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US Support for Critical Mineral Access in High-Income Countries

This act aims to enhance the security of critical mineral supplies, such as lithium and cobalt, for the United States. It allows US financial support to be directed towards projects for the development and processing of these materials in high-income countries as well. This strengthens global supply chains, potentially stabilizing prices for products containing these minerals, impacting the cost of electronics or electric vehicles.
Key points
Expands US financial support for critical mineral projects to include high-income countries.
The list of supported minerals includes lithium, cobalt, rare earth elements, aluminum, and titanium.
Aims to strengthen US national security by ensuring stable supplies of key materials.
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Expired
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Additional Information
Print number: 118_HR_4977
Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1]
Process start date: 2023-07-27
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Critical Mineral Access Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4977.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-07-27.

What are the main provisions?

Key points include:

  • Expands US financial support for critical mineral projects to include high-income countries.
  • The list of supported minerals includes lithium, cobalt, rare earth elements, aluminum, and titanium.
  • Aims to strengthen US national security by ensuring stable supplies of key materials.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Carter, Earl L. "Buddy" [R-GA-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Foreign Affairs.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Public Investments Security