# 119-s-3659: SECURE Minerals Act of 2026 119-s-3659, SECURE Minerals Act of 2026, is a 119th Congress bill sponsored by Sen. Shaheen, Jeanne [D-NH] (D-NH); status introduced; PRIA reads it as touching household money (as of 2026-09-10). - Canonical: https://policyrisk.com/legislation/119-s-3659 - As of: 2026-09-10 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-s-3659 - Congress: 119 - Title: SECURE Minerals Act of 2026 - Status: introduced - Introduced: 2026-01-15 - Sponsor: Sen. Shaheen, Jeanne [D-NH] (D-NH) - Cosponsors: 9 - Policy area: Energy - Touches household money: yes - Last recorded action: 2026-09-10 ## Summary **Would create a Strategic Resilience Reserve Corporation to secure U.S. supplies of critical minerals and materials.** It would set rules to stabilize supply and prices, prioritize domestic production and recycling, and give the board broad powers to buy, lend, and sell materials while blocking support to specified foreign entities of concern. - Domestic manufacturers, miners, and recyclers: Would get prioritized access to loans, purchases, and investments to expand U.S. processing, reuse, and recycling capacity. - Partner countries and international cooperation: Would let partner countries co-invest with a minimum $100 million contribution in separate accounts and join an International Advisory Council to advise on financing and acquisitions. - Board governance, oversight, and transparency: Would create a seven-member presidentially appointed board with ethics rules, mandatory biennial risk and vulnerability assessments, independent annual audits, and a publicly available transaction database with limited national-security holdbacks. *Would appropriate $2.5 billion to the Reserve, available until expended.* ## Cosponsors (9) - Sen. Young, Todd [R-IN] (R-IN), 2026-01-15T00:00:00.000Z - Sen. Rounds, Mike [R-SD] (R-SD), 2026-01-15T00:00:00.000Z - Sen. Cortez Masto, Catherine [D-NV] (D-NV), 2026-01-15T00:00:00.000Z - Sen. King, Angus S., Jr. [I-ME] (I-ME), 2026-02-02T00:00:00.000Z - Sen. Sheehy, Tim [R-MT] (R-MT), 2026-02-02T00:00:00.000Z - Sen. Slotkin, Elissa [D-MI] (D-MI), 2026-02-26T00:00:00.000Z - Sen. Justice, James C. [R-WV] (R-WV), 2026-02-26T00:00:00.000Z - Sen. Kaine, Tim [D-VA] (D-VA), 2026-03-02T00:00:00.000Z - Sen. McCormick, David [R-PA] (R-PA), 2026-03-02T00:00:00.000Z ## Provisions PRIA read - Buy, store, and sell minerals: benefit, high. If enacted, the bill would let the Reserve buy critical minerals and use futures, options, and direct contracts to build a physical and financial reserve. The Reserve could buy land and storage, store materials in U.S. or audited private facilities, and sell materials to address shortages or price… - Create strategic minerals reserve: benefit, high. If enacted, the bill would create a government-owned Strategic Resilience Reserve Corporation to buy, store, and finance critical minerals. The Reserve would aim to stabilize supply and prices and promote U.S. and partner-country production. The bill would authorize $2.5 billion to capitalize the R… - Board rules and ethics set: benefit, medium. If enacted, the bill would create a seven-member Board of Governors, appointed by the President and confirmed by the Senate, to run the Reserve. The President must appoint the initial Board within 180 days and the Board must set approval thresholds and form Risk and Audit Committees. Board members… - Partner country co-investment rules: benefit, medium. If enacted, the bill would let approved partner countries put money into the Reserve, with a minimum contribution of $100 million indexed yearly to the Personal Consumption Expenditures index. Partner funds must be kept in separate accounts, may be returned, and cannot come from covered countries o… - Risk, data, and production standards: benefit, medium. If enacted, the bill would create Reserve divisions to track market risks, collect transaction and cost data, and set production and labor standards. The Reserve would produce a biennial Risk & Vulnerability Assessment and annual reports on methodologies and assessments. The bill would also require… - Rules on which minerals qualify: benefit, medium. If enacted, the bill would require the Reserve to publish and update, at least yearly, a list of eligible critical minerals and materials. A mineral would qualify only if it is a non-fuel item on USGS or DOE critical lists or designated by the Defense Logistics Agency director and judged vulnerable… - Loans and financing to intermediaries: mixed, high. If enacted, the bill would let the Reserve make loans and other financing to Board-approved private "authorized intermediaries" that fund producers and processors. Loan terms could include preferential rates (tied to the Federal funds rate), non-recourse project loans, advanced market commitments,… ## Related bills - 119-s-1261: CONNECT for Health Act of 2025 - 119-s-1289: 25th Anniversary of 9/11 Commemorative Coin Act - 119-s-1032: Major Richard Star Act - 119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former United States Senator for the State of Kansas. - 119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewellyn Kyl, former Senator for the State of Arizona. - 119-sres-801: A resolution honoring the life and legacy of the Honorable Lindsey Olin Graham, a Senator from the State of South Carolina. ## Sources - [119-s-3659 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3659) ## Related - [119-s-1261: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-s-1261) - [119-s-1289: 25th Anniversary of 9/11 Commemorative Coin Act](https://policyrisk.com/legislation/119-s-1289) - [119-s-1032: Major Richard Star Act](https://policyrisk.com/legislation/119-s-1032) - [119-sres-913: A resolution relating to the death of the Honorable Nancy Kassebaum, former Uni…](https://policyrisk.com/legislation/119-sres-913) - [119-sres-897: A resolution honoring the life, service, and legacy of the Honorable Jon Llewel…](https://policyrisk.com/legislation/119-sres-897) - [119-sres-801: A resolution honoring the life and legacy of the Honorable Lindsey Olin Graham,…](https://policyrisk.com/legislation/119-sres-801) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-s-3659 (as of 2026-09-10).