Ministerial announcements include joint projects totaling over $30 billion for critical-minerals supply chains

Misleading

Facts are technically correct but framed in a way that likely leads to a wrong impression. Learn more in Methodology.

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Joint projects with a combined announced value of more than $30 billion were announced to support mining, processing, and recycling across the Americas.

Source summary

The State Department held a press briefing with Assistant Secretary Caleb Orr to discuss outcomes of the Critical Minerals Ministerial held in Washington, D.C., on February 4, 2026. The U.S. and partners launched the Forum on Resource Geostrategic Engagement (FORGE), signed bilateral framework agreements with Argentina, Ecuador, Paraguay and Peru, and announced joint projects totaling over $30 billion to bolster mining, processing and recycling across the Americas. The U.S. highlighted DFC financing for Brazilian projects, interest in building processing capacity regionally, a proposed price-floor mechanism (led by USTR), and emphasized diversification and high standards rather than targeting specific countries.

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Latest fact check

The U.S. State Department and a briefing by Assistant Secretary Caleb Orr did announce joint projects and U.S.-partner support amounting to more than $30 billion tied to critical-minerals efforts; however, official State Department materials make clear that the $30+ billion figure covers letters of interest, investments, loans and other support across domestic and international projects over the past six months, not exclusively projects “across the Americas.” Verdict: Misleading — the $30+ billion number was announced, but it is broader than the claim�that it applies only to joint projects across the Americas.

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Timeline

Update · Feb 13, 2026, 12:54 AMMisleading
The U.S. State Department and a briefing by Assistant Secretary Caleb Orr did announce joint projects and U.S.-partner support amounting to more than $30 billion tied to critical-minerals efforts; however, official State Department materials make clear that the $30+ billion figure covers letters of interest, investments, loans and other support across domestic and international projects over the past six months, not exclusively projects “across the Americas.” Verdict: Misleading — the $30+ billion number was announced, but it is broader than the claim�that it applies only to joint projects across the Americas.
Original article · Feb 12, 2026
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