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HR7037119th CongressWALLET
Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act
Sponsored By: Representative Kim, Young [R-CA-40]
Passed House
Summary
Secure, diversified critical minerals supply chains is the bill's main goal. It would coordinate U.S. diplomacy, finance, and new State Department offices to boost mining, processing, recycling, and allied partnerships while reducing reliance on strategic competitors.
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- Creates a new Assistant Secretary for Energy Security and Diplomacy and a Bureau of Energy Security and Diplomacy to lead international energy and critical minerals policy. The bill allows temporary hiring and pay flexibilities for up to 1 year to staff the Bureau.
- Establishes an Office of Energy Security Compacts and a Director who could merge existing authorized funds to make multiyear Compacts with partner countries and agencies like the U.S. International Development Finance Corporation. Compacts may run up to 10 years and must meet eligibility, transparency, and safeguards against major job loss or severe environmental harms.
- Authorizes U.S. leadership in a Minerals Security Partnership to share data, coordinate investments, form joint bids, and set market-based rules that protect labor and the environment. It also requires a diplomatic strategy within 180 days and a mechanism to certify and support foreign critical mineral projects.
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 2 benefits, 0 costs, 3 mixed.
Mining fellowships and scholar exchanges
U.S. citizens with the right degrees would be able to get funded fellowships to study mining abroad. The allowance would cover tuition, required fees, living costs, textbooks, visa and immigration fees, relocation, and research, usually for at least one year. Non‑U.S. mining professionals and academics would be able to come to U.S. institutions for 3 to 12 months with a living allowance, with a goal of at least 10 scholars when feasible. The bill would define key terms, and gold and copper would count as critical minerals starting January 1, 2026.
New energy compacts with safeguards
The State Department would set up an Office to negotiate and run Energy Security Compacts. The Secretary would be able to move money from National Security Investment Programs and merge it with USTDA, MCC, DFC, or Ex‑Im funds starting in fiscal year 2027. Each compact would have to exempt U.S. assistance from partner‑country taxes. Compacts would not fund military aid or projects likely to cause big U.S. job losses or serious, unfixable environmental or safety harm. GAO would review compact projects not later than two years after enactment and every year after. The Office’s authority would end 10 years after enactment unless Congress extends it.
Stronger minerals partnership and data rules
The United States would lead a Minerals Security Partnership to find and support mining, processing, and refining projects with trusted allies. The Partnership would run a project database; the government would keep data sources anonymous and follow confidentiality laws. Data would be shared with partners only during an international energy emergency or if the President certifies strong security rules by partners. The State Department would prioritize hiring staff with deep minerals, finance, and policy expertise to run this work.
One-year fast hiring for energy diplomacy
For one year after enactment, the Secretary would be able to hire for the Bureau of Energy Security and Diplomacy without normal competitive hiring rules. The Secretary would be able to set base pay outside the regular federal pay scales. Priority would go to people laid off in 2025 from the Bureau of Energy and Natural Resources and to candidates with needed expertise.
Keep U.S. in nickel group
The President would keep the United States in the International Nickel Study Group. Starting in fiscal year 2026, U.S. dues would be paid from funds authorized under the United Nations Participation Act. This would affect federal spending more than household budgets.
Sponsors & CoSponsors
Sponsor
Kim, Young [R-CA-40]
CA • R
Cosponsors
Rep. Bera, Ami [D-CA-6]
CA • D
Sponsored 1/13/2026
Rep. Mast, Brian J. [R-FL-21]
FL • R
Sponsored 1/13/2026
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 1/13/2026
Rep. Olszewski, Johnny [D-MD-2]
MD • D
Sponsored 1/13/2026
Rep. Shreve, Jefferson [R-IN-6]
IN • R
Sponsored 1/13/2026
Rep. Wittman, Robert J. [R-VA-1]
VA • R
Sponsored 1/13/2026
Rep. Stanton, Greg [D-AZ-4]
AZ • D
Sponsored 1/13/2026
Rep. Lawler, Michael [R-NY-17]
NY • R
Sponsored 1/13/2026
Rep. Panetta, Jimmy [D-CA-19]
CA • D
Sponsored 1/13/2026
Rep. Titus, Dina [D-NV-1]
NV • D
Sponsored 1/13/2026
Rep. Moore, Tim [R-NC-14]
NC • R
Sponsored 1/13/2026
Rep. Castro, Joaquin [D-TX-20]
TX • D
Sponsored 1/13/2026
Del. Radewagen, Aumua Amata Coleman [R-AS-At Large]
AS • R
Sponsored 1/13/2026
Rep. Salazar, Maria Elvira [R-FL-27]
FL • R
Sponsored 1/23/2026
Rep. Miller-Meeks, Mariannette [R-IA-1]
IA • R
Sponsored 1/23/2026
Rep. Moolenaar, John R. [R-MI-2]
MI • R
Sponsored 2/4/2026
Rep. Fong, Vince [R-CA-20]
CA • R
Sponsored 2/4/2026
Rep. Vindman, Eugene Simon [D-VA-7]
VA • D
Sponsored 2/9/2026
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 2/10/2026
Rep. Barr, Andy [R-KY-6]
KY • R
Sponsored 2/11/2026
Rep. Bilirakis, Gus M. [R-FL-12]
FL • R
Sponsored 2/11/2026
Rep. Moore, Blake D. [R-UT-1]
UT • R
Sponsored 4/13/2026
Rep. Bice, Stephanie I. [R-OK-5]
OK • R
Sponsored 4/20/2026
Rep. Miller, Max L. [R-OH-7]
OH • R
Sponsored 4/14/2026
Rep. Evans, Gabe [R-CO-8]
CO • R
Sponsored 4/27/2026
Rep. Horsford, Steven [D-NV-4]
NV • D
Sponsored 5/11/2026
Rep. Sherman, Brad [D-CA-32]
CA • D
Sponsored 5/12/2026
Rep. Harrigan, Pat [R-NC-10]
NC • R
Sponsored 5/13/2026
Rep. Mackenzie, Ryan [R-PA-7]
PA • R
Sponsored 6/2/2026
Rep. Malliotakis, Nicole [R-NY-11]
NY • R
Sponsored 6/3/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov