The US government recently rolled out Project Vault, a $12 billion scheme to stockpile rare earths and critical minerals, aiming to shield American companies from global supply disruptions.
About Project Vault:
It is launched by the United States to stockpile rare earths and critical minerals, aiming to shield American companies from global supply disruptions.
It is a public-private partnership that will buy and store critical minerals and rare earth elements.
These minerals are used in products such as smartphones, batteries, jet engines, and electric vehicles.
The project is similar to the US Strategic Petroleum Reserve, which stores emergency oil supplies. However, instead of crude oil, Project Vault will focus on minerals.
Dear Student,
You have still not entered your mailing address. Please enter the address where all the study materials will be sent to you. (If applicable).
