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US HR7662

US HR7662
Critical Minerals Security Act of 2024


summary

Introduced
03/13/2024
In Committee
11/18/2024
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To require reports on critical mineral and rare earth element resources around the world and a strategy for the development of advanced mining, refining, separation, and processing technologies.

AI Summary

This bill, the Critical Minerals Security Act of 2024, requires the Secretary of the Interior to submit biennial reports on critical mineral and rare earth element resources around the world. The reports will assess which resources are controlled by foreign entities of concern, allied countries, or other entities, and provide details on mining operations, including ownership and access to resources. The bill also directs the Secretary to establish a process for United States persons to notify the government of their intention to divest stock in foreign mining or processing operations, and to develop a strategy to collaborate with U.S. allies on developing advanced mining and processing technologies.

Committee Categories

Agriculture and Natural Resources

Sponsors (11)

Last Action

Subcommittee Hearings Held (on 11/19/2024)

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