From CNBC.

The Trump administration is launching Project Vault, a partnership with private industry to ramp up production of critical minerals in the U.S. CNBC’s Pippa Stevens shares how this effort could impact businesses like GE, Alphabet and General Motors while backstopping large-scale miners like MP Materials and USA Rare Earth.

Reporting by: Pippa Stevens
Produced by: Magdalena Petrova, Carlos Waters
Edited by: Darren Geeter
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to get ahead at work with AI? Sign up for CNBC’s new online course, Beyond the Basics: How to Use AI to Supercharge Your Work. Learn advanced AI skills like building custom GPTs and using AI agents to boost your productivity today. Sign up today: https://cnb.cx/4qKBe6H

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC

Why The U.S. Is Spending $12B To Stockpile Critical Minerals