In a bid to strengthen national security and reduce reliance on foreign imports, the Trump administration is considering investing directly in U.S.-based companies involved in mining and processing critical minerals. Interior Secretary Doug Burgum revealed that the government is exploring financial support, fast-tracked permits, and partnerships with agencies like the Department of Defense and Department of Energy to bolster domestic production. Critical minerals such as lithium, cobalt, rare earth elements, and nickel are essential to key sectors like defense, clean energy, and high-tech manufacturing—yet the U.S. currently imports over 80% of its rare earth needs, mostly from China.
The strategy focuses on reshaping the American industrial landscape by encouraging innovation, building infrastructure, and creating jobs in the mining and processing sectors. The administration’s goal is to build a resilient and self-sufficient supply chain for critical minerals, reduce foreign dependence, and ensure the availability of materials needed for advanced technologies, EV batteries, weapons systems, and grid-scale energy storage. The proposal is also seen as a step toward establishing a new “Made in America” minerals strategy that supports economic independence.
However, the initiative faces scrutiny from environmental groups and policymakers who are concerned about the impact on protected lands and ecosystems. Balancing the urgency of strategic resource security with sustainable and responsible mining practices will be essential. As global competition for critical minerals heats up—particularly with China and Russia securing mineral assets abroad—the Trump administration’s push could redefine America’s place in the global mineral supply chain.