Strategic Materials
Policy Tracker
USUnited StatesGovernment bodyUS

Office of Strategic Capital (OSC)

Also named: OSC

org-us-osc

Capital provided

By value role; only committed money is summed, per currency.

Public commitments

4 rows · summed per currency

Committed to a recipient by a government or public enterprise, at the status each row states. A contracted, partially disbursed or disbursed row is binding because an agreement is executed; payment is tracked separately by status. A contracted row need not mean funds are obligated or paid, and a partially disbursed row is not fully paid. Summed per currency and per instrument, never across either; a part is never added to its package.

USD

Loan2 rows

Binding

Stated exactly
150 million

Not yet binding

Stated exactly
700 million

2 counted · 2 parts not added again

US9 Jul 2025

MP Materials Corp.

USD150 million

Samarium Project: expansion of heavy rare earth separation, including separation of samarium oxide

CommitmentLoanPublicDisbursedSeparation
US21 Nov 2025

Vulcan Elements and ReElement Technologies

USD700 million

Office of Strategic Capital Agrees to Joint $700M Conditional Loan Commitment with Vulcan Elements and ReElement Technologies

CommitmentLoanPublicDecidedSeparation · Refining · Component manufacturing
US21 Nov 2025

ReElement Technologies

USD80 million

Office of Strategic Capital Agrees to Joint $700M Conditional Loan Commitment with Vulcan Elements and ReElement Technologies

CommitmentLoanPublicDecided
US21 Nov 2025

Vulcan Elements

USD620 million

Office of Strategic Capital Agrees to Joint $700M Conditional Loan Commitment with Vulcan Elements and ReElement Technologies

CommitmentLoanPublicDecided

Projects, programmes and designations

Administers

Office of Strategic Capital critical-minerals lending (One Big Beautiful Bill Act)Financing facility

Record

Kind
Government body
Country
US
Government
United States
Parent bodies
Part of U.S. Department of Defense

Evidence

Name, kind, country, government and parent links each name their source.

  1. Office of Strategic Capital (OSC)

    Office of the Under Secretary of War for Research and Engineering (OUSW(R&E))

    Fields supported
    Name · Kind · Country · Government · Parent bodies
    Evidence level
    Explicit
    Location in document
    History list: "Secretary of Defense Establishes Office of Strategic Capital"
    Qualification
    "SECDEF establishes the Office of Strategic Capital (OSC) as a finance organization within the Department of Defense"
    View source dossier →