Fact Sheet: President Donald J. Trump Announces Billions in New Deals and Investments to Power American Mining
Fact sheetInvestment or subsidyPublished 08/07Open the original
Summary
President Trump announces over $2 billion in mining projects: the Department of War invests $1.4 billion in Sila Nanotechnologies to expand silicon-carbon battery anode and lithium-ion cell production and $400 million in Sunrise Energy Metals for a scandium supply chain.
By industry
- Batteries, EVs & the IRA1 trading day+3.7%p15 stocks5 trading days+1.5%p15 stocks20 trading days+1.6%p15 stocks
“expand production of silicon-carbon battery anodes and buildout a lithium-ion battery cell manufacturing facility”
- Defense1 trading day+1.4%p15 stocks5 trading days+1.9%p15 stocks20 trading days−8.6%p15 stocks
“critical components for our warfighters”
Day by day after the announcement
| Day | Batteries, EVs & the IRA stocks | S&P 500 |
|---|---|---|
| 26/08/06 | 0.0% | 0.0% |
| 26/08/07 | +4.2% | +0.5% |
| 26/08/10 | +3.5% | +0.5% |
| 26/08/11 | +4.6% | +0.2% |
| 26/08/12 | +2.3% | +0.5% |
| 26/08/13 | +2.7% | +1.2% |
| 26/08/14 | +3.6% | +0.9% |
| 26/08/17 | +0.6% | +0.5% |
| 26/08/18 | −2.3% | −0.2% |
| 26/08/19 | +0.3% | +0.1% |
| 26/08/20 | −1.5% | −0.8% |
| 26/08/21 | +2.4% | −0.4% |
| 26/08/24 | −0.8% | −0.6% |
| 26/08/25 | +0.1% | −0.4% |
| 26/08/26 | −0.8% | +0.2% |
| 26/08/27 | +0.9% | +0.2% |
| 26/08/28 | −1.5% | +0.0% |
| 26/08/31 | −2.1% | −0.2% |
| 26/09/01 | −4.3% | −0.9% |
| 26/09/02 | −3.4% | −0.5% |
| 26/09/03 | +2.0% | +0.5% |
Korean stocks in these industries
- LG Energy Solution 373220
- Samsung SDI 006400
- SK Innovation 096770
- Hanwha Aerospace 012450
- Korea Aerospace Industries 047810
- LIG Defense & Aerospace 079550
- Hyundai Rotem 064350
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Kevin Hern
Partial saleLockheed Martin
Partial saleLockheed Martin
LMT
$15K–$50K
Joint
$15K–$50K
Reported 09/25
Traded 09/02
- Kevin Hern
Full saleLockheed Martin
Full saleLockheed Martin
LMT
$15K–$50K
Joint
$15K–$50K
Reported 09/25
Traded 09/02
- Kevin Hern
Full saleBoeing
Full saleBoeing
BA
$15K–$50K
Joint
$15K–$50K
Reported 09/01
Traded 08/13
- Kevin Hern
Full saleBoeing
Full saleBoeing
BA
$1K–$15K
Joint
$1K–$15K
Reported 09/01
Traded 08/13
- Kevin Hern
Full saleFord Motor
Full saleFord Motor
F
$1K–$15K
Self
$1K–$15K
Reported 09/25
Traded 08/31
- Gilbert Cisneros
Partial saleTesla
Partial saleTesla
TSLA
$1K–$15K
Self
$1K–$15K
Reported 09/10
Traded 08/18
- John Boozman
BuyFirst Solar
BuyFirst Solar
FSLR
$1K–$15K
Joint
$1K–$15K
Reported 09/11
Traded 08/13