According to CoinMeta, U.S. Secretary of Commerce Lutnick announced on Tuesday that the industrial mineral mining and processing company Sibelco will make a new investment in North Carolina to support semiconductor production. He stated that Sibelco will establish a silicon manufacturing facility, specifically for quartz production, which is essentially the cornerstone of the semiconductor industry. Although he did not disclose specific details, he mentioned that the scale of the investment will reach “hundreds of millions of dollars.”