Taken From Another Forum25 Apr 2025 14:54
Just copied from Pensana (PRE) Forum
Could this apply to MET1?
OKLAHOMA CITY — The Trump administration is considering investing in companies that mine and process critical minerals in an effort to end U.S. dependence on imports from countries including China, Interior Secretary Doug Burgum said this week. “We should be taking some of our balance sheet and making investments,” Burgum said late Wednesday at a conference organized by the Hamm Institute for American Energy. The U.S. may need to make an “equity investment in each of these companies that’s taking on China in critical minerals,” he said.
“We have to get back in the game,” Burgum said, referring to mining. “It’s not just drill, baby, drill. It’s mine, baby, mine. If we don’t do that as a country, we will not be successful. We will literally be at the mercy of others that are controlling our supply chains.”
The administration is also considering a sovereign risk insurance fund to protect corporate investments in approved projects, Burgum said.