minerals

Critical minerals deals give a massive boost to Trump’s cronies

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  • Post last modified:11 July 2026
Critical minerals deals give a massive boost to Trump’s cronies

Trump is synonymous with the grift. He is grifting on critical minerals deals too, unsurprisingly. Incoming reports show that the administration’s push to secure these resources has become a family-and-friends cash cow. Trump’s sons and Commerce Secretary Howard Lutnick’s children are especially positioned to profit from billion dollar deals. Cantor Fitzgerald — led by Lutnick for more than 30 years before he handed ownership to his children after becoming Trump’s Commerce Secretary — is all over these deals. Critical minerals: Hottest cash cow The New York Times (NYT) reported that the Trump administration has provided, or is considering providing more than…

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Musk’s SpaceX, like the U.S. military, is stranded by critical minerals

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  • Post last modified:17 June 2026
Musk’s SpaceX, like the U.S. military, is stranded by critical minerals

The world’s richest man’s new company — SpaceX — may have counted many a chicken before they hatched. China’s chokehold on solar cells and equipment, tungsten, indium, yttrium, and other critical materials should cast doubt on the prowess of American industry, defence and SpaceX alike. The Washington Post’s recent report on the stalled SpaceX-Suzhou Maxwell negotiations shows that all is not well behind the showmanship of American industrial power under Trump and Musk. China is quietly expanding its export control regime against the U.S. and American allies, reaching beyond rare earth minerals to pinch choke points that affect key U.S. industries,…

Continue ReadingMusk’s SpaceX, like the U.S. military, is stranded by critical minerals