The U.S. government is expected to unveil a new funding blitz at a critical minerals ministerial meeting in Washington, D.C. this week, Bloomberg reported. The new U.S. strategy is likely to replace a previous U.S.-Canada mineral pact, with Foreign Affairs Minister Anita Anand and Secretary of State Marco Rubio expected to negotiate a new agreement, according to Politico. (Politico, Bloomberg)

Talking point: Some U.S. mining stocks jumped at the prospect of a new funding package, which includes US$1.67 billion in private capital and a US$10-billion loan from the U.S. Export-Import Bank, according to Bloomberg, which reported that dozens of countries are participating in this week’s meeting. Trump is expected to meet with General Motors and Canadian-American financier Robert Friedland as part of the mining push, according to Bloomberg.