“On Monday, February 2, EXIM, in coordination with the White House, announced the launch of Project Vault, an unprecedented and uniquely American decentralized approach to strengthen U.S. critical minerals supply chains. Backed by a $10 billion EXIM loan and nearly $2 billion in private-sector investment, Project Vault establishes the U.S. Strategic Critical Minerals Reserve, an independently governed public-private partnership that will store essential raw materials in secure facilities across the United States.”
Source : Week in Review: Project Vault and the U.S. Strategic Critical Mineral Reserve | EXIM.GOV