Strengthening US Raw Material Security: Rare Earths and Critical Minerals
This act aims to boost domestic stockpiles of essential metals and minerals crucial for defense and technology. This means greater supply stability for industry and the military, indirectly enhancing national and economic security. It also mandates tracking the origin of these raw materials in military products, potentially increasing supply chain transparency.
Key points
Increasing domestic stockpiles of rare earth elements and critical minerals in US strategic reserves to reduce reliance on foreign suppliers.
Requiring disclosure of the origin of rare earth elements and critical minerals in products supplied to the military, aiming to enhance supply chain security.
Strengthening support for domestic producers and processors of these raw materials through increased funding and procurement facilitation.
Expanding restrictions on the procurement of military and dual-use technologies from Chinese military companies, including those containing rare earth elements.
Expired
Citizen Poll