Trump touts $3 billion in minerals projects to counter China

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President Donald Trump touted $3 billion in US investments in critical minerals mining at a meeting Friday with top industry executives aimed at weaning the US off supply chains dominated by China. Trump said the projects would “create thousands of jobs and promote our economic stability and security,” at an event at the State Department. “We’re putting our miners back to work, and we’re reclaiming America’s rightful place as the minerals superpower of the world,” he added. Trump said the investments included a $1.4 billion loan agreement with Sila Nanotechnologies Inc. from the Defense Department’s Office of Strategic Capital to…

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