Strengthening US Rare Earth Metal Supply Security
This act aims to enhance US national security by reducing reliance on foreign rare earth metal supplies, which are crucial for many everyday products and defense technologies. Citizens may experience greater stability in access to products containing these metals, such as electronics, and a strengthening of domestic industry.
Key points
Establishment of a strategic rare earth metal reserve to protect the country from supply disruptions.
Requirement for disclosure of the origin of rare earth metals in military products, increasing supply chain transparency.
Prohibition on the use of Chinese rare earth metals in certain military technologies from 2026, aiming to reduce dependency.
Initiation of an investigation into China's unfair trade practices regarding rare earth metals.
Expired
Additional Information
Print number: 117_S_3525
Sponsor: Sen. Cotton, Tom [R-AR]
Process start date: 2022-01-19