Trump Will Meet With Mining Company Executives

TechFlow News, August 7: U.S. President Trump will convene a meeting with executives of some major global mining companies at the U.S. State Department on August 7 local time, aiming to take actions to "secure the supply of critical minerals for the U.S. and its allies." According to Reuters, the U.S. is currently in urgent need of critical minerals to replenish weapon stocks depleted during the conflict with Iran.

The report states that industry giants expected to attend include global mining giant Rio Tinto Group, Australian BHP Group, U.S. Freeport-McMoRan Inc., U.S. Mountain Pass Materials Company, U.S. Rare Earth Company, U.S. Energy Fuels Inc., and Canadian Metal Company, among others. According to sources, the Trump administration plans to announce multiple deals and memorandums of understanding. (Jin10)