Cove Capital Eyes Central Asia Minerals as Trump Pushes Away from China
The US firm targets tungsten and other resources in the region to support the administration's goal of reducing reliance on Chinese critical minerals.
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The story so far
1 publisher has covered this in 1 article since 29 Sept 2026. Bloomberg Markets published first, on 29 September at 14:05 UTC.
One prediction market prices this story:
- Critical minerals — the market puts it at 25%, closing 1 Jan 2027. The market resolves to Yes if President Trump issues an executive action in 2026 that imposes tariffs on critical minerals and explicitly references them in the title, operative text, or fact sheet. The action must set a specific effective date for these tariffs. Readers often mistake general tariff schedules or annexes for sufficient reference, but the rule requires explicit mention in the main document.
Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.
Markets on this story
- Kalshi Critical minerals 25%
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Price data
| Time | Chance of yes |
|---|---|
| now | 25% |
| 29 Sept, 14:15 UTC | 25% |
| 28 Sept, 13:01 UTC | 26% |
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Sources
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In this story
- Donald Trump
- Cove Capital
- Kazakhstan
- Central Asia
- China