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Amplify Lithium & Battery Technology ETF
As of May 30, 2026 at 10:00 UTC
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About Amplify Lithium & Battery Technology ETF
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Latest News
5 articlesPresident Trump plans to launch a $12 billion strategic critical minerals stockpile to strengthen domestic supply chains for materials essential to national security and advanced technologies. The initiative is expected to boost investor interest in rare-earth and critical materials ETFs, though it also highlights U.S. efforts to reduce reliance on China-dominated mineral supply chains. Battery metals and broader mining ETFs could also benefit from this policy-driven tailwind.
President Trump has decided to delay imposing tariffs on critical minerals like rare earths and lithium, instead directing his administration to negotiate with international trading partners. A Section 232 investigation found the U.S. is 100% import-reliant on 12 critical minerals and 50% reliant on 29 others, creating national security vulnerabilities. Trump ordered Commerce Secretary Lutnick and Trade Representative Greer to explore solutions including price floors for critical minerals, with a 180-day reporting deadline. Tariffs remain an option if negotiations fail.
Chevron has acquired lease rights to 125,000 acres in Texas and Arkansas to extract lithium from brine, a byproduct of oil and gas production. This move aligns with the company's strategy to diversify into the EV supply chain and leverage its subsurface expertise.