Text
H.R. 2637, the American Critical Mineral Independence Act
Summary
The American Critical Mineral Independence Act works to reduce reliance on critical minerals sourced and processed overseas by supporting responsible domestic mineral development and innovation in the U.S. Many of these minerals are essential to our modern way of life, with applications in health care, defense systems, smartphones, laptops, battery storage and renewable energy technologies.
Key provisions include:
- Streamlining the federal permitting process
- Establishing a competitive grant program that would develop studies, research, and demonstration projects related to critical mineral production
- Incentivizing new technology that would make mineral extraction cleaner, cheaper, and safer, even in mine waste sites
- Directing agencies to consider the geopolitical implications of critical minerals decision
- Prohibiting the Interior Department from imposing any kind of moratorium or ban on critical minerals mining without congressional approval
Status
Follow the bill's progress HERE