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US export bank approves $10bn critical minerals stockpile reserve loan

( February 2, 2026, 23:31 GMT | Official Statement) -- MLex Summary: The US Export-Import Bank's board of directors approved a loan of up to $10 billion to seed Project Vault, the Trump administration's stockpile for critical minerals in facilities across the country. The loan will support original equipment manufacturers, including Clarios, GE Vernova, Western Digital and Boeing, according to EXIM, and suppliers for the project, including Hartree Partners, Mercuria Americas and Traxys. Statement follows:...

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