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Trump administration active in critical raw materials

Posted on - 09 May 2025

Category - News & Views

The Trump administration has agreed to fast-track 10 mining projects, including three lithium projects, as part of its FAST-41 programme. These include Albemarle’s Silver Peak mine in Nevada, Jindalee’s  McDermitt sedimentary project in Oregon and Standard Lithium’s Southwest Arkansas brine project. The news came as the President ordered a probe into potential tariffs on all US critical minerals imports under Section 232 of the Trade Expansion act. The Commerce Dept has 180 days to report its findings. President Trump also signed an executive order aimed at boosting the deep-sea mining industry. Although the action has already been condemned in many...

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Topics

Critical Materials Deep sea mining Lithium pricing Section 232 Trump administration