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Strengthening US Rare Earth Metal Supply Chain Security

This act aims to enhance US national security by reducing reliance on foreign rare earth metal supplies, crucial for defense technologies and everyday products. Citizens may experience greater stability in access to electronic and defense products, as well as potential support for domestic mining and processing industries.
Key points
Establishment of strategic rare earth metal reserves to protect the nation from supply disruptions.
Requirement for disclosure of rare earth metal origins in military equipment, increasing supply chain transparency.
Prohibition of Chinese-made rare earth metals in critical military technologies from 2026, with possible waivers in exceptional cases.
Encouraging US allies to reduce their dependence on non-allied countries for rare earth metals.
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Additional Information
Print number: 117_S_3530
Sponsor: Sen. Cotton, Tom [R-AR]
Process start date: 2022-01-20