Officials say Congress provided $2 billion to stockpile minerals in the national defense stockpile

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funding

Congress appropriated $2 billion for stockpiling minerals in the national defense stockpile.

Source summary
The U.S. hosted the Critical Minerals Ministerial in Washington on February 4, 2026, where senior officials including Vice President J.D. Vance and Secretary of State Marco Rubio outlined a U.S.-led plan to diversify and secure global critical minerals supply chains. The administration proposed a preferential trade zone with enforceable price floors and adjustable tariffs, announced Project Vault (a $12 billion strategic minerals reserve), and detailed domestic measures — investment, stockpiling, protection of mining companies, and permitting reform — to rebuild mineral production and processing. Japan and other partners endorsed diversification and multilateral cooperation through initiatives such as FORGE.
Latest fact check

I attempted to retrieve primary sources (the enacted text of P.L. 119-21 and related congressional documents) to verify the $2 billion appropriation but could not access the full legislative text due to temporary fetch/time-out errors. Please retry after 2026-02-05.

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Timeline

  1. Scheduled follow-up · Feb 05, 2026overdue
  2. Update · Feb 05, 2026, 04:13 AMTech Error
    I attempted to retrieve primary sources (the enacted text of P.L. 119-21 and related congressional documents) to verify the $2 billion appropriation but could not access the full legislative text due to temporary fetch/time-out errors. Please retry after 2026-02-05.
  3. Update · Feb 05, 2026, 02:53 AMTrue
    Congress provided $2 billion in FY2025 for purchases to expand the National Defense Stockpile (via the National Defense Stockpile Transaction Fund) in the defense reconciliation law (the One Big Beautiful Bill, P.L. 119-21) signed July 4, 2025. Multiple legal analyses and government summaries cite Section 20004 (or Title II allocations) authorizing $2.0 billion to boost the NDSTF for critical/strategic minerals; therefore the statement is True: Congress did provide $2 billion to stockpile minerals in the National Defense Stockpile.
  4. Completion due · Feb 05, 2026
  5. Original article · Feb 04, 2026

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