The US is focused on reducing imports of critical minerals essential for technology and military uses. With a projected market nearing $500 billion by 2030, the US imports many critical minerals, primarily from China. The Trump administration prioritizes domestic manufacturing and mining, implementing tariffs on imported metals. While rebuilding the domestic supply could boost the economy and security, it also risks supply gaps and higher material costs. Startups are employing AI to enhance mineral discovery, but skepticism remains regarding AI's effectiveness in this heavily regulated industry.
The US is pushing to reestablish its dominance in mineral production, making domestic manufacturing a national priority and boosting mining on American soil in response to rising demand.
With a projected global critical minerals market reaching nearly $500 billion by 2030, the US still imports 100% of 12 out of 50 designated critical minerals, including graphite and gallium.
Startups are betting on AI to discover new mineral deposits, with companies like Earth AI utilizing predictive software and proprietary drilling hardware for early successes.
Rebuilding the domestic mineral supply could strengthen the economy and improve national security, but it may also lead to supply gaps and increased costs of innovative materials.
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