Phosphate and Potash Designated Critical Minerals: Boosting Domestic Production.
This new bill aims to include phosphate and potash on the list of critical minerals. This means the government will support their extraction in the US, potentially affecting the stability of supply and prices of products that use them, such as fertilizers. These actions are intended to reduce import reliance and strengthen the nation's economic security.
Key points
Phosphate and potash are officially recognized as key minerals for US security and economy.
The government will evaluate current policies for permitting and leasing related to these minerals and propose changes to facilitate their domestic production.
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