A Republican and Democratic senator introduced legislation Friday that aims to end U.S. reliance on rare-earth metals sourced from and produced in China.
The Restoring Essential Energy and Security Holdings Onshore for Rare Earths (REEShore) Act would prevent supply disruptions and bolster domestic production of the minerals, according to Sens. Tom Cotton and Mark Kelly, the bill’s sponsors. They said the legislation is important for American national security and development of advanced technologies.
“The Chinese Communist Party has a chokehold on global rare-earth element supplies, which are used in everything from batteries to fighter jets,” Cotton said in a statement. “Ending America’s dependence on the CCP for extraction and processing of these elements is critical to winning the strategic competition against China and protecting our national security.”
The REEShore Act would order the Department of Defense and Department of the Interior to create a national stockpile of rare-earth metals by 2025, according to the announcement. The Department of Energy controls a strategic reserve of crude oil, which was created in the 1970s. (RELATED: Environmentalists Are Blocking The US From Controlling Its Renewable Energy Future)
The legislation would further require disclosure of the origin of all rare-earth metals used for defense technology. Developers