WASHINGTON—President Donald Trump is set to host a major mining industry roundtable on Friday at the State Department, bringing together nearly 200 business leaders, educators, and government officials to strengthen domestic mining companies.
At the event, the president is expected to announce over $180 million in grants to expand workforce training and trade programs for the mining industry, according to the White House. CBS first reported the plan.
The Department of Energy is launching a $100 million grant program to support scholarships and related initiatives. Universities, community colleges, trade schools, industry groups, and other partners will be eligible to apply.
Additionally, the military is providing over $80 million in funding to three universities for technology and workforce development programs. The recipients are the Colorado School of Mines, the South Dakota School of Mines, and Johns Hopkins University.
“The mining industry has never had a greater champion than President Trump,” White House spokeswoman Taylor Rogers told The Epoch Times in an email.
“His unprecedented support has driven record investment, streamlined permitting, and delivered real results for American workers, companies, and communities. President Trump is the first president in decades to prioritize our country’s mining industry, unleash its abundant resources, and build the next generation of American miners.”
Key cabinet members attending include Interior Secretary Doug Burgum, Secretary of State Marco Rubio, and Commerce Secretary Howard Lutnick. Industry executives from Resolution Copper, MP Materials, American Ocean Minerals, Ivanhoe, and Century Aluminum will also participate, according to the White House.
The new funding is expected to develop skilled workers and strengthen supply chains for the American mining industry.