The President is serious about rare earth minerals!
"The Trump administration will take a 10% stake in USA Rare Earth as part of a $1.6 billion debt-and-equity deal aimed at boosting domestic production of critical minerals, according to sources."
"The Trump administration is taking a 10% stake in USA Rare Earth (USAR.O), opens new tab as part of a $1.6 billion debt-and-equity investment package aimed at helping the company develop a domestic mine and magnet facility, two sources familiar with the deal told Reuters.
The deal and a separate $1 billion private investment will be unveiled on Monday ..."
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