Pillsbury
The Trump Administration Launches Plurilateral Initiative and a Strategic Reserve to Secure Critical Minerals Supply Chains
February 2026
Takeaways
The Forum on Resource Geostrategic Engagement (FORGE) is a plurilateral initiative aimed at collaborating on policies and projects to advance diversity and security of critical mineral supply chains.
Project Vault is a new strategic reserve for critical minerals aimed at providing access to critical minerals in civilian industries in the event of market disruptions.
These initiatives, which provide important policy direction with details regarding implementation to be worked out, represent significant opportunities for companies involved in critical minerals production, as well as consumers and investors, to shape the next steps.

