Sec. 1063. Ensuring reliable supply of critical minerals
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/bill/118/s/2226/es/section-1063·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the sense of Congress that— the People's Republic of China’s dominant share of the global minerals market is a threat to the economic stability, well being, and competitiveness of key industries in the United States; the United States should reduce reliance on the People's Republic of China for critical minerals through— strategic investments in development projects, production technologies, and refining facilities in the United States; and in partnership with strategic allies of the United States that are reliable trading partners, including members of the Quadrilateral Security Dialogue; and the United States Trade Representative should initiate multilateral talks among the countries of the Quadrilateral Security Dialogue to promote shared investment and development of critical minerals.
Not later than 120 days after the date of the enactment of this Act, the United States Trade Representative, in consultation with the officials specified in paragraph (3), shall submit to the appropriate congressional committees a report on the work of the Trade Representative to address the national security threat posed by the People’s Republic of China’s control of nearly 2/3 of the global supply of critical minerals. The report required by paragraph
(1)shall include— a description of the extent of the engagement of the United States with the other countries of the Quadrilateral Security Dialogue to promote shared investment and development of critical minerals during the period beginning on the date of the enactment of this Act and ending on the date of the report; and a description of the plans of the President to leverage the partnership of the countries of the Quadrilateral Security Dialogue to produce a more reliable and secure global supply chain of critical minerals. The officials specified in this paragraph are the following: The Secretary of Commerce. The Chief Executive Officer of the United States International Development Finance Corporation. The Secretary of Energy. The Director of the United States Geological Survey. In this subsection, the term appropriate congressional committees means— the Committee on Finance and the Committee on Energy and Natural Resources of the Senate; and the Committee on Ways and Means and the Committee on Energy and Commerce of the House of Representatives.