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President Trump has signed a new Presidential Memorandum instructing over a dozen US federal agencies to streamline and accelerate the funding process for energy infrastructure and critical mineral projects.
The directive, issued June 30, includes agencies:
- the Department of Energy
- the Department of Defense
- the Environmental Protection Agency
- the Department of Agriculture
- the Department of Transport
- the Export–Import Bank, and International Development Finance Corporation
The order mandates the agencies to begin sharing project data and funding applications through a centralised process overseen by the National Energy Dominance Council (NEDC).
The goal: eliminate redundant reviews, reduce delays, and accelerate deployment of strategic projects in energy, mining, and materials.
Within 60 days, agencies must update their internal rules to allow real-time inter-agency data exchange. Within 180 days, the Office of Management and Budget (OMB) and NEDC must roll out a “unified application” process that enables applicants to access multiple funding sources through a single submission. According to the White House, this approach will “consolidate due diligence and streamline federal support” across grants, loans, and tax incentives.
This marks the latest policy move under Trump’s National Energy Emergency framework, building on earlier NEPA reforms aimed at cutting permitting timelines. It reflects a broader shift toward centralised decision-making and tighter coordination in critical supply chains—particularly for battery minerals, rare earths, hydrogen, SMRs, and transmission infrastructure.
The administration argues that fragmented oversight and slow approvals have held back projects vital to U. energy dominance and economic security. For investors in mining and energy transition assets, the new framework could materially improve capital access and reduce project risk—though the 180-day implementation timeline means changes will phase in gradually.
The order comes after China has imposed numerous export restrictions on key minerals, in particular rare earths, as well as concerns over threats to national security:
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