Executive Order to Accelerate and Fund Projects
U.S. President Donald Trump aims to boost domestic production of critical resources through immediate measures. Ensuring national security requires urgent action to maximize domestic mineral production, according to an executive order issued Thursday. The order allows mining and processing projects for critical resources to receive immediate approval or expedited review.
Additionally, mining on federal land will take priority over other land uses if valuable mineral deposits are present. The order also addresses financing: bureaucratic hurdles for loans will be reduced, and a dedicated fund for domestic investments in the resource sector is planned.
Shortly after signing the order, President Trump announced, according to Reuters, that the U.S. would soon sign an agreement on minerals and natural resources with Ukraine. The topic has recently drawn international attention. The topic has recently drawn international attention.
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