Introduced January 15, 2026 by Jeanne Shaheen · Last progress January 15, 2026
The bill trades significant federal investment and institutional capacity to secure domestic critical-mineral supplies and strengthen national security against increased taxpayer exposure, potential market distortions, administrative complexity, and local environmental and transparency risks.
Manufacturers, defense firms, and other U.S. industries gain more reliable access to critical minerals through a federally managed Reserve, targeted acquisitions, partner-country sourcing, and foreign-influence limits, strengthening supply-chain resilience and national security.
Domestic producers, processors, recyclers, and related workers benefit from direct funding and financing (including up to $2.5 billion) that supports production, processing, recycling, and critical-minerals infrastructure, creating jobs and industrial activity.
The Act encourages reuse, repurpose, and recycling (secondary supplies), helping reduce long-term reliance on new mining, support local recycling jobs, and lower environmental impacts over time.
Taxpayers bear direct fiscal costs (a $2.5 billion appropriation) and ongoing financial exposure from Reserve purchases, loans, equity investments, and potential investment losses.
Active market interventions, production targets, and prioritizing domestic projects risk distorting commercial markets, disadvantaging lower-cost foreign producers, crowding out private investment, and potentially raising consumer prices.
Expanding domestic mining, processing, property acquisition, and storage construction can cause local environmental harms, pollution, land-use conflicts, and public-health risks for nearby communities.
Based on analysis of 12 sections of legislative text.
Creates a federal Strategic Resilience Reserve to finance, acquire, store, and support domestic and partner‑country critical minerals and recycling, and authorizes $2.5B with governance and oversight rules.
Creates a new federally owned Strategic Resilience Reserve to buy, finance, store, and otherwise support critical minerals and materials needed for industry and national defense. The Reserve is authorized $2.5 billion, governed by a seven-member Board appointed by the President, and given powers to acquire facilities and materials, contract with private parties, prioritize domestic production and partner countries, and develop recycling and reuse capacity. The Act sets eligibility rules for which minerals and materials the Reserve can support, limits foreign influence in authorized intermediaries, requires public reporting and audits, and establishes oversight committees and Comptroller General reviews to ensure transparency and risk management. It also directs the Reserve to set production and dependence targets and to safeguard stable, sustainable market conditions while protecting national security interests.