Glencore to create US strategic critical minerals reserve with EXIM Bank

XLB•2026-09-23

EXIM Bank commitment for critical minerals reserve

Sept. 23 (Reuters) - Glencore on Wednesday said it received a $500 million commitment from the Export-Import Bank of the United States to create a strategic critical minerals reserve to strengthen supply chains in the US.

VaultCo, the public-private partnership between the global miner and the US government agency, will enable Glencore to source, procure and deliver critical minerals to the US, and reduce any future disruptions to the country's supply of critical minerals, the company said.

Glencore to create US strategic critical minerals reserve with EXIM Bank

EXIM Bank commitment for critical minerals reserve

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