Sec. 1411. Report on development of secure supply of rare earth materials
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Not later than one year after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the congressional defense committees a report on the supply of rare earth materials extracted, processed, and refined from secure sources of supply to develop and produce advanced technologies in support of requirements of the Department of Defense. The report required by subsection
(a)shall include the following: A description of the current capacity for extracting, processing, and refining rare earth materials from secure sources of supply in support of requirements of the Department of Defense. An evaluation of the current global supply and demand for rare earth materials, prices for such materials, and trends and projections relating to such materials. A description of any challenges relating to developing the capacity from secure sources of supply to extract, process, and refine rare earth materials in support of requirements of the Department of Defense, including challenges relating to ownership of intellectual property. A description of any constraints faced by suppliers of rare earth materials for the Department of Defense in trying to meet the demand for such materials using foreign suppliers of such materials. An assessment of the current role of the Department of Defense in the development of a secure supply chain for rare earth materials. An assessment of the future plans and quantities for rare earth materials related to the National Defense Stockpile, including the potential role of the Federal Government in the development of secure sources of supply.