Bill 119 s 789, also known as the Critical Minerals and Rare Earth Elements Act, is a piece of legislation that aims to address the issue of the United States' reliance on foreign sources for critical minerals and rare earth elements. These minerals and elements are essential for a variety of industries, including technology, defense, and energy.
The bill requires the Department of the Interior to submit reports on critical mineral and rare earth element resources around the world. These reports will provide valuable information on the availability and distribution of these resources, helping to inform US policy and decision-making.
Additionally, the bill calls for the development of advanced mining, refining, separation, and processing technologies. By investing in these technologies, the United States can reduce its dependence on foreign sources and strengthen its domestic supply chain for critical minerals and rare earth elements.
Overall, Bill 119 s 789 aims to promote the development of a strategic approach to addressing the United States' critical mineral and rare earth element needs. By increasing domestic production and investing in advanced technologies, the US can enhance its national security and economic competitiveness.