On Friday, August 8th, 2026, President Trump announced over $180 million in grants designed to enhance educational and trade programs within the mining industry. This move is part of a broader effort to increase the production of critical minerals essential to American strength and technology.

The announcement was made during a roundtable at the State Department, attended by educational leaders from institutions such as the Colorado School of Mines, as well as Secretary of State Marco Rubio, Secretary of the Interior Doug Burgum, and Secretary of Commerce Howard Lutnick.

The Department of Energy is launching a $100 million grant program aimed at expanding the mining and critical mineral workforce by significantly increasing the number of graduates in these fields over the next two years. An official noted that the program is expected to financially support scholarships and other related initiatives.

Additionally, the military is providing more than $80 million in funding to three universities: $32.7 million to the Colorado School of Mines for a technology development hub, $25 million to the South Dakota School of Mines for workforce development programs, and $23.6 million to Johns Hopkins University for a recycling-focused program.

The Colorado School of Mines stated that their new hub will "test and scale new technologies for mineral processing, recovery, refining, recycling and advanced materials— and ultimately move those technologies into the domestic supply chain."

Data compiled by the Society for Mining, Metallurgy & Exploration and the Society of Mining Professors shows a decline in mining engineering enrollment, with fewer than 600 students nationwide in 2023 compared to nearly 1,500 eight years earlier.

The White House also announced a series of military investments in mining companies, battery manufacturers, and other firms involved with critical minerals.

Notable Quotes

  • "Critical minerals are the raw materials of American strength that power everything from advanced weaponry to automobiles. We want these essential products to be mined, refined and made right here in the USA."
  • "For years, mining schools and colleges that are essential to training the future leaders of this industry have been absolutely and sadly disappearing."
  • The Colorado School of Mines will "test and scale new technologies for mineral processing, recovery, refining, recycling and advanced materials— and ultimately move those technologies into the domestic supply chain."

Sources