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Serenity: White House's Increased Key Mineral Investment a Major Policy Shift, Further Funding Expansion Needed
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BlockBeats News, August 8th, Serenity's post indicated that the White House has finally started to increase investment in the critical minerals and materials sector, which is a "pleasant surprise" policy move that will help drive the construction of the U.S. critical supply chain.

On the public company side, FEAM received $8 million in funding, mainly for boron material development; HREE received $4.8 million in funding, focusing on magnetic rare earth materials. In addition, the U.S. government has also invested in private enterprises, including a $150 million investment in Niron Magnetics and an $85 million investment in Standard Bauxite.

Serenity believes that for the U.S. government, this level of funding is just "pocket money," but it can leverage a large number of downstream industrial applications, which is significant for reducing the risk of the critical materials supply chain.

However, he stated that the current level of investment is still insufficient to fully address the supply chain issues, and future efforts will need to further increase funding support to accelerate the implementation of critical mineral projects and reduce the development risks of the industry chain.

Serenity emphasized that he does not personally hold shares in the above-mentioned companies, only recognizing the direction of this policy.

ソース:BlockBeats

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