Table 1

In its first year, the Trump Administration committed over $13 billion to equity stakes in private companies

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Sources: Nippon Steel; MP Materials; Intel; SEC (filing on Lithium Americas); SEC (term sheet on Westinghouse); SEC (exhibit on ReElement Technologies); SEC (news release by Trilogy Metals); Department of Defense (Release on Vulcan Elements); Yahoo Finance (on Korea Zinc); NIST (release on xLight); Department of Defense (release on L3Harris); Reuters (on ATALCO); USA Rare Earth.