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Requires the Secretary of the Interior to gather and publish regular reports and strategies on global supplies of critical minerals and specified rare earth elements, including who controls deposits and details about mines, processing, and recycling capacity. It also creates a notice process for U.S. persons planning to divest foreign mining assets and mandates a strategy plus annual progress reports to help allies develop advanced mining, processing, and recycling technologies.
The law sets definitions, reporting schedules, required report contents, and an annual technology-development progress update for allied partners. It increases federal monitoring and strategic planning of mineral supply chains and adds a compliance step for U.S. persons disposing of foreign mining interests.
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced February 27, 2025 by John Cornyn · Last progress February 27, 2025