Washington, DC—Responding to the introduction of “Magnets Value Chain Support Act” by U.S. Representatives John Moolenaar and Ro Khanna, Abigail Hunter, Executive Director of SAFE’s Center for Critical Mineral Strategy, gave the following statement:
“A permanent magnet supply chain is only as strong as its weakest link, and nearly every stage today sits in the hands of a strategic adversary,” said Abigail Hunter. “By extending tax incentives across the entire supply chain, Congress is recognizing that true resilience requires investment at every step. Combined with the domestic sourcing bonus, these provisions strengthen both America’s industrial competitiveness and its national security by creating demand for materials and products sourced from the United States and trusted allies.”
SAFE’s Center for Critical Minerals Strategy has been highly engaged in the dialogue around building and strengthening critical minerals supply chains with allies. The Center recently published an analysis of the House-proposed FY27 National Defense Authorization Act’s revised sourcing restrictions framework, examining how it could support the development of U.S.-owned production capacity for strategically important materials and outlining the steps needed to provide the certainty required for long-term investment decisions.
More SAFE Research:
- Trading Tensions: Navigating Policy Tools for a Diverse Critical Minerals Supply Chain
- Resources for Resources: Financing Critical Minerals Supply Chains
- A Global Race to the Top for Critical Minerals
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About SAFE
SAFE is an action-oriented, nonpartisan organization committed to transportation, energy, and supply chain policies that advance the economic and national security of the United States, its partners, and allies. Since 2004, SAFE has worked with its Energy Security Leadership Council—a peerless coalition of current and former Fortune 500 CEOs and retired 4-star admirals and generals—to support secure, resilient, and sustainable energy solutions. Learn more at SecureEnergy.org.
