Bloomberg News: Copper and Silver Join Revamped US List of Critical Minerals
Article by Jacob Lorinc in Bloomberg News
The US added copper, silver and uranium to a government list of critical minerals as the Trump administration broadens its scope of what commodities it deems vital to the American economy and national security.
The updated US Geological Survey list adds 10 minerals to bring the total to 60, including metallurgical coal, potash, rhenium, silicon and lead, according to a US government site. It includes 15 rare earth elements. The list replaces a 2022 version.
The USGS list dictates what commodities are included in the Trump administration’s Section 232 probe into processed critical minerals and derivative products announced mid-April, which could lead to tariffs and trade restrictions. President Donald Trump has made it a priority to bolster domestic supply of these minerals, arguing that an over-reliance on foreign supplies jeopardizes national security ......