President Trump pointed out that China produces more than 3,000 mining engineers a year, while the United States produces fewer than 170. The United States indicated its intention to secure domestic resources through measures including agreements on critical minerals.
US President Trump pointed to the disparity in the supply of mining engineers, saying that China produces more than 3,000 a year, compared with fewer than 170 graduates annually from accredited mining programs in the United States. He also said that approximately half of the US mining workforce is expected to retire within the next 3 years.
On the 7th, the United States announced that it had signed agreements on critical minerals with multiple mining companies. The move was reportedly aimed at curbing China’s dominance in the production and processing of strategic materials.
The initiative reportedly includes approximately $2 billion in investment in multiple mining projects in the United States and overseas, as well as a contribution of more than approximately $180 million to develop the mining workforce.