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Boosting US Cobalt Production: Security and Environmental Protection

This act aims to increase domestic cobalt production, vital for defense and modern technologies, to reduce import reliance. It establishes a program for purchasing US-refined cobalt, emphasizing eco-friendly methods and eliminating forced labor. Citizens may experience enhanced national security and support for domestic industry.
Key points
Increased domestic cobalt production: The US will purchase domestically refined cobalt to reduce reliance on foreign suppliers, especially China.
Combating unethical practices: The act requires cobalt to come from sources free of slave and forced child labor.
Environmental protection: Cobalt refining methods that minimize negative impact on air, water, and soil will be prioritized.
Investment in domestic industry: $800 million is allocated for a cobalt purchase program from US refineries from 2024-2028.
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Additional Information
Print number: 117_HR_8808
Sponsor: Rep. Donalds, Byron [R-FL-19]
Process start date: 2022-09-13