Pentagon to invest $560m in NSW critical minerals project

The Pentagon is investing more than half a billion dollars to expand an Australian critical mineral project poised to become the world's first scandium mine.

Minerals including rare earths, tungsten, germanium and scandium are essential for precision-guided missiles and other advanced weapons.

Trump administration to invest $3 billion into minerals projects to boost US defense supply chains  Reuters

Trump announces $3bn in mining projects as part of critical minerals push  thenationalnews.com

The US will ban exports of tungsten scrap and recycled battery materials from later this month, less than a week after President Donald Trump handed authorities power to keep potentially critical materials inside the country.

Aug 4 - Lockheed Martin is in talks to buy supplies of two critical minerals from U.S. mines, two sources familiar with the discussions said, as President Donald Trump pressures defense contractors to cut reliance on China.