Post #508

What Will They Make from Our Resources? [ Global ] 🇺🇸 The Trump administration has once again decided to create something new and beautiful—this time, a reserve of critical minerals for civilian industry, poetically named "Project Vault." It’s reported that companies like Clarios (batteries), GE Vernova (green energy infrastructure), Western Digital (computers), and Boeing (aircraft) will have access to this stash. The project will operate primarily on a $10 billion loan from the government’s Export-Import Bank. The scheme is as follows: these funds will be used to purchase mineral raw materials abroad and bring them to the U.S., where domestic consumers will buy them. The trader Mercuria has already announced its participation in Project Vault. Recently, authorities in the Democratic Republic of the Congo promised to sell it 100,000 tons of copper in 2026. So now we know that the Congolese copper won’t be taken away into the unknown—it will end up at very specific Boeing factories. 💰By creating this transit reserve, the US is once again attempting to address China’s dominance in mining and processing. However, it remains unclear whether it may really help make the US competitive compared to China. At first glance, it looks more like an attempt to profit from trade intermediation. #Global ➡️ Stay informed - @devilsbelow