Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Procter & Gamble to cut 7,000 jobs as...
Tesla stock sinks as Musk and Trump ridicule...
Procter & Gamble to cut 7,000 jobs as...
Trump implies government could cut contracts and subsidies...
US Capital Global Facilitates $50MM Financing to Accelerate...
Web Summit 2025: AI Innovation, Investment Shifts and...
How AI is Poised to Rewire the Foundations...
Trailbreaker Resources Announces Exchange Approval Of COHO Property...
Hempalta Provides Strategic Update Regarding Equipment Sale and...
Ford Government Pushes Bill 5 Through Legislature, Sparking...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Investing

Trump Administration Fast Tracks Permitting for Key US Mining Projects

by admin April 24, 2025
April 24, 2025
Trump Administration Fast Tracks Permitting for Key US Mining Projects

The Trump administration has fast tracked the permitting of 10 US mining projects under the FAST-41 infrastructure initiative, escalating the government’s strategy of bolstering domestic minerals output and reducing foreign reliance.

The announcement, made on April 18 by the White House and the Federal Permitting Improvement Steering Council (Permitting Council), comes in direct response to President Donald Trump’s executive order, which mandates swift and accountable action to facilitate the development of the nation’s vast mineral reserves.

“This is the first use of the Permitting Council’s transparency authority, and we look forward to showcasing the many benefits the Federal Permitting Dashboard can bring to critical infrastructure projects,” said Manisha Patel, acting executive director at the Permitting Council.

The ten projects, which include sites for lithium, copper, antimony, phosphate, potash, and metallurgical coal, have been formally granted FAST-41 status—a designation from the 2015 Fixing America’s Surface Transportation (FAST) Act that streamlines environmental reviews and interagency coordination for major infrastructure projects.

The status does not exempt them from environmental regulations but aims to cut bureaucratic delays and improve transparency by publishing real-time permitting progress on a federal dashboard.

Among the fast-tracked projects are:

  • McDermitt exploration project in Oregon — HiTech Minerals
  • Caldwell Canyon phosphate mine in Idaho
  • Lisbon Valley copper project in Utah
  • Michigan potash project
  • Libby exploration project in Montana

While some of these projects are still in exploration or environmental assessment stages, their inclusion on the dashboard signals priority status.

In practice, this means their permitting timelines will now be coordinated among relevant agencies and tracked publicly to reduce administrative redundancies that have historically delayed US mining ventures for up to a decade.

The move underscores the Trump administration’s broader policy of “American Energy Dominance,” which includes securing domestic supply chains for critical materials used in electronics, electric vehicles, clean energy technologies, and military hardware.

A recent Interior statement warned that continued dependence on imports—especially from geopolitical competitors like China—poses a threat to national security.

“For too long, duplicative processes and regulatory paralysis have delayed the development of the minerals America needs to power everything from national defense systems to smartphones,” Adam Suess, Acting Assistant Secretary for Land and Minerals Management at the Department of the Interior, emphasized in the same release.

“By cutting red tape and increasing accountability, we’re making it clear that under President Trump, the United States is serious about being a global leader in critical minerals,” Suess added.

The designation also includes expansions to lithium projects, with Albemarle’s Silver Peak Mine in Nevada—currently the only operating lithium mine in the US—now poised for accelerated expansion.

The focus on lithium, antimony, copper, and rare earth elements comes as the US seeks to diversify supply away from China, which currently dominates the global trade in many of these strategic materials.

Furthermore, the announcement follows President Trump’s directive earlier this month to launch a federal probe into possible new tariffs on all critical mineral imports, signaling a more aggressive stance toward reshoring key elements of the nation’s industrial supply chain.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Keep reading…Show less

This post appeared first on investingnews.com

previous post
’60 Minutes’ producer leaves show, citing a loss of journalistic independence
next post
What’s the Next US Copper Mine? 27 Copper Projects to Watch

You may also like

Finlay Minerals Appoints an Executive Chairman, President &...

May 13, 2025

RIU Explorers Conference – Presentation

February 18, 2025

Consensus 2025: DeFi, Stablecoins and Tokenization Signal Crypto’s...

May 27, 2025

Black Swans, White Swans and Trump’s Clash with...

December 10, 2024

Harvest Gold Soil Sampling Program Reveals Several New...

May 23, 2025

Top 11 Countries by Rare Earth Metal Production

February 27, 2025

Excellent Gold Intersections Verified at Kiimala Project

May 12, 2025

Canadian Critical Minerals Receives Offer to Purchase Interest...

October 2, 2024

Director led financing and change of Chairman

May 14, 2025

Bold Ventures Receives Assays up to 68 g/t...

January 10, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 9, 2025
    • Tesla stock sinks as Musk and Trump ridicule each other

      June 9, 2025
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 8, 2025
    • Trump implies government could cut contracts and subsidies to Musk’s companies

      June 8, 2025
    • US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

      June 7, 2025
    Promotion Image

    banner ads

    Categories

    • Business (709)
    • Economy (829)
    • Investing (2,152)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved