Bill 118 hr 7807, also known as the Intergovernmental Critical Minerals Task Force Act, is a piece of legislation introduced in the US Congress. The purpose of this bill is to establish a task force that will focus on critical minerals, which are essential for various industries such as technology, defense, and energy.
The task force will be comprised of representatives from federal, state, tribal, and local governments, as well as industry experts. Their main objective will be to assess the current state of critical mineral resources in the United States, identify potential challenges in accessing these resources, and develop strategies to ensure a stable and secure supply of critical minerals.
Additionally, the task force will work to promote responsible mining practices, support research and development efforts related to critical minerals, and coordinate with other countries to address global supply chain issues.
Overall, the Intergovernmental Critical Minerals Task Force Act aims to strengthen the United States' position in the critical minerals market and reduce its dependence on foreign sources. It is seen as a bipartisan effort to promote economic growth, national security, and environmental sustainability.