global processing hubs. Indias External Affairs Minister S. Jaishankar is in the U.S. for key mineral and trade talks.

3 Feb 2026 11:09 am