Quantcast

Central Louisiana News

Sunday, November 24, 2024

Bipartisan bill introduced to secure U.S. supply of critical minerals

Webp zezkqldfa0o62zglrzb14otp3sbn

Senator Bill Cassidy | Sen. Bill Cassidy Official Website

Senator Bill Cassidy | Sen. Bill Cassidy Official Website

U.S. Senators Bill Cassidy (R-LA), Mark Warner (D-VA), Marco Rubio (R-FL), Angus King (I-ME), Chris Coons (D-DE), and John Hickenlooper (D-CO) have introduced legislation aimed at strengthening America's national security by ensuring a diverse and secure supply of critical minerals. These minerals, including lithium, nickel, cobalt, and rare earth elements, are essential for technologies crucial to national security such as military equipment, defense systems, and power grid storage.

Currently, China dominates the mining, processing, and manufacturing of these minerals, raising significant economic and national security concerns. "Now is not the time to play fast and loose with America’s national security," said Dr. Cassidy. "Securing the supply chain of critical minerals is an important step in ensuring we support our military, protect American families, and put America’s best interest first."

Senator Warner emphasized the growing global demand for critical minerals: "The global demand for critical minerals continues to grow at exponential rates, and it is crucial that the U.S. identify secure sources of these minerals so that we can count on them for national security and critical infrastructure applications." He added that China is actively working to maintain its dominance in this sector. "The U.S. must, alongside allies, take meaningful steps to protect and expand our production and procurement of these critical minerals."

Senator Rubio highlighted the dependency of national security interests on these vital resources: "Our national security interests are heavily dependent on critical minerals, which are vital for modern technology and national defense." He expressed hope that their legislative package would help free U.S. supply chains from China's industrial monopoly.

The proposed legislation aims to enhance diplomatic and financial tools to support both public and private sectors in securing and processing these essential minerals.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS