Wall Street Wizardry
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Wall Street Wizardry

Investing

Trump Administration Fast Tracks Permitting for Key US Mining Projects

by admin April 24, 2025
April 24, 2025
Trump Administration Fast Tracks Permitting for Key US Mining Projects

The Trump administration has fast tracked the permitting of 10 US mining projects under the FAST-41 infrastructure initiative, escalating the government’s strategy of bolstering domestic minerals output and reducing foreign reliance.

The announcement, made on April 18 by the White House and the Federal Permitting Improvement Steering Council (Permitting Council), comes in direct response to President Donald Trump’s executive order, which mandates swift and accountable action to facilitate the development of the nation’s vast mineral reserves.

“This is the first use of the Permitting Council’s transparency authority, and we look forward to showcasing the many benefits the Federal Permitting Dashboard can bring to critical infrastructure projects,” said Manisha Patel, acting executive director at the Permitting Council.

The ten projects, which include sites for lithium, copper, antimony, phosphate, potash, and metallurgical coal, have been formally granted FAST-41 status—a designation from the 2015 Fixing America’s Surface Transportation (FAST) Act that streamlines environmental reviews and interagency coordination for major infrastructure projects.

The status does not exempt them from environmental regulations but aims to cut bureaucratic delays and improve transparency by publishing real-time permitting progress on a federal dashboard.

Among the fast-tracked projects are:

  • McDermitt exploration project in Oregon — HiTech Minerals
  • Caldwell Canyon phosphate mine in Idaho
  • Lisbon Valley copper project in Utah
  • Michigan potash project
  • Libby exploration project in Montana

While some of these projects are still in exploration or environmental assessment stages, their inclusion on the dashboard signals priority status.

In practice, this means their permitting timelines will now be coordinated among relevant agencies and tracked publicly to reduce administrative redundancies that have historically delayed US mining ventures for up to a decade.

The move underscores the Trump administration’s broader policy of “American Energy Dominance,” which includes securing domestic supply chains for critical materials used in electronics, electric vehicles, clean energy technologies, and military hardware.

A recent Interior statement warned that continued dependence on imports—especially from geopolitical competitors like China—poses a threat to national security.

“For too long, duplicative processes and regulatory paralysis have delayed the development of the minerals America needs to power everything from national defense systems to smartphones,” Adam Suess, Acting Assistant Secretary for Land and Minerals Management at the Department of the Interior, emphasized in the same release.

“By cutting red tape and increasing accountability, we’re making it clear that under President Trump, the United States is serious about being a global leader in critical minerals,” Suess added.

The designation also includes expansions to lithium projects, with Albemarle’s Silver Peak Mine in Nevada—currently the only operating lithium mine in the US—now poised for accelerated expansion.

The focus on lithium, antimony, copper, and rare earth elements comes as the US seeks to diversify supply away from China, which currently dominates the global trade in many of these strategic materials.

Furthermore, the announcement follows President Trump’s directive earlier this month to launch a federal probe into possible new tariffs on all critical mineral imports, signaling a more aggressive stance toward reshoring key elements of the nation’s industrial supply chain.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Keep reading…Show less

This post appeared first on investingnews.com

previous post
Coelacanth Announces 2024 Year-End Reserves
next post
US–Russia flashpoint looms over Putin’s plans for African naval base

Related Posts

Trigg Expands Tier-1 Australian Antimony-Gold Tenure with Grades...

March 19, 2025

Westport Announces Annual General and Special Meeting and...

April 18, 2025

Gold vs. Copper: Which Metal Will Shine Brighter...

March 11, 2025

Top 5 Canadian Mining Stocks This Week: Minsud...

February 22, 2025

Top 10 Graphite-producing Countries

February 12, 2025

How to Invest in Natural Gas: Stocks, ETFs...

March 18, 2025

Tech 5: OpenAI Restructures, Apple Pursues AI Search,...

May 11, 2025

BHP to Spend up to A$40M to Explore...

March 10, 2025

RIU Conference Presentation

May 6, 2025

Lahontan Announces Upsize to Private Placement of Units

April 23, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 2

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 3

      US security contractor will take charge of key checkpoint in Gaza as Israeli forces withdraw

      January 25, 2025
    • 4

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 5

      Cyclopharm Signs US Agreement with HCA Healthcare for Technegas®

      January 23, 2025
    • 6

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 7

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 26, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: wallstreetwizardry.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 wallstreetwizardry.com | All Rights Reserved