Trump Administration Eyes CHIPS Act Funds for Critical Minerals Strategy

Post Views: 331 Trump US Critical Minerals CHIPS Act Funds Could Support U.S. Critical Minerals Push The Trump administration is evaluating a plan to redirect $2 billion in CHIPS Act funding toward U.S. critical minerals development. The proposal aims to reduce reliance on China by investing in domestic mining, processing, and recycling operations. Commerce Secretary Howard Lutnick would assume a central role in allocating these funds, streamlining decision-making across the administration. This shift would reallocate funds originally designated for semiconductor research and factory developme...