The United States is beginning to create a strategic reserve of critical minerals, US President Donald Trump stated, APA reports.
"Today we are announcing the creation of the US strategic critical minerals reserve <...> for civilian use in times of emergency," he said.
US President Donald Trump stated that at this stage, $12 billion from the funds of the US Export-Import Bank and the private sector will be allocated to create the reserve of the most important minerals.
"This historic initiative will combine $10 bln in export-import bank financing with $2 bln in private sector financing," said the American leader, speaking at the White House. "We even expect the American taxpayer to make a profit from the interest on the loan used to start the project Vault."
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