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Donald Trump has launched a $12 billion initiative, Project Vault, to establish a strategic mineral reserve aimed at reducing U.S. reliance on Chinese rare earth elements. The program will leverage $1.67 billion in private investment alongside a $10 billion loan from the Export-Import Bank, enabling key industries like automotive and technology to secure essential minerals. Over a dozen major companies, including General Motors and Boeing, are participating, with the Export-Import Bank set to vote on the loan approval, marking a significant financing effort in response to recent supply chain vulnerabilities.