President Trump at an August 7 industry roundtable announced over $180 million in investments to bolster the nation’s universities that still have mining engineering and other mining-related programs. The President also announced over $2 billion in investments in mining and mining-related projects nationwide.
The actions build on the February Critical Minerals Ministerial, at which multiple Trump Cabinet members hosted representatives of 54 countries and the European Commission as a first step in reshaping the global market for critical minerals and rare-earths.
At that meeting, the Export-Import bank, the Departments of Energy and War, and other agencies announced more than $30 billion for new projects to secure critical mineral supply chains. The Trump administration has signed or approved 160 minerals deals totaling almost $40 billion.
The $180 million for mining education, however, may be the linchpin for ensuring a skilled domestic workforce to revitalize a major U.S. industry whose decline was spurred by environmentalists damning mining as a “polluter.”
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