Title 50 › Chapter 5— ARSENALS, ARMORIES, ARMS, AND WAR MATERIAL GENERALLY › Subchapter III— ACQUISITION AND DEVELOPMENT OF STRATEGIC RAW MATERIALS › § 98e–2
The Secretary of Defense can sign one or more multiyear contracts to buy critical minerals that are processed in the United States. That can only happen if allowed by section 3501 of title 10 and paid from money made available from the National Defense Stockpile Transaction Fund by discretionary appropriations Acts after December 22, 2023. Those multiyear contracts count as acquisitions under the Strategic and Critical Materials Stock Piling Act. Starting in fiscal year 2024, the Secretary may also sign contracts to buy these domestically processed minerals in advance. Any payments for years after fiscal year 2024 depend on funds being available for those years. Definitions: "critical mineral" — a mineral listed as strategic and critical under section 3(a) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98b(a)); "processed" — includes processing or recycling, such as separation, reduction, metallization, alloying, milling, pressing, strip casting, and sintering; "domestic source" — as defined in section 4552 of this title.
Full Legal Text
War and National Defense, Source: USLM XML via OLRC
Legislative History
Reference
Citation
50 U.S.C. § 98e–2
Title 50, War and National Defense
Last Updated
Apr 5, 2026
Release point: 119-73not60