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11 february 2026

The Richest Mine in America Is a Landfill

The United States is spending tens of billions to acquire the very same critical minerals that we throw away every day. Last week, the White House announced Project Vault: a stockpiling initiative that puts up $10B in EXIM financing plus $2B in private capital to stockpile dozens of critical minerals as a hedge against Chinese supply disruption. For its part, the DOE is earmarking nearly $1B for projects across the critical minerals value chain, including some focused on “unconventional sources” such as waste streams and recycling.
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