00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump's administration is expected to unveil a plan to rebuild U.S.
00:07critical mineral supply chains, according to AP. The plan includes purchase agreements with
00:12partners and a proposed $12 billion strategic reserve aimed at countering China's dominance.
00:17Vice President J.D. Vance is set to outline the effort at a meeting hosted by Secretary
00:21of State Marco Rubio with officials from Europe, Asia, and Africa, where supply chain deals are
00:28expected. The meeting follows Trump's announcement of Project Vault, funded by a $10 billion U.S.
00:34export import bank loan and nearly $1.67 billion in private capital. The administration has also
00:40made direct investments in U.S. producers as China maintains tighter export limits on rare earths.
00:45For all things money, visit Benzinga.com.
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