News Focus
News Focus
Followers 13
Posts 2312
Boards Moderated 0
Alias Born 12/23/2011

Re: AlwaysOptimistic post# 117466

Tuesday, 03/11/2025 9:56:44 AM

Tuesday, March 11, 2025 9:56:44 AM

Post# of 128986
Not sure what this is about as we already have one that was signed into law by FDR in 1939:

Trump does not plan in the order to establish a U.S. critical minerals stockpile that would mimic the Strategic Petroleum Reserve, the sources said, a step that some in the administration and mining industry had sought.


https://uscode.house.gov/view.xhtml?path=&req=%28title%3A50+section%3A98+edition%3Aprelim%29&f=&fq=&num=0&hl=false&edition=prelim

https://crsreports.congress.gov/product/pdf/R/R47833

As of March 2023, the National Defense Stockpile contains $1.3 billion in total assets, including $912.3 million of stockpiled material. As of April 2023, current NDS inventory mitigates less than half of estimated strategic and critical materials shortfalls for military requirements; less than 10% of essential civilian demand shortfalls; and approximately 6% of total net shortfalls in “base case” national emergency scenarios. The vast majority of the $13.5 billion gap between current stockpile assets and current stockpile requirements would support nondefense critical infrastructure demand in the event of an attack on the United States.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NB News