28 Sep 2025 | 5 Mins Read
Trump supports critical mineral companies with government power
Flipitmoney
The Trump administration needs to strike multiple deals with US miners to secure the nation's rare earth supply chain due to China controlling 70% of imports. Mark Chalmers, CEO of Energy Fuels, supports this, citing the MP Materials deal and the risk of backing a single national champion, as rare earths are crucial for defense platforms, electric vehicles, and consumer products.