NioCorp Supports U.S. Strategic Critical Minerals Reserve Initiative

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.FUNDING PACKAGE:The U.S. House of Representatives voted 217-214 to pass legislation funding major parts of the government and ending a partial shutdown, with the package heading to President Trump's desk, CBS News' Caitlin Yilek and Kaia Hubbard. The package includes five full-year spending bills and an extension of Department of Homeland Security funding through February 13, the authors say. Democrats are demanding changes to how immigration enforcement agencies such as ICE conduct their operations, with the issue now serving as the focus of talks on Capitol Hill, the authors note.GOOGLE SEARCH RULING:The U.S. Justice Department, DOJ, and a group of states intend to appeal US District Judge Amit Mehta's ruling that imposed only modest limits on Google'scontracts related to its search engine and AI apps, Leah Nylen and Josh Sisco of Bloomberg. The DOJ and states filed notices they will appeal in ruling in which Google avoided a forced sale of its Chrome browser.PROJECT VAULT:NioCorp Developments"applauded" the launch by the White House and the Export-Import Bank of the United States of "Project Vault," an effort to establish a U.S. Strategic Critical Minerals Reserve to procure, store, and enable the sale of critical minerals to American manufacturers. The government-industry partnership is anchored by $11B from EXIM and approximately $1.67B in seed capital from some of the nation's leading companies. "This effort represents exactly the kind of bold and innovative public-private partnership that the U.S. needs right now to facilitate the rapid build-out of domestic critical minerals production and integrated supply chains," said Mark Smith, CEO. "I commend President Trump and EXIM Chairman John Jovanovic for their vision. Coupled with the Trump Administration's recent Section 232 findings and January 14 Presidential Proclamation, the Administration is signaling that it intends to move rapidly and aggressively to address excessive U.S. reliance on imported processed critical minerals and derivative products. Breaking China's dominance over critical minerals is essential to America's economic and national security future. We appreciate the Administration's leadership and EXIM's commitment to practical solutions that strengthen U.S. manufacturers and critical minerals producers. NioCorp stands ready to do its part by advancing the Elk Creek Project and supplying American-made critical materials to help power the next generation of U.S. industry."