Donald Trump says US "is never again reliant on hostile foreign nations" for resources

President Trump announced $3 billion in US investments for critical minerals projects, aiming to reduce reliance on China for essential resources. The initiative, involving partnerships with industry executives and funding from the Defense Department and Export-Import Bank, supports projects like battery component production, scandium extraction in Australia, and magnet manufacturing. These efforts, which also include bolstering mining education, are intended to create jobs, enhance economic security, and re-establish the US as a leader in mineral production, occurring ahead of Chinese President Xi Jinping's planned visit to Washington.