HR7037119th CongressWALLET

Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act

Sponsored By: Representative Kim

Introduced

Summary

This bill would create a U.S.-led strategy to secure and diversify critical mineral and energy supply chains. It focuses on allied partnerships, mobilizing finance and private capital, and boosting domestic mining and recycling while advancing labor, environmental, and traceability standards.

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  • Launches a Minerals Security Partnership (MSP) to negotiate allied cooperation, co-finance mining and processing projects, and maintain an MSP database to attract private investment. Energy Security Compacts and related funding are authorized beginning fiscal year 2026.
  • Creates a new Assistant Secretary for Energy Security and Diplomacy, a Bureau of Energy Security and Diplomacy, and an Office of Energy Security Compacts to lead policy, staffing, and project implementation. The Office's authority ends after 10 years and it requires regular reports and briefings.
  • Requires environmental, labor, and governance standards, protects sensitive geological and trade-secret information, and bars Compact funds for military aid or projects likely to cause major U.S. job loss or severe environmental harm. The Government Accountability Office must evaluate Compacts within two years and annually thereafter.

Bill Overview

Analyzed Economic Effects

5 provisions identified: 5 benefits, 0 costs, 0 mixed.

Mining fellowships and visiting scholars

If enacted, the bill would add a Critical Mineral Fellowship for U.S. students and recent postdocs to study at foreign mining programs, generally for about one year, with allowances for tuition, housing, visa fees, relocation, and research costs. It would also create a Visiting Mining Scholars program to bring non-U.S. mining experts to U.S. institutions for about three months to a year and provide living allowances. The programs would prioritize partner-country and Minerals Security Partnership placements and require annual reporting to Congress after the initial cohorts.

Energy Security Compacts and Office

If enacted, the government would set up multiyear Energy Security Compacts with partner countries using funds available starting in fiscal year 2026. Each Compact would need a public multiyear financial plan, competitive procurement, and U.S. assistance would be exempt from partner-country taxation. Compacts could not fund military training, projects likely to cause substantial U.S. job losses or serious unmitigable environmental or safety hazards. The Secretary would create an Office and Director to run Compacts, give Congress a 30-day briefing before signing, and Act funds could not go to entities owned or run by the President, Vice President, or their immediate family.

Mineral project database and membership

If enacted, the Minerals Security Partnership would include a government database of critical mineral projects to give private investors up-to-date information and spur investment. The law would require procedures to protect geological and trade-secret data by aggregating or masking sources and would limit detailed release except during an international energy supply emergency or with presidential certification. The United States could also keep membership in the International Nickel Study Group and pay assessed contributions beginning in fiscal year 2026.

Definitions for critical minerals and mining

If enacted, the bill would add definitions used across the Act. "Critical mineral" would follow the Energy Act list as of January 1, 2026 and would specifically include gold and copper. The law would also define "mining industry," "mining education program," "advanced degree," and "mining profession" to clarify who and what the programs cover.

Faster hiring for energy bureau

If enacted, the Secretary would have one-year authority to appoint and set pay for staff of the new Bureau of Energy Security and Diplomacy without normal competitive hiring rules. The Secretary would be required to prioritize rehiring employees who left the prior bureau in 2025 when their skills match. The Assistant Secretary must report to Congress within 180 days and then give a strategy report annually for three years.

Sponsors & CoSponsors

Sponsor

Kim

CA • R

Cosponsors

  • Bera

    CA • D

    Sponsored 1/13/2026

  • Mast

    FL • R

    Sponsored 1/13/2026

  • Huizenga

    MI • R

    Sponsored 1/13/2026

  • Olszewski

    MD • D

    Sponsored 1/13/2026

  • Shreve

    IN • R

    Sponsored 1/13/2026

  • Wittman

    VA • R

    Sponsored 1/13/2026

  • Stanton

    AZ • D

    Sponsored 1/13/2026

  • Lawler

    NY • R

    Sponsored 1/13/2026

  • Panetta

    CA • D

    Sponsored 1/13/2026

  • Titus

    NV • D

    Sponsored 1/13/2026

  • Moore (NC)

    NC • R

    Sponsored 1/13/2026

  • Castro (TX)

    TX • D

    Sponsored 1/13/2026

  • Del. Radewagen, Aumua Amata Coleman [R-AS-At Large]

    AS • R

    Sponsored 1/13/2026

  • Salazar

    FL • R

    Sponsored 1/23/2026

  • Miller-Meeks

    IA • R

    Sponsored 1/23/2026

  • Moolenaar

    MI • R

    Sponsored 2/4/2026

  • Fong

    CA • R

    Sponsored 2/4/2026

Roll Call Votes

No roll call votes available for this bill.

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