# 119-s-596: Critical Materials Future Act of 2025

119-s-596, Critical Materials Future Act of 2025, is a 119th Congress bill sponsored by Sen. Hickenlooper, John W. [D-CO] (D-CO); status in_committee; PRIA reads it as touching household money (as of 2026-09-25).

- Canonical: https://policyrisk.com/legislation/119-s-596
- As of: 2026-09-25
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-596
- Congress: 119
- Title: Critical Materials Future Act of 2025
- Status: in_committee
- Introduced: 2025-02-13
- Sponsor: Sen. Hickenlooper, John W. [D-CO] (D-CO)
- Cosponsors: 3
- Policy area: Energy
- Touches household money: yes
- Last recorded action: 2026-09-25

## Summary

**Expand domestic critical materials processing to reduce supply chain vulnerabilities.** It would create a Department of Energy pilot that uses innovative financial tools to attract private investment and test price‑support and other mechanisms for at least three domestic processing projects. - Would back domestic miners and processors with contracts, grants, cooperative agreements, and price‑support tools to stabilize project revenue. The pilot must support not fewer than three projects and may not give more than 50 percent of pilot funding to any single material. - Would aim to draw private capital and reinvest project revenues by creating a Critical Materials Revolving Fund and allowing flexible contracting and other transactions to make projects more attractive to investors. - Would coordinate Commerce, Defense, Interior, State, US Geological Survey, USTR, and DARPA to prioritize projects that cut imports from listed "entities of concern" and to require annual reporting and a post‑pilot study on cost effectiveness and market transparency. *Would authorize $750 million in appropriations for the pilot, increasing federal spending by that amount.*

## Cosponsors (3)

- Sen. Graham, Lindsey [R-SC] (R-SC), 2025-02-13T00:00:00.000Z
- Sen. Coons, Christopher A. [D-DE] (D-DE), 2025-02-13T00:00:00.000Z
- Sen. Young, Todd [R-IN] (R-IN), 2025-02-13T00:00:00.000Z

## Provisions PRIA read

- New financing tools and revolving fund: benefit, medium. If enacted, the Secretary would be allowed to use new "innovative financial tools" to lower price and market risk for projects. Tools named include contracts for differences, price floors, advanced market commitments, and forward contracts, plus other transaction authorities. The bill would create…
- Pilot to fund domestic material processors: benefit, medium. If enacted, the bill would authorize $750 million for a DOE pilot to support U.S. critical material processors. The Department would have to set up the pilot within 180 days. The pilot must back at least three projects covering at least three different critical materials. No single material could g…
- Project selection rules for businesses: benefit, low. If enacted, the Secretary would pick pilot projects based on national security, energy, and economic impact and on financial sustainability. Projects that use domestic or otherwise reliable feedstock and that can secure offtake deals would get priority. The Secretary must coordinate with other agen…

## Related bills

- 119-s-1748: Kids Online Safety Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-1261: CONNECT for Health Act of 2025
- 119-s-1462: Fix Our Forests Act

## Sources
- [119-s-596 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/596)

## Related
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3923)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-1261: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-s-1261)
- [119-s-1462: Fix Our Forests Act](https://policyrisk.com/legislation/119-s-1462)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-596 (as of 2026-09-25).