The Trump administration has agreed to provide more than 2 billion US dollars to battery and key mineral producers to further increase government capital investment, with the goal of getting rid of America's dependence on Chinese suppliers. A White House official revealed that President Trump plans to announce at a roundtable with mining executives on Friday that the Department of Defense has promised a $1.4 billion loan to next-generation battery company Syrah Nanotech and signed agreements with three other companies. All kinds of devices, from drones to data centers running artificial intelligence models, require higher-performance batteries, so the government prioritizes local production. The US is concerned that key components of weapons and equipment needed by the Pentagon are dependent on other countries, which has prompted the government to launch large-scale loans of tens of billions of dollars. The Ministry of National Defense has a dedicated office, equipped with bank practitioners and other professionals, responsible for accurately investing funds into appropriate projects. The central topic of the round table held at the US State Department on Friday was to expand local production capacity for batteries and metals. Secretary of State Rubio is expected to attend the conference.

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