US President Trump signed a measure on Thursday authorizing the government to impose export restrictions on some industrial waste in accordance with the Defense Production Act to preserve the key minerals and rare elements contained in it. The move is the latest move by the Trump administration to secure the supply of critical minerals. The White House said that finished products such as magnets and lithium-ion batteries in the US contain a large amount of key recyclable minerals and materials, and these resources can be “recovered and reused” from related products.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.