Rare earth and critical mineral stocks rallied as the Trump administration continued to promote its most aggressive step yet to decouple American industry from Chinese mineral supply chains. 

The sector reacted on Tuesday to the formal launch of Project Vault, a massive $12 billion public-private partnership aimed at insulating the U.S. economy from global resource volatility.

CRML stock is climbing. See the chart and price action here. 

Rare Earth Funding Approved

On Monday, the U.S. Export-Import Bank (EXIM) announced the funding of a direct loan of up to $10 billion to Project Vault to provide long term financing of the critical minerals and rare earths reserve. 

🔒PROJECT VAULT: America's economy depends on critical minerals—the building blocks revitalizing American industry and strengthening our supply chains.That's why EXIM has launched Project Vault: the U.S. Strategic Critical Minerals Reserve. 🇺🇸

— U.S. Export-Import Bank (@EximBankUS) February 3, 2026

More than a dozen major companies, including General Motors, Stellantis, Boeing, Corning, GE Vernova and Google, ...