In recent days, Freeport-McMoRan has been in focus after China moved to expand its strategic copper reserves and the US launched Project Vault, a government-backed initiative to build a large minerals stockpile with public loans and private capital. Together, these policy steps highlight how national stockpiling of critical materials can reshape expectations for copper demand…
The United States has announced it will be investing $1.3 billion in Pakistan’s Reko Diq mine as part of its “Project Vault’. This project, announced by the State Department on Wednesday, aims to “reshape the global market for critical minerals and rare earths.” Based on the data provided by the State Department, Reko Diq is…
U.S. President Donald Trump is set to launch a strategic critical minerals stockpile with $12 billion in seed money, Bloomberg News reported on Monday, citing people familiar with the matter. The reported move would mark Washington’s latest attempt to offset what policymakers view as Chinese manipulation of prices for lithium, nickel, rare earths and other…