The United States allocated 46 billion euros for critical raw materials policies for the period 2024-2026.

Omissions

• The EUR 46 billion figure is a cumulative estimate of US federal public funding mobilised for critical raw materials (instruments adopted from 2021-2022 onwards, including the IRA, BIL and Defense Production Act), not a sum allocated specifically for the years 2024-2026 as the claim implies.
• A different estimate (IFRI, published 2026) puts US deployment at roughly EUR 40 billion for the period 2021 to February 2026 — i.e. about 13% below the figure cited, showing the number is an estimate range rather than a settled statistic.
• The figure is a 'mobilised/announced' envelope (grants, loans, tax credits, DPA purchases), not money actually disbursed, so it overstates real spending to date.
• The explicit EUR 46 billion figure appears in a European Parliament study (secondary source), which is the likely origin of the comparison; no primary US budget document publishing this exact aggregate was found in the searches.

Sources

• SecondaryEuropean Parliament study 'US critical minerals policy and its implications for the EU's security of supply' (ECTI 2026/786415)"...United States provides much more public funding than the EU. US federal agencies mobilise about EUR 46 billion while, by contrast, the EU provides only EUR 5-6 ..."
• SecondaryIFRI / PubAffairs Bruxelles — 'The US's critical mineral offensive strategy'"From 2021 to February 2026, the United States (US) deployed an estimated 40 billion euros (EUR) in support of CRM projects, approximately eight times the funds..."