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Event Brief

Bank Provides $10B Loan for Rare-Earth Minerals

The Export-Import Bank is backing Project Vault to stockpile critical minerals, aiming to reduce reliance on China.
WHO: Export-Import Bank
WHAT: Providing a $10 billion loan
WHEN: Mar 9, 2026 at 5:00 AM ET
WHERE: Location not specified
WHY: To reduce reliance on China for critical minerals
Sources (1): New York Times

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