Trump administration active in critical raw materials
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...
Topics
Critical Materials
Deep sea mining
Lithium
pricing
Section 232
Trump administration