U.S. government has committed 'billions of dollars' to the critical minerals effort, according to Secretary Rubio

True

Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

Interesting: 0/0 • Support: 0/0Log in to vote

funding

The U.S. government has committed billions of dollars in support of the critical minerals initiative.

Source summary
Secretary of State Marco Rubio spoke at a Critical Minerals Ministerial in Washington, D.C., where the United States and 55 partners launched the FORGE initiative to diversify and secure global supply chains for critical minerals. The ministerial will include sessions on financing tools (including a price-forward mechanism), and the U.S. plans to sign new critical-minerals frameworks with partners; the administration also announced a presidential strategic stockpile. Rubio addressed related diplomatic issues: ongoing trilateral technical talks involving Ukraine and Russia in Abu Dhabi, possible U.S.-Iran engagement if Iran agrees to a forum and agenda, and Argentina and Morocco's potential roles in mining and processing.
Latest fact check

Multiple U.S. government agencies and White House fact sheets show federal programs and laws have directed multi‑billion‑dollar investments into critical‑minerals and related battery/mineral supply‑chain activities (examples include “nearly $20 billion” in grants/loans for batteries and battery materials cited by the Department of Commerce and multiple DOE funding announcements and DPA actions totaling hundreds of millions to billions). Therefore the State Department’s statement that the U.S. has “already committed billions of dollars” toward the critical minerals effort is accurate: available federal documents and agency announcements confirm multi‑billion commitments toward critical minerals and related supply‑chain development.

Timeline

  1. Update · Feb 05, 2026, 02:44 AMTrue
    Multiple U.S. government agencies and White House fact sheets show federal programs and laws have directed multi‑billion‑dollar investments into critical‑minerals and related battery/mineral supply‑chain activities (examples include “nearly $20 billion” in grants/loans for batteries and battery materials cited by the Department of Commerce and multiple DOE funding announcements and DPA actions totaling hundreds of millions to billions). Therefore the State Department’s statement that the U.S. has “already committed billions of dollars” toward the critical minerals effort is accurate: available federal documents and agency announcements confirm multi‑billion commitments toward critical minerals and related supply‑chain development.
  2. Original article · Feb 04, 2026

Comments

Only logged-in users can comment.
Loading…