Securing Mineral Supply: Boosting US Production and Reducing Foreign Reliance
This act aims to codify existing Executive Orders related to critical minerals into permanent law. This means the government will continue efforts to boost domestic mineral production and reduce reliance on foreign suppliers, potentially impacting price stability and availability of products containing these minerals.
Key points
Strengthening domestic mineral production: The act aims to increase the extraction and processing of critical minerals within the United States.
Reduced reliance on foreign suppliers: These actions are intended to lessen the risk of supply disruptions for important raw materials, potentially affecting economic stability.
Support for the mining industry: The act supports domestic companies involved in mineral extraction and processing, which could create new jobs.
Introduced
Additional Information
Print number: 119_HR_4370
Sponsor: Rep. Palmer, Gary J. [R-AL-6]
Process start date: 2025-07-14