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Code · BILL · 119th Congress · H.R. 7644 (Introduced in House) — To amend the Millennium Challenge Act of 2003 to modify the authorities of the Millennium Challenge Corporation relat... · Sec. 5

Sec. 5. Critical Minerals Task Force

146 words·~1 min read·/bill/119/hr/7644/ih/section-5·

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Section 604 of the Millennium Challenge Act of 2003 ( 22 U.S.C. 7703 ) is amended by adding at the end the following: The Board of Directors shall establish in the Corporation a Critical Minerals Task Force (in this subsection referred to as the Task Force ). The Task Force shall— assess global and regional critical mineral supply chain vulnerabilities to United States economic and national security; identify candidate countries in which Corporation engagement could enhance transparent, diversified, and sustainable mineral supply chains; evaluate infrastructure, regulatory, environmental, labor, and governance constraints affecting mineral development and downstream processing; recommend priority policy reforms and investment areas appropriate for Corporation assistance; and coordinate, as appropriate, with relevant United States Government agencies, multilateral institutions, and private sector stakeholders.
Nothing in this subsection may be construed to authorize the Corporation to engage in extractive activities or to subsidize mineral production. .
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Sec. 5
Critical Minerals Task Force
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