Rare earths get bulk of Trump’s ‘uneven’ $18.6B funding despite small role

AI Summary

The U.S. government's significant funding for rare earths has drawn attention due to its disproportionate allocation, with $18.6 billion designated despite the relatively small role of these materials in broader environmental strategies. The breakdown includes loans, equity investments, and grants.

The funding breaks down into about $15.9 billion in loans, $2.1 billion in equity investments and $615 million in grants, says BMO.