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US To Allocate $250 Mln In Foreign Aid For New Pax Silica Fund

The U.S. Department of State has announced that it intends, working with Congress, to allocate $250 million in foreign assistance funding for a new Pax Silica Fund initiative to support critical minerals extraction, processing, critical infrastructure, and manufacturing assets that support secure and reliable semiconductor supply chains.

Pax Silica brings strategic partnerships and coordinated action across every layer of the supply chain.

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by Joji Xavier

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