Bill > S4712

This bill, the Global Strategy for Securing Critical Minerals Act of 2024, aims to increase support from the United States government for critical minerals projects outside the United States. Key provisions include: - Streamlining diplomatic efforts to secure critical material supply chains and coordinate with allies and partners on critical materials projects and technologies. - Expanding financial tools and authorities at the U.S. International Development Finance Corporation, Export-Import Bank, and Department of Energy to support onshoring of critical materials production and processing capabilities. - Increasing collaboration with U.S. allies and partners on critical materials mapping, mining, and technology research. - Enhancing public-private information sharing on threats from foreign adversaries in critical materials projects. - Coordinating government financing tools to support private sector investment in critical materials projects abroad. - Increasing support for U.S. procurement of critical materials and imposing duties on imports from non-allied countries. - Establishing a workforce development initiative to incentivize and expand education and training programs related to critical materials. Overall, the bill aims to strengthen U.S. diplomatic, financial, and technological capabilities to secure critical mineral supply chains and reduce reliance on adversaries like China.