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Critical Mineral Consistency Act of 2025
5/1/2025, 11:48 AM
Summary of Bill S 714
The bill seeks to promote domestic production of critical materials by streamlining the permitting process for mining projects and providing incentives for companies to invest in domestic production. By including critical materials in the definition of critical minerals, the bill aims to ensure that the United States has a stable and secure supply of these essential resources.
In addition to promoting domestic production, the bill also aims to improve coordination between federal agencies, industry stakeholders, and research institutions to develop a comprehensive strategy for addressing the United States' critical mineral and material needs. This includes conducting research and development to identify new sources of critical materials, as well as promoting recycling and reuse of these resources to reduce waste and reliance on foreign sources. Overall, Bill 119 s 714 is a bipartisan effort to strengthen the United States' critical mineral and material supply chain, enhance national security, and promote economic growth and innovation in key industries.
Congressional Summary of S 714
Critical Mineral Consistency Act of 2025
This bill modifies the Energy Act of 2020 to expand the definition of critical minerals used by the U.S. Geological Survey (USGS) to include critical materials designated by the Department of Energy (DOE). It also directs USGS to update its list within 45 days of DOE adding a mineral, element, substance, or material to its critical materials list. Thus, the bill requires the lists to be treated consistently and makes critical materials eligible for the same benefits (e.g., financing support or clean energy tax credits) provided to critical minerals.
By way of background, DOE's critical materials list contains certain materials that are essential for energy, including those on the critical minerals list of the USGS. The USGS's list, which contains certain minerals that are essential to the nation's economic or national security, is currently not required to include the materials on DOE's list.
