Minerals Security Partnership Authorization Act

Summary

Creates a U.S. policy to work with allied countries to secure supplies of critical minerals and directs the President to negotiate an international agreement to form a coalition that promotes mining, processing, valuation, and advanced manufacturing of those minerals. The measure emphasizes market-based incentives, support for domestic production, protections for labor and the environment, and tools to help developing countries benefit from their mineral resources while reducing reliance on supply chains controlled by strategic competitors.

• Authorizes the President to negotiate an international coalition to secure critical mineral supply chains with allies and partners.
• Prioritizes U.S. domestic mineral development while reducing dependence on supply chains dominated by strategic competitors.
• Focuses on the full supply chain: mining, refining, processing, valuation, advanced manufacturing, and transportation.
• Encourages market-based incentives and economic tools such as cost-sharing, political risk insurance, and financing to support projects in trusted producer countries.
• Calls for shared rules and disciplines for qualifying tax and other incentives to ensure balanced, market-based approaches.
• Requires promotion of best practices to protect labor rights, environmental safeguards, and community safety.
• Seeks to boost capacity and economic growth in developing countries with critical mineral reserves through cooperative measures.
• Does not itself appropriate funds or change tax law; it authorizes negotiation and policy direction for future actions.