The Trump administration issued four executive actions on critical minerals: tariff relief incentives for onshoring aluminum and polysilicon production, restrictions on defense contractors sourcing minerals from China and other 'non-allied nations,' and new Defense Production Act authority letting the Commerce Secretary limit exports of critical minerals found in electronic waste and manufacturing scrap. A new minimum import price program also imposes a 15% tariff on polysilicon derivatives, with waiver authority for companies making qualifying domestic investments.
At a State Department roundtable, the President announced over $2 billion in new investments in mineral producers and 17 mining and workforce training schools, with all but one project based in the US; the exception is a $4.8 million investment in a Madagascar rare-earths mine intended to supply American manufacturers.
The full dispatch is available from the source below.