Sec. 502. Report on investments of the Russian Federation and the People’s Republic of China in foreign mining and processing industries
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Not later than 180 days after the date of the enactment of this Act and annually thereafter for 5 years, the Secretary, acting through the Director of the United States Geological Survey, in consultation with the Secretary of Commerce, the Secretary of State, and the Secretary of Homeland Security, shall submit to the appropriate congressional committees a report that— describes the involvement of the Government of the People’s Republic of China, People’s Republic of China state-sponsored companies, and companies incorporated in the People’s Republic of China and the involvement of the Government of the Russian Federation, state-sponsored companies of the Russian Federation, and companies incorporated in the Russian Federation in the exploration, planning, development, operation, production, financing, or ownership of mining or processing facilities as identified in global investment trends by the World Mineral Outlook, and in countries identified in the United States Geological Survey’s Annual Mineral Commodity Summaries for which the United States imports minerals, metals, and materials; and evaluates strategic or security concerns and implications for United States national security and economic interests and the interests of the countries identified pursuant to paragraph
(1)with respect to the People’s Republic of China’s involvement and influence in developing the country’s mining and processing industries. The report required under subsection
(a)shall be published on the respective websites of the Department of State, the Department of Commerce, the Department of Homeland Security, and the United States Geological Survey. In this section, the term appropriate congressional committees means— the Committee on Natural Resources, the Committee on Foreign Affairs, the Committee on Energy and Commerce, and the Committee on Homeland Security of the House of Representatives; and the Committee on Energy and Natural Resources, the Committee on Foreign Relations, the Committee on Finance, and the Committee on Homeland Security and Governmental Affairs of the Senate.