Project Vault strengthens US critical mineral supply
US President Donald Trump is launching a $12 billion strategic stockpile of critical minerals.
Project Vault combines $1.67 billion in private investment with a $10 billion US Export-Import Bank loan.
The initiative aims to protect automakers, tech firms, and industrial users from global supply disruptions.
The reserve focuses on metals such as gallium and cobalt, essential for smartphones, aerospace, and energy sectors.
Project Vault mirrors the US emergency oil reserve but targets critical minerals instead.
Over a dozen companies, including GM, Boeing, Stellantis, and Google, have committed to the program.
This plan signals a strategic shift in US supply chains away from China.
Commodities traders such as Hartree Partners, Traxys North America, and Mercuria will manage the stockpile.
The US government treats secure access to rare earths and heavy minerals as strategic infrastructure.
How Project Vault impacts the US mineral market
Project Vault may stabilize critical mineral prices and boost domestic mining.
Under the program, companies draw allocated materials and replenish them to ensure continuity.
Trump’s One Big Beautiful Bill Act supports the initiative with $7.5 billion for stockpiling and supply-chain investments.
The Pentagon will also accelerate its mineral acquisitions, targeting $1 billion in the near term.
Investments directly into domestic mining companies aim to increase US rare earth production and processing.
As a result, Project Vault strengthens supply security for both civilian and defense industries.
SuperMetalPrice Commentary:
Project Vault demonstrates a new phase of US critical mineral strategy.
It highlights the growing role of government-backed stockpiles in mitigating supply chain risks.
Investors and manufacturers may see increased confidence, while global competition for rare minerals intensifies.
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