Securing America’s Critical Minerals Supply Act

Energy Department plan to secure minerals

This bill would task the Energy Department with securing supplies of key energy minerals. It would define critical energy resources as materials essential to U.S. energy systems with supply chains at risk. The Department would run ongoing checks of these supply chains with federal agencies, states, and energy companies. It would review import reliance, monopoly risks, labor or material shortages, federal rules, and actions by adversarial nations. It would seek to diversify sources, boost U.S. production, separation, and processing, find substitutes, and improve reuse and recycling. The Department would report to the House Energy and Commerce and Senate Energy and Natural Resources Committees within two years after enactment on progress and actions taken. If enacted, this could lower the chance of supply shocks and support stable energy and technology markets for households.