The War Department is reportedly moving to buy up to $1 billion in critical minerals as part of an accelerated stockpiling strategy aimed at reducing reliance on Chinese supply chains.
The Pentagon’s Defense Logistics Agency (DLA) outlined the bolstered effort in recent filings, the Financial Times (FT) reported Saturday night.
“They are incredibly focused on the stockpile,” a former defense official told FT. “They’re definitely looking for more and they’re doing it in a deliberate and expansive way, and looking for new sources of different ores needed for defense products.”
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