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Former US President Donald Trump has launched Project Vault, a multi-billion-dollar initiative aimed at creating a national stockpile of critical minerals vital for American industry, defense, and clean energy technologies. The project is designed to reduce US dependence on China’s mineral supply chain, strengthen national security, and stabilize domestic manufacturing. Critical minerals such as lithium, rare earth elements, and cobalt play a key role in electric vehicles, semiconductors, and military systems. Project Vault signals a major shift in US economic and geopolitical strategy, emphasizing supply chain resilience, industrial independence, and long-term economic security amid rising global competition.
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