EL7.AI
StocksMedium•13 November 2026•
1 min read

Trump Administration Inks 160 Mineral Deals Worth $40B to Rival China

Key Facts

1The Trump administration has entered into 160 mining and minerals deals worth $40 billion to break China's grip on critical supply chains.
2The federal government has entered into equity deals with companies including MP Materials, Lithium Americas, and Trilogy Metals.
3Democrats plan to unleash legal and committee scrutiny on these mineral deals when they take control of Congress in January.

The Trump administration has entered into 160 mining and minerals deals worth $40 billion to break China's grip on critical supply chains. ZeroHedge reported that the federal government has entered into equity deals with companies including MP Materials, Lithium Americas, and Trilogy Metals. The initiative aims to challenge Beijing's quasi-monopoly on minerals essential for defense and technology, which the administration views as a national security priority.

Democrats plan to unleash legal and committee scrutiny on these mineral deals when they take control of Congress in January. Regarding market performance, MP closed at $37.45 and LAC closed at $1.63 on November 12, 2026. On the same date, TMQ recorded a close of $2.02, while USAR closed at $8.07.

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