JPMorgan launches $1.5trn initiative to boost critical industries including minerals

View: Source JPMorgan Chase plans to invest up to $10bn in direct equity and venture capital to support select US companies. JPMorgan Chase has unveiled a major Security and Resiliency Initiative, pledging up to $1.5trn over the next decade to facilitate, finance and invest in industries considered critical to national economic security. The initiative aims to address urgent requirements in important …

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China’s rare earth exports fall sharply in September

View: Source China’s rare earth exports fell 31% in September from August, customs data showed on Monday, the third straight month of declines. New controls that were introduced by China last week have threatened a trade truce with Washington and the three months of declines are expected to raise questions about its agreements with Europe and the U.S. to ramp up exports after …

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Pentagon Plans $1B Critical Minerals Buying Spree

View: Source The War Department reportedly moved to buy up to $1 billion in critical minerals as part of an accelerated stockpiling strategy aimed at reducing reliance on Chinese supply chains. The Pentagon’s Defense Logistics Agency outlined the bolstered effort in recent filings, the Financial Times reported Saturday night. “They are incredibly focused on the stockpile,” a former defense official told FT. …

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