Donald Trump causes wartime powers to increase US minerals production

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Donald Trump addressed the powers of wartime as part of extensive efforts to increase the production of US minerals and stop depending on China for critical resources.

On Thursday, the President signed the executive order by applying for the use of the production law for the mobilization of industry and expanding the production of domestic minerals on the territory of national security.

The order also instructs the government to streamline the project permit and provide loans to enhance internal the mining industry.

Speaking from the White House on Thursday, Trump He said that the order “sharply increased the production of critical minerals and rare land”.

The Directive, which was heralded in Trump’s appeal to Congress this month, became part of the wide push of the President to wean the US on China’s dependence, which dominates the supply networks for many critical minerals that are racing.

The Trump administration has already negotiated with the Democratic Republic of the Congo over access to its minerals, and the threats of the president to the app Greenland are partly due to the desire to press rare land.

On Thursday, Trump said the delay to access Ukrainian minerals will be signed “very soon”.

“This is a big thing in this country, and, as you know, we also sign agreements in different places to unlock rare land and minerals and many other things around the world, but in particular Ukraine,” he said.

The president spoke before signing the promised executive order to “start liquidation” of the US education department.

The United States is the main importer of metals, including copper and aluminum that has a wide range of use: from construction to energy and technology, as well as less known, such as rare land used in defense and car sectors.

According to the White House official, on Thursday, federal agencies ordered a list of projects that are expected to agree “to accelerate (their) revision and promotion.” It will also allow them to prioritize federal land for mining over other use and provide loans for new projects through the US Development International Corporation.

By contacting the Protection Act adopted in 1950 after the start of the Korea war, the president can mobilize the internal industry for the supply of materials that are considered critical for national defense.

Previously Trump suggested the law was Anti-business But in the first term she addressed him several times. After pressure from legislators and medical officials, he used it to accelerate the production of fans and personal protective equipment in March 2020 during the Covid-19 pandemic, but was criticized for not using their powers before.

Former President Joe Biden also referred to this act several times, including the lack of lack infant formula and increase the production of minerals important for the transition of green energy.

The announcement welcomed the American mining industry. Rich Nolan, President of the National Mining Association, said the expansion of the industry became “imperative national security”.

“By encouraging orderly and transparent resolution processes combined with financial support to counteract the foreign market, we can finally challenge China’s extortion,” he said.

China holds a dominant position on many networks of minerals. Even where China is not dominated by metal prey, it is often a great player like the lymphea used in the batteries.

According to JPMorgan, the United States imports about 80 percent of its aluminum needs, most of which come from Canada. According to Ing Bank, it also imports almost half the copper it consumes.