Critical Minerals Security Act of 2024

Summary

Critical Minerals Security Act of 2024 This bill establishes requirements for the Department of the Interior related to securing U.S. access to critical minerals and rare earth element (REE) resources.  Critical minerals mean any mineral, element, substance, or material designated as critical by the U.S. Geological Survey.  REEs mean cerium, dysprosium, erbium, europium, gadolinium, holmium, lanthanum, lutetium, neodymium, praseodymium, promethium, samarium, scandium, terbium, thulium, ytterbium, and yttrium.  First, Interior must report on the critical mineral and REE resources around the world. Among other information, the report must include an assessment of the global ownership and supply of critical mineral and REE resources. Interior must submit the report within a year and every two years thereafter. Next, Interior must establish a process to assist a U.S. person—a U.S. citizen, a non-U.S. national (alien under federal law) lawfully admitted for permanent residence, or an entity organized under U.S. laws—seeking to divest stock in mining, processing, or recycling operations for critical minerals and REEs in a foreign country with finding a purchaser that is not under the control of North Korea, China, Russia, or Iran. Finally, Interior must develop (1) a strategy to collaborate with U.S. allies and partners to develop advanced mining, refining, separation, processing, and recycling technologies; and (2) a method for sharing related intellectual property with U.S. allies and partners to enable those countries to license those technologies and develop their resources.

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Timeline

1. 18 January 2024

   Introduced

   Read twice and referred to the Committee on Energy and Natural Resources.

   Source: IntroReferral

2. 18 January 2024

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 19 November 2024

   Reported

   Committee on Energy and Natural Resources. Ordered to be reported with an amendment in the nature of a substitute favorably.

   Source: Committee

4. 21 November 2024

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 607.

   Source: Calendars

5. 21 November 2024

   Reported

   Committee on Energy and Natural Resources. Reported by Senator Manchin with an amendment in the nature of a substitute. Without written report.

   Source: Committee

6. 21 November 2024

   Reported

   Committee on Energy and Natural Resources. Reported by Senator Manchin with an amendment in the nature of a substitute. Without written report.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Reported to Senate · 21 November 2024 · Download file
• Introduced in Senate · 18 January 2024 · Download file

Documents

5 official files

• Reported to Senate (text)

  Reported to Senate · EN · 21 November 2024

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• Reported to Senate (PDF)

  Reported to Senate · EN · 21 November 2024

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• Reported to Senate

  summary · EN · 21 November 2024

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• Introduced in Senate (text)

  Introduced in Senate · EN · 18 January 2024

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 18 January 2024

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Cornyn, John [R-TX] · R · Sponsor
• Sen. Warner, Mark R. [D-VA] · D · Sponsor
• Sen. Young, Todd [R-IN] · R · Sponsor
• Sen. King, Angus S., Jr. [I-ME] · I · Sponsor
• Sen. Lankford, James [R-OK] · R · Sponsor
• Sen. Hickenlooper, John W. [D-CO] · D · Sponsor
• · sseg00 · Standing

Related records

• related to ← Critical Minerals Security Act of 2024