Bank Of Baku

Trump: US to Invest $3 Billion in Mining Industry

US President Donald Trump

© APA | US President Donald Trump

# 08 August 2026 07:54 (UTC +04:00)

The US administration will invest approximately $3 billion in projects aimed at developing mineral extraction, President Donald Trump said.

Trump made the announcement during a meeting with executives of mining companies organized by the US Department of State.

The investment is expected to support the development of the country’s mining sector and expand domestic mineral production.

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