President Donald Trump is set to launch a strategic critical-minerals stockpile, known as Project Vault, with $12 billion in seed money. The funding source is $1.67 billion in private capital and a $10 billion loan from the US Export-Import Bank.
The goal is to procure and store the minerals for automakers, tech firms and other manufacturers by insulating manufacturers from mineral supply shocks and reduce reliance on Chinese rare earth minerals and metals.
The US Export-Import Bank (EXIM) is the official export credit agency (ECA) of the United States federal government that operates as a wholly owned federal government corporation. EXIM assists in financing and facilitating U.S. exports of goods and services when private sector lenders are unable or unwilling to provide funding.
US rare-earths stocks (USA Rare Earth Inc., Critical Metals Corp., NioCorp Developments Ltd, and United States Antimony Corp.) rose in premarket trading Monday, February 2, 2026 after unsourced news was leaked about the Trump administration’s plan.
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United States Antimony Corp. (UAMY)