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Donald Trump addressed war powers in the context of comprehensive efforts to increase American mineral production and the country’s trust in China for critical resources.
The President signed an executive order on Thursday, in which he led the use of the Defense Production Act to mobilize industry and to expand the domestic mineral service for national security reasons.
The government also instructs the government to rationalize the project that permits permission and provides loans to increase domestic Mining.
Talk out of the White House on Thursday Trump card said the order “would increase the production of critical minerals and rare earth dramatically”.
The guideline, which was given in Trump’s speech at the congress this month, takes place as part of a broad push of the President to ward off the United States, which listen to China, which dominates the supply chains for many of the critical minerals, the western governments run to secure themselves.
The Trump government has already had discussions with the Democratic Republic of Congo about access to its minerals, and the threats of the President, Greenland approach, are partly driven by the desire to open up its rare earths.
Trump said on Thursday that a parked deal to get access to Ukrainian minerals would be signed “very soon”.
“It is a big deal in this country, and as you know, we also sign agreements in different locations to unlock rare earths and minerals and many other things around the world, but especially Ukraine,” he said.
The president signed a long-promised order of the executive to “eliminate” the US education department.
The United States is a large importer of metals, including copper and aluminum, which have a wide range of usage purposes, from construction to energy and technology as well as less well-known and rare earths that are used in defense and automotive summary.
The order on Thursday indicates the federal authorities to create a list of projects to wait for the permits “for acceleration (their review and progress” according to an official from the White House. It will also enable them to prioritize federal areas for the reduction of other uses and to provide loans for new projects through the US International Development Finance Corporation.
By calling the Defense Production Act, the President can be adopted in 1950 after the Korean War has outburden, and can mobilize the domestic industry to provide materials that are considered blatant for national defense.
Trump had previously proposed that the law was Anti-business But called several times in his first term. After the printing of legislators and health officers, he accelerated him in March 2020 during the Covid 19 pandemic to accelerate the production of hiders and personal protective equipment, but was criticized for not using his powers earlier.
Former President Joe Biden also referred to the law several times, including a lack of lack Infant And increase the extraction of minerals that are of crucial importance for the transition of green energy.
The announcement was welcomed by the US mining industry. Rich Nolan, President of the National Mining Association, said that the expansion of the industry had become a “national security requirement”.
“By promoting streamlined and transparent approval processes in combination with the financing of the support of foreign market manipulations, we can finally question China’s mineral pressing,” he said.
China has a dominant position in many mineral supply chains. Even if China does not dominate the mining of a metal, it is often a big player who is working on his workmanship – as with lithium, which is used in batteries.
According to the JPMorgan, the United States imports about 80 percent of its aluminum needs, a large part of which comes from Canada. According to Ing Bank, almost half of the copper that it consumes also imports.
