Trump to host mining CEOs as administration seeks minerals for defence supply chains

Bloomberg08-07 23:38

WASHINGTON — U.S. President Donald Trump will convene executives from some of the world’s largest mining companies at the State Department on Friday as his administration intensifies efforts to secure...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2657647112?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/7UNBFR53AUSKZ6CJYDSQADAAWU.jpg?smart=true&auth=be62b37e69825f4649252dbbe13c4aa9d0bfb4da3b698a0b28e3ae2ddd57a1d1&width=500&height=333","is_english":true,"pubTime":"2026-08-07 23:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657647112","market":"nz","top_or_hot":-1,"title":"Trump to host mining CEOs as administration seeks minerals for defence supply chains","media":"Bloomberg","content":"<div>\n<p>WASHINGTON — U.S. President Donald Trump will convene executives from some of the world’s largest mining companies at the State Department on Friday as his administration intensifies efforts to secure...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2026/08/07/trump-to-host-mining-ceos-as-administration-seeks-minerals-for-defence-supply-chains/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump to host mining CEOs as administration seeks minerals for defence supply chains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump to host mining CEOs as administration seeks minerals for defence supply chains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-07 23:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/international/2026/08/07/trump-to-host-mining-ceos-as-administration-seeks-minerals-for-defence-supply-chains/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON — U.S. President Donald Trump will convene executives from some of the world’s largest mining companies at the State Department on Friday as his administration intensifies efforts to secure...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2026/08/07/trump-to-host-mining-ceos-as-administration-seeks-minerals-for-defence-supply-chains/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/international/2026/08/07/trump-to-host-mining-ceos-as-administration-seeks-minerals-for-defence-supply-chains/","article_id":"2657647112","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/7UNBFR53AUSKZ6CJYDSQADAAWU.jpg?smart=true&auth=be62b37e69825f4649252dbbe13c4aa9d0bfb4da3b698a0b28e3ae2ddd57a1d1&width=500&height=333"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/business/international/2026/08/07/trump-to-host-mining-ceos-as-administration-seeks-minerals-for-defence-supply-chains/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2657647112","pubTimestamp":1786117080,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"U.S. President Donald Trump will convene executives from some of the world’s largest mining companies at the State Department on Friday as his administration intensifies efforts to secure domestic and allied supplies of critical minerals, a cornerstone of its national security and industrial policy.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","T43.SI":"云能国际股份","AAPD":"1倍做空AAPL ETF-Direxion","APLY":"AAPL期权收益策略ETF-YieldMax","BK4588":"碎股","BK6515":"技术设备股","BK6085":"保健护理产品经销商","AAPU":"2倍做多AAPL ETF-Direxion","ITA":"iShares Dow Jones U.S. Aerospace","RKNG":"Defiance Retail Kings ETF","AAPY":"AAPL收益溢价策略ETF-Kurv","GUNR":"全球上游自然资源ETF-FlexShares","AAPW":"AAPL周配息ETF-Roundhill","AAPB":"2倍做多AAPL ETF-GraniteShares","AAPX":"2倍做多Apple ETF-T-Rex"},"translate_title":"特朗普将接待矿业首席执行官，政府寻求国防供应链矿产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ITA":1.5,"T43.SI":1.5,"AAPB":1.5,"AAPD":0.6,"AAPX":0.6,"APLY":0.6,"AAPW":0.6,"RKNG":1.5,"AAPY":0.6,"GUNR":1.5,"AAPU":0.6},"content_text":"WASHINGTON — U.S. President Donald Trump will convene executives from some of the world’s largest mining companies at the State Department on Friday as his administration intensifies efforts to secure domestic and allied supplies of critical minerals, a cornerstone of its national security and industrial policy.The White House needs critical minerals to replenish weapons stockpiles depleted during the Iran conflict and reduce U.S. dependence on Chinese supply chains.U.S. forces have burned through large numbers of precision-guided missiles and air-defense interceptors during the five-month-long Iran war. Defense officials and lawmakers have warned that replenishing some inventories could take years given existing production constraints, even as the Trump administration has disputed reports of significant shortages.Latest updates on international news hereSupplies of minerals including rare earths, tungsten, germanium and scandium are essential for manufacturing precision-guided missiles, fighter aircraft, armored vehicles, infrared sensors and other advanced weapons systems, according to Pentagon officials and defense companies.The White House frequently uses roundtable events to showcase support from corporate executives, surrounding Trump with industry leaders who praise his policies and highlight the administration’s economic priorities. The format allows companies to publicly endorse White House initiatives while giving Trump a platform to emphasize his efforts to boost investment, manufacturing and U.S. competitiveness.Industry heavyweights including Rio Tinto Group, BHP Group and Freeport-McMoRan Inc, along with MP Materials Corp, USA Rare Earth Inc, Energy Fuels Inc and The Metals Company, are expected to attend.The administration plans to announce a handful of deals and memorandums of understanding, according to a person familiar with the planning of the event.It is also seeking to address a shortage of engineers, geologists, miners and technicians needed to expand the domestic mining industry.Earlier on Friday, the Department of Energy is expected to host representatives from all 14 accredited U.S. mining schools to promote mining careers and encourage more students to enter the field.Officials have pointed to China’s extensive network of mining universities as a key advantage in its dominance of global mineral production.Since returning to office, Trump has launched a $12 billion strategic minerals stockpile, backed equity investments in companies developing U.S. mines and processing facilities, and sought to limit defense contractors from relying on supplies from China.The administration says government support is needed to counter decades of Chinese investment that left Beijing dominant in the mining and processing of many strategic minerals.(Reporting By Jarrett Renshaw; Editing by Colleen Jenkins and Nia Williams)Related StoriesU.S. Army selects Titan, REalloys to build critical mineral processing sitesCanada unlocks $12B in critical mineral deals as minister calls supply chains ‘national security’Anand in D.C. as Trump administration makes the case for critical mineral trade zoneOpens in new window","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2657647112","isCrawlerRequest":true}