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Boosting US Critical Mineral Supply Security

This act aims to reduce the United States' reliance on China and other countries for critical minerals essential for transportation, technology, and defense. A special task force will be established to coordinate actions across government levels to ensure stable supplies of these minerals, potentially impacting product price stability and national security.
Key points
Establishment of an intergovernmental task force on critical minerals to assess and reduce US reliance on foreign suppliers.
Increasing domestic mining, processing, and recycling of critical minerals, potentially creating new jobs and strengthening the economy.
Strengthening international partnerships to secure global critical mineral supply chains, which may affect market stability.
Reports and recommendations for regulatory changes to accelerate the development of domestic mineral sources, considering environmental protection.
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Additional Information
Print number: 118_HR_7807
Sponsor: Rep. Obernolte, Jay [R-CA-23]
Process start date: 2024-03-22