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News & Insights
The latest updates from AFM and the critical minerals industry.
March 10, 2026
House Passes SPEED Act: Major Federal Permitting Reform for Mining Projects
The U.S. House of Representatives passed the SPEED Act, a sweeping permitting reform bill that could reduce federal review timelines for critical mineral projects by years, addressing a key bottleneck in domestic mining development.
March 10, 2026
USA Secures $3.1 Billion Federal and Private Funding for Domestic Supply Chain
The Trump administration announced a landmark $3.1 billion deal with USA Rare Earth, including a $1.6 billion letter of intent from the Department of Commerce.
March 10, 2026
Pentagon Launches $12 Billion ‘Project Vault’ to Stockpile Critical Minerals
The administration unveiled a $12 billion strategic reserve initiative for critical minerals, including a $10 billion Export-Import Bank credit line and $2 billion in private investment, to insulate defense supply chains from foreign disruption.
March 10, 2026
Expansion of Western Basin REE Exploration Program
America First Mines has expanded its exploration footprint in the western Nevada basin, adding 5,000 acres of mineral claims targeting rare earth element deposits.
March 7, 2026
U.S. Hosts 2026 Critical Minerals Ministerial to Reshape Global Supply Chains
Secretary of State Marco Rubio hosted representatives from over 50 nations at the 2026 Critical Minerals Ministerial, launching new partnerships to diversify supply chains away from Chinese dominance.
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