Critical Minerals Security Act: Securing global supply chains and advanced technology.
This Act aims to enhance the security of critical minerals and rare earth elements supply chains, essential for modern technologies like batteries and electronics. It mandates regular reporting on global resources, focusing on those controlled by foreign entities of concern. For citizens, this supports long-term economic and technological stability, potentially reducing the risk of supply disruptions for mineral-dependent products.
Key points
Resource Reports: The U.S. government must submit biennial reports detailing global critical mineral resources, including who controls them (e.g., foreign entities of concern).
Technology Strategy: The Act requires developing a strategy to collaborate with allies on advanced technologies for mining, refining, separation, processing, and recycling of these resources.
Investor Protection: A process will be established to assist U.S. persons (citizens and entities) seeking to divest stock in foreign mining operations to find purchasers not controlled by covered nations.
Expired
Citizen Poll