35.4 C
Delhi
Sunday, June 1, 2025

Trump signs executive order to ramp up critical minerals production

Date:

Share post:

Donate-GC-Razorpay

Washington: U.S. President Donald Trump announced on Thursday that he had signed an executive order to enhance domestic production of critical minerals and rare earths.

“The United States was once the world’s largest producer of lucrative minerals, but overbearing federal regulation has eroded our nation’s mineral production,” Trump said in the order.

The order leverages the Defense Production Act (DPA) to provide financing, loans and other investment support for domestic mineral processing.

It also directs federal agencies to identify mines that can be quickly approved and federal lands, including those controlled by the Pentagon, that could be used for minerals processing.

Related articles

Foreigner detained near Army HQ in Shimla; Himachal youth arrested in separate case

Shimla/Dehra: Security agencies have heightened surveillance in Himachal Pradesh after two back-to-back incidents raised national security concerns —...

U.S. SC allows Trump administration ending humanitarian parole for 500,000-plus migrants

New York: U.S. Supreme Court on Friday lifted a federal district court order that kept humanitarian parole protections...

Israel warns Hamas to accept U.S. envoy’s Gaza ceasefire deal “or be destroyed”

Jerusalem: Israeli Defence Minister Israel Katz on Friday warned Hamas to accept the Gaza ceasefire deal proposed by...

Sudan receives 2.9 mln cholera vaccine doses amid surge in cases: Health Ministry

Khartoum: The Sudanese Ministry of Health announced on Friday that it has received over 2.9 million doses of...