President Trump convened the largest meeting of mining industry leaders and a sitting president in over 120 years — announcing $3 billion in critical minerals investment and introducing $USMS.
$USMS
$USMS Contract Address
0xUSMS0000000000000000000000000000000000000
Goes live September 10, 2026
Held at the U.S. Department of State in Washington, D.C., the American Mining Roundtable gathered more than 200 mining executives, refiners and processors alongside the President and his cabinet.
Date
August 2026
Location
U.S. Department of State
Attendance
200+ industry leaders
Administration officials framed the event as the largest meeting between mining industry leadership and a sitting president in over 120 years. At the center of it: a $3 billion package of critical minerals investments spanning battery materials, aerospace alloys, defense magnets and aluminum feedstock — paired with $180 million dedicated to rebuilding America's mining education pipeline.
The President also introduced $USMS — United States Mineral Supply, the banner under which the initiative will operate. It goes live September 10.
$USMS
President Donald J. Trump
President of the United States
Doug Burgum
Secretary of the Interior
Marco Rubio
Secretary of State
Howard Lutnick
Secretary of Commerce
Capital, workforce and the talent gap the administration says the package is designed to close.
Total critical minerals investment
Mining education funding
Industry leaders in attendance
Mining engineering graduates per year
The $180 million education commitment targets this disparity directly — rebuilding domestic mining engineering programs that have contracted for decades.
Five commitments announced at the roundtable, from battery anodes to Export-Import Bank financing.
Battery Materials
A next-generation battery materials facility scaling domestic silicon anode production for EVs, grid storage and defense platforms.
Aerospace Alloys
Domestic scandium and nickel-cobalt processing feeding high-performance aerospace alloys currently sourced abroad.
Defense Magnets
Rare-earth-free permanent magnets for defense systems, breaking dependence on foreign magnet supply chains.
Aluminum Feedstock
Bauxite and alumina capacity to re-anchor the American aluminum value chain on domestic feedstock.
Westwater · 5E · Advanced Materials · Global Advanced Metals
Export-Import Bank financing spread across four critical minerals producers covering graphite, boron, and tantalum.
$USMS
$USMS goes live September 10, 2026. Get in early — available on Coinbase.
0xUSMS0000000000000000000000000000000000000
The administration's stated rationale for the package, in four parts.
Critical mineral supply chains concentrated in adversarial nations are a strategic vulnerability. Domestic capacity removes that leverage.
From munitions to satellites, American defense capability depends on minerals the United States does not currently process at scale.
Onshoring processing and refining insulates American manufacturers from price shocks and export restrictions.
Magnets, alloys and anodes produced on U.S. soil keep next-generation technology supply chains under American control.
Directs a full review of import dependence across the critical minerals list and opens the door to trade action.
Domestic manufacturing investment reaches a milestone the administration ties directly to minerals policy.
Hardens procurement rules for defense-critical materials and prioritizes domestic sourcing.
Unlocks DPA Title III authorities and funding for domestic minerals processing projects.
200+ industry leaders convene at the State Department — the largest such meeting with a president in over 120 years.
$USMS launches publicly, carrying the initiative into its operational phase.
"We are going to mine, refine, and build in America again — and nobody is going to stop us."
"For too long we depended on hostile foreign countries for the materials that power our military and our economy. That ends now."
"This is the biggest gathering of mining leaders with a president in more than 120 years, and it's just the beginning."
Before the window closes
$USMS
Use the links below to view United States Mineral Supply ($USMS) on Coinbase, Phantom, or DexScreener. Always confirm the contract address before trading.
$USMS Contract Address
0xUSMS0000000000000000000000000000000000000
01 / Coinbase
02 / Phantom
Verify the contract, trade carefully, and follow the final program rules.
$USMS
United States Mineral Supply. Secure your position ahead of launch.
$USMS Contract Address
0xUSMS0000000000000000000000000000000000000
The live DexScreener chart appears here once the $USMS pair goes live on September 10.
Chart embed coming soon
The DexScreener link and embedded chart will be added here at launch.
$USMS Contract Address
0xUSMS0000000000000000000000000000000000000