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Event Brief

Pentagon secures $1.2B rare earth mineral loans

The Pentagon inked two rare earth mineral loans totaling $1.2 billion.
WHO: Pentagon
WHAT: Signed two rare earth mineral loans totaling $1.2 billion
WHEN: Jun 18, 2026 at 1:24 PM ET
WHERE: USA
WHY: To secure germanium, gallium, and rare earths needed for scaling weapons production.

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