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Clouds Passing

(7,053 posts)
2. And don jr...
Sun Jan 11, 2026, 06:16 PM
17 hrs ago

“For the second time this year, a little-known company backed by Donald Trump Jr. has scored a major contract with the US Department of Defense.

The Financial Times reported on Wednesday that Vulcan Elements—a tiny startup of 30 employees that specializes in producing rare-earth magnets used in drones, radars, and other pieces of military equipment—has scored a $620 million loan from the Pentagon as part of “a $1.4 billion deal to increase the supply of magnets for industries alongside partner ReElement Technologies.”“

https://www.commondreams.org/news/donald-trump-jr-pentagon

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