Trump's $12-bn 'Project Vault' stocks up minerals to counter China

Donald Trump and US Export-Import Bank (EXIM) Chairman John Jovanovic announced 'Project Vault', to ensure US firms and workers "are never harmed by any shortage." It is a $10-billion loan from EXIM and a $2-billion private funding to establish the US Strategic Critical Minerals Reserve, an independently run supply chain security initiative, to stock critical minerals across the US.