United States Announces Strategic Critical Minerals Reserve and Sunrise Energy Metals Eyes Role

President Donald Trump announced a twelve billion dollar stockpile for critical minerals. Sunrise Energy Metals expects its Australian project to join the plan.

Insights:
On February 4, 2026, President donald trumpannounced a plan to create a strategic stockpile of critical minerals for the United States USUS. The initiative involves $10 billion in seed funding from the U.S.Export-Import Bank and $2 billion from private capital, totaling $12 billion. The announcement was made during an Oval Office meeting that included robert friedland, the co-chair of Sunrise Energy Metals Limited , representing producers, and mary barra, the CEO of General Motors Company , representing industrial users.
An illustration shows a block featuring the symbol, atomic number, and mass number of the element Scandium (Sc), taken January 21, 2026. REUTERS/Dado Ruvic/Illustration
An illustration shows a block featuring the symbol, atomic number, and mass number of the element Scandium (Sc), taken January 21, 2026. REUTERS/Dado Ruvic/Illustration
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