U.S. Launches $12B Strategic Minerals Initiative Amid Global Supply Chain Realignment

The United States has initiated Project Vault, a $12 billion strategic program designed to establish a national reserve of critical minerals and rare earth elements. This substantial investment reflects a calculated effort to fortify domestic supply chains and diminish dependence on foreign processing centers, particularly those in geopolitically sensitive regions. The timing coincides with high-level diplomatic engagements, including the current visit of Indian External Affairs Minister S. Jaishankar for discussions on mineral security and bilateral trade. Analysis indicates this move is a direct response to persistent vulnerabilities in global resource networks, aiming to secure materials essential for advanced technologies, defense systems, and renewable energy infrastructure. The initiative signals a broader strategic pivot toward resource sovereignty and economic resilience, potentially reshaping international mineral markets and alliances. Its implementation will be closely monitored for its impact on global trade dynamics and technological competitiveness.