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Minnesota mining could receive a significant boost from the Trump administration’s latest critical-minerals initiative, as Washington announced more than $2 billion in funding for mining, battery materials and rare-earth alternatives, alongside more than $180 million aimed at expanding the U.S. mining workforce. According to a report by KSTP, the new funding could benefit Minnesota’s mining industry as the administration seeks to expand domestic production of critical minerals and address a growing shortage of skilled mining professionals. What Happened The Trump administration announced the funding during a push to strengthen U.S. mining and critical-mineral supply chains. The initiative includes major investments and loans for companies working on battery materials, mining an...

President Donald Trump has signed an executive order authorizing export restrictions on recoverable critical minerals and materials, expanding the administration’s efforts to strengthen domestic supply chains and reduce U.S. dependence on China for strategic resources. The move grants the Commerce Department new authority under the Defense Production Act (DPA) to limit exports of certain industrial waste that contains valuable critical minerals for recycling and reuse. According to a report by Mining.com, citing Bloomberg News, the executive action is intended to retain recoverable critical minerals within the United States and support domestic manufacturing of advanced technologies. What Happened? President Trump signed a presidential determination on July 30 that authorizes the ...