The reserve would also craft a list of critical minerals and materials annually in collaboration with other federal agencies, including the Department of Energy and the U.S. Geological Survey. They already produce their own separate lists.
Abigail Hunter, executive director of SAFE’s Center for Critical Minerals Strategy, applauded the package of bills, calling it a “vital step in securing a strategic and sustainable path for U.S. competitiveness in the global economy.”
Separately on Wednesday, a group of bipartisan senators released a plan to bolster supply chains for critical minerals, including rare earth elements.
Read the full story: Republicans pitch $2.5B mineral reserve