The Trump administration’s new mineral inventory plan – dubbed “Project Vault” – could include anything deemed “critical” by the U.S. Geological Survey, a White House official told CNBC on Tuesday.

The agency, part of the Interior Department, classifies more than 50 minerals as critical. These include rare earths, lithium, uranium and copper, considered “critical to national security, economic stability and supply chain resiliency.” These minerals are vital because they “support critical industries, drive technological innovation, and support critical infrastructure critical to the modern U.S. economy.” According to the United States Geological Survey.

president Donald Trump Monday launched Project Vault, the first public-private partnership. The Export-Import Bank of the United States will provide $10 billion in loans, of which about $2 billion will come from private capital.

“You’ve got it all covered with this,” Trump said at an event at the White House on Monday. “We don’t just do certain minerals and rare earths. We do everything.”

John Jovanovic, chairman of the Export-Import Bank of China, said in a statement on Monday that equipment makers including GE Vernova, Western Digital and Boeing had expressed interest. GM CEO Mary Barra attended a White House event unveiling the inventory.

“Having resilient supply chains is critical to our country and critical to all industries, especially the automotive industry,” Barra said at the White House. In addition to automobiles, critical minerals are also key inputs to the defense, robotics, semiconductor, electronics and energy industries.

The stockpiling is the latest move by the Trump administration to build Western supply chains to counter China’s dominance of key minerals – particularly in oil refining. Beijing seeks Cut off rare earth exportsA subset of critical minerals that emerged during last year’s trade dispute with the U.S.

Yovanovitch told CNBC on Tuesday that U.S. stockpiles will source the minerals from both domestic and foreign sources. “We have a network of warehouse facilities and these shipments will be stored in the United States,” he said.

Yovanovitch said the Export-Import Bank was in talks with companies that want to use reserves to bring their projects to financial close and commercial operation dates.

The stockpiling is part of a broader strategy by the Trump administration. It has also acquired stakes in several mining companies to help them cope with Chinese government-backed competition.

The Pentagon signed a landmark deal Last July, rare earth miners MP material These include equity, price floors and offtake agreements. Ministry of Commerce Plans announced last week Financing start-up critical minerals companies American Rare Earth in exchange for ownership shares, subject to the satisfaction of certain closing conditions. The government also took a stake in Lithium Americas and trilogy metal.

Interior Secretary Doug Burgum said last April that the United States was also considering Sovereign Risk Insurance Fund This would protect the company’s investments in mining projects from being canceled by a future U.S. administration.

“Those are three things that will get us in the critical minerals game — inventories, sovereign risk insurance and the ability to hold equity. We’re working on those three things,” Burgum said at a conference in Oklahoma City last year.