Capital intelligence

Portfolios

Each government's capital, side by side, from the financial rows it provides. Money is shown only as per-currency totals of committed public money, binding apart from not yet binding; everything else is a count of records. No figure is converted between currencies, and no government is ranked.

Committed public money, per currency

Summed under the counting rules: a part is never added to its package, envelopes and unexercised options are listed and left out, figures stated “up to” are added only to each other (a sum of stated upper bounds, not an amount paid), and joint vehicles are kept apart from public money.

USUnited States22 records

USD

Grant6 rows

Binding

Stated exactly
84.8 million
Approximately
27.1 million
Up to
59.2 million

Not yet binding

Stated exactly
18.1 million

Includes an announced amount (fin-us-dod-5n-germanium-2024): Announced amount (DoD release, 16 April 2024). It is unreconciled with the $12,458,128 federal obligation reported in the federal award record and with the $2,505,981 non-federal funding reported there. No amount paid is recorded; some payment is reported in federal-reporting data only.

Loan4 rows

Binding

Stated exactly
150 million
Approximately
2.23 billion

Not yet binding

Stated exactly
3.606 billion

Loan guarantee2 rows

Binding

Stated exactly
996 million
Up to
1.3 billion

Equity1 row

Binding

Stated exactly
400 million

Instrument not specified1 row

Listed, not summed: the sources name no instrument the tracker's vocabulary covers.

14 counted · 14 parts not added again

3 rows state no amount and are listed, not valued.

Every row, with its own figure →

EUR

Grant1 row

Binding

Approximately
14.8 million

Loan2 rows

Binding

Stated exactly
168 million

3 counted

Every row, with its own figure →

JPJapan7 records

CAD

Equity1 row

Binding

Up to
47.668 million

1 counted

JPY

Grant4 rows

Not yet binding

Approximately
27.8 billion

4 counted

Every row, with its own figure →

Joint vehicles, kept apart

AUD

Equity1 row

Binding

Stated exactly
200 million

1 counted

AUAustralia7 records

USD

Equity2 rows

Binding

Stated exactly
100 million

Not yet binding

Up to
200 million

2 counted

2 rows state no amount and are listed, not valued.

Every row, with its own figure →

CACanada23 records

CAD

Grant1 row

Not yet binding

Up to
9.1 million

Equity1 row

Binding

At least
35 million

Instrument not specified15 rows

Listed, not summed: the sources name no instrument the tracker's vocabulary covers.

17 counted · 4 parts not added again

USD

Equity1 row

Binding

Stated exactly
25 million

1 counted

1 row states no amount and is listed, not valued.

Every row, with its own figure →

GBP

Several instruments, split not stated1 row

Listed, not summed: each row combines instruments without a split.

1 counted · 2 parts not added again

1 row states no amount and is listed, not valued.

Every row, with its own figure →

What each portfolio is made of

Counts of records, never money. Rows, value role, instrument, legal standing and geography count a package with its parts once; stage and material count per cell, so a part is counted at a stage or material its package does not list and never again where the package lists it. Instrument, stage and material hold every value role except funding options and non-binding indications (commitments, envelopes, appropriations, private financing and the rest); legal standing and geography hold committed rows only. A row that withdrew or lapsed is not capital and is counted only as ended; a funding option is counted in its own value role and nowhere else, since it is a right to call on money and not an exercise, and so is a non-binding indication, which is possible support and not a commitment. At home or abroad is read from each committed row's stated location or its project's, against the provider's home territory (the member states for the EU). Data as of 2026-11-03.

Record counts by government
RecordsUSEUJPAUCAGBIN
Value role
Public commitments17354192·
Joint-vehicle commitments··1····
Other commitments··1····
Funding options1······
Non-binding indications1···3··
Envelopes, appropriations and lending authorities31·3111
Expected co-investment······1
Committed rows, by legal standing
Binding (contracted or paid)133316··
Not yet binding4·43132·
Status not stated·······
Ended (withdrawn or lapsed)·······
Committed rows, where the money goes
At home11344152·
Abroad1·1····
At home and abroad·······
Location not stated5·2·4··
Instrument (every value role but funding options; a package counts once)
Grant614·11·
Loan62·····
Loan guarantee2······
Equity2·222··
Tax credit···1···
Price floor1······
Offtake1·111··
Procurement right·····1·
Several instruments, split not stated1··3·1·
Instrument not specified11··16·2
Supply-chain stage (every value role but funding options; counted per cell)
Exploration··1·4·1
Mining7111321
Separation4·112··
Processing12214811
Refining7·311··
Component manufacturing61·····
Recycling1···6·1
Stockpiling···1··1
Research and development·1··4·1
Material (every value role but funding options; counted per cell)
Antimony5··2···
Cobalt···11··
Dysprosium2·31···
Gallium3··4···
Germanium2··1···
Graphite·1·17··
Lithium21·16··
Neodymium1··1···
Nickel···12··
Praseodymium1··1···
Rare earth elements (grouped)5·437··
Rare-earth permanent magnets (NdFeB)51·····
Terbium2·31···
Tungsten··2112·
Reach
Providing organizations6132531
Recipient organizations12361141·
Projects17252171·
Programmes22232·1

Where the money is aimed

Committed rows from each government to each country the row or its project names. A row aimed at two countries counts under both; a package counts once, with its parts folded into it.

Committed rows by providing government and destination country
From \ toAUCAEEFIGBJPNAUSnot stated
US1······115
EU··21·····
JP·····41·2
AU4········
CA·15······4
GB····2····
IN·········

“Not stated” for a package can sit beside known locations on its parts. A package is aimed at no country when not every part states one; the parts that do are folded into it and are not counted again at their own country here. Open the package to list its parts, and a part to see its own location.

Projects with more than one backer

By kind: more than one government's capital, public and private capital, several public bodies, or public capital alongside a designation. Envelopes and total project cost are not capital provided, so they do not count.

More than one government

Alcoa-Sojitz Gallium Recovery Project

AUUS

3 rows · 2 providing organizations

Several public bodies of one government

Kingston Centre of Excellence for Rare Earth Recycling

CA

3 rows · 3 providing organizations

Several public bodies of one government

Matawinie Mine

CA

2 rows · 2 providing organizations

Several public bodies of one government

Ucore commercial rare earth processing facility, Kingston

CA

3 rows · 3 providing organizations

Public capital and a designation

KELIBER LITHIUM

EU designated by EU

1 row · 1 providing organization · 1 designation

Several public bodies of one government · Public capital and a designation

Hemerdon tungsten and tin mine

GB designated by EU

4 rows · 2 providing organizations · 1 designation

Public capital and a designation

Allied Material tungsten reduction and carburisation facilities

JP designated by JP

1 row · 1 providing organization · 1 designation

Public capital and a designation

Japan New Metals tungsten hydrometallurgical refining facilities in Japan

JP designated by JP

1 row · 1 providing organization · 1 designation

Public capital and a designation

Santoku rare earth smelting facilities in Japan

JP designated by JP

1 row · 1 providing organization · 1 designation

Public capital and a designation

Shin-Etsu Chemical rare earth smelting facilities in Japan

JP designated by JP

1 row · 1 providing organization · 1 designation

Public capital and a designation

Sarytogan Graphite Project

designated by EU

2 rows · 1 providing organization · 1 designation

Several public bodies of one government

Stibnite Gold Project

US

2 rows · 2 providing organizations

Recognition without money

Projects a government recognizes under a designation scheme. Standing, not capital: never summed, never counted in the tables above. At home or abroad is read from the designated project's stated country against the designating government's home territory.

EUEuropean Union55 designations · 51 holders

Where

At home
47
Abroad
7
At home and abroad
1

FR 10 · DE 8 · FI 7 · BE 3 · ES 3 · IT 3 · PL 3 · SE 3 · EE 2 · NL 2 · RO 2 · GB 1 · GL 1 · GR 1 · KZ 1 · MG 1 · MW 1 · NA 1 · NO 1 · PT 1 · SK 1 · UA 1 · ZA 1

Materials

Cobalt
14
Gallium
2
Germanium
3
Graphite
19
Lithium
8
Nickel
16
Rare earth elements (grouped)
11
Tungsten
6

Stages

Mining
18
Separation
1
Processing
19
Recycling
15
Substitution, no stage
8

3 designated projects also carry a financial row in the corpus. Strategic Projects under the Critical Raw Materials Act →

JPJapan4 designations · 4 holders

Where

At home
4

JP 4

Materials

Rare earth elements (grouped)
2
Tungsten
2

Stages

Processing
1
Refining
3

4 designated projects also carry a financial row in the corpus. Certified supply-assurance plans for critical minerals (Economic Security Promotion Act) →

Programmes

The named schemes each government runs.

Machine-readable: capital-intelligence summary (JSON) · how these views are derived