Company: JUPGF
Filing Date: 2025-07-01
Form Type: DRS/A
Source: 0001641172-25-017223
Chunk: 62

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-07-01
Form: DRS/A
Chunk 62
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535,000 U.S. jobs and $33.3 billion in payroll. They 
 also warn that disruptions could severely impact industries and quality of life.                                                                             |

| ● | 2020 Joint Action Plan with Canada: President Trump signed a Joint Action Plan with Canada                      
 to secure critical mineral supply chains, focusing on reducing reliance on foreign sources, particularly China. |
| ● | Energy Resource Governance Initiative (ERGI): The U.S. partnered with Australia and Botswana                    
 to promote transparent and sustainable mineral markets under the ERGI program.                                  |
| ● | Energy Act of 2020: This legislation directed federal agencies to identify critical                             
 minerals and reduce barriers to mining and production.                                                          |
| ● | Executive Orders: Trump issued multiple executive orders addressing critical mineral vulnerabilities,           
 including declaring a national emergency to expedite domestic mining and refining.                              |

| ● | Mineral Security Partnership (2024): The Biden administration launched this U.S.-led                                                      
 initiative with the EU and 13 other nations to finance critical mineral projects, counter China’s dominance, and enhance global           
 cooperation.                                                                                                                              |
| ● | Executive Order 14017 (2021): Biden issued this order to assess U.S. supply chain                                                         
 vulnerabilities and implement over 70 actions to strengthen resilience in critical minerals, semiconductors, and other strategic sectors. |
| ● | Progress on Projects: Under the Mineral Security Partnership, approximately 32                                                            
 projects were initiated across the supply chain, including 19 focused on upstream mining and extraction.                                  |

The Second Trump Administration

Escalation of Trade Disputes: During the second Trump administration, the U.S. has enacted tariffs on China which have escalated to 145%. China counter-acted with imposition of 125% of tariffs in U.S. goods and a prohibition of the export of processed rare earth minerals to the U.S.

China

China has repeatedly used export controls on critical
minerals, disrupting global and U.S. supply. Rare earth quotas, imposed since the 2000s, drew concern after China halted shipments to
Japan in 2010. More recently, China retaliated against U.S. tariffs by restricting the export of key minerals. In response to supply chain vulnerabilities, the U.S. imposed a 25% tariff on Chinese graphite anodes to encourage domestic production in June of 2024. China countered with export permit requirements for graphite products, directly affecting U.S. imports.

China implemented an outright ban on exporting antimony to the U.S.in December