US poised to forge more mineral deals under NDAA, official says

By Hannah Northey | 12/15/2025 04:22 PM EST

Passage of the 2026 National Defense Authorization Act would expand and supercharge the government’s mineral deals abroad.

The U.S. Capitol building is seen.

The U.S. Capitol building is seen in Washington on Sept. 26, 2023. Francis Chung/POLITICO

The Trump administration could do a larger number of mining deals across the globe if a long-awaited defense bill passes in the coming days, a senior federal official said Monday.

Work could expand to countries like Chile and Canada with passage of the fiscal 2026 National Defense Authorization Act, which would reauthorize the U.S. International Development Finance Corp., or DFC, through 2031 and allow it to work in a larger array of countries, said Tom Haslett, the agency’s director of critical minerals and energy policy.

The Senate is expected to pass the NDAA before the end of the week. From there, it would head to President Donald Trump’s desk.

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“I hope it means we get a lot busier,” Haslett said at a Center for Strategic and International Studies’ conference in Washington.

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