Whether through critical minerals, a strategic reserve, or a sovereign fund, this administration is considering several ideas. "We need to return to mining industry in the United States."
Mining in the United States is crucial for ensuring access to critical minerals that are essential for both the economy and defense and technology. Mineral resources play a key role in the development of critical industries, from the manufacturing of electronic devices to the production of advanced military equipment. Without these minerals, the country would not be able to maintain its technological leadership or defense capabilities. Additionally, minerals are vital for the energy transition, as they are needed for the manufacturing of batteries and renewable energy systems.
In this context, domestic mining is seen as a strategic solution to reduce dependence on foreign sources, especially in an environment where countries like China have adopted deliberate policies to block access to these resources. China has used its control over global mineral supply chains to influence prices and the competitiveness of US companies. Therefore, increasing mineral production within the United States not only ensures access to these vital resources but also protects US companies from unfair trade practices.
Furthermore, mining contributes to national security, as many of these minerals are crucial for the manufacturing of defense technologies, such as communication systems, energy systems, and military vehicles. If the United States wants to remain the world's strongest economic power, it must secure a constant and reliable source of these essential minerals. To achieve this, it is necessary to reinvest in the local mining industry, with policies that promote the sustainable exploration and extraction of these resources, thus ensuring long-term economic competitiveness and national security.
