That said, a 2021 executive order mandating US-sourced minerals - potentially good news for us:
Domestic production
Another executive order, called ‘Made in America’ was issued on January 25, and it seeks to protect US manufacturing.
that US Department of Defense
The order revokes similar orders issued during the Trump Presidency, but it generally maintains the protectionist stance through regulations that “require, or provide a preference for, the purchase or acquisition of goods, products, or materials produced in the United States, including iron, steel, and manufactured goods offered in the United States.”
This Order has two principal impacts:
It signals to federal agencies, including the Department of Defense, that they should source minerals and ores that are mined in the US.
It underpins a commitment to invest in American manufacturing, including in aspects of manufacturing that relate to clean energy and critical supply chains.
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