Boosting US Critical Mineral Supply Chain Security
This act aims to reduce the United States' reliance on other countries, especially China, for critical mineral supplies. A special task force will be established to coordinate efforts between federal, state, local, and tribal governments to strengthen domestic supply chains. This is intended to ensure stability in sectors like transportation, technology, and defense, potentially impacting the availability and cost of products containing these minerals.
Key points
Establishment of an intergovernmental task force on critical minerals to advise the President on supply chain security.
Increasing domestic mining, processing, and recycling of critical minerals in an environmentally responsible manner.
Strengthening the domestic workforce in the mineral sector by creating well-paying, safe jobs.
Identifying alternative mineral sources and opportunities to reshore production to the US or allied countries.
Fostering international cooperation with allies to secure supply chains and develop advanced technologies.
Status:
Introduced
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