Among the covered minerals in the rule, samarium-cobalt and neodymium-iron-boron magnets are critical for many defense systems including aircraft engines, radar, sonar, and guidance systems.
Given rising tensions around the globe, Congress rightly understood that U.S. control over the supply of crucial defense components was key to our national security.
In time, the FY19 National Defense Authorization Act and 10 U.S.C. 2533c, where the rule is codified, will stimulate demand for American mineral suppliers and specialized manufacturers.
Finally, E.O. 13806 Manufacturing and Defense Industrial Base and Supply Chain Resiliency, ordered a comprehensive assessment of our mineral supply chain.
Bureaucratic red tape makes it exceedingly difficult to open a new mine in the U.S. To bring common sense reform to mine permitting and increase the competitiveness of the domestic mining industry, Congress should take up the National Strategic and Critical Minerals Production Act, introduced by Rep. Mark Amodei of Nevada on May 7.
Congress must do the right thing for national security and the economy and pass mine permitting reform this year while economic growth is still roaring and capital investment is readily available.
To safeguard all elements of our strategic supply lines, it is critical that we apply constant watchfulness to each step of the defense production chain, from raw mineral extraction to weapon system production.
https://www.realcleardefense.com/articles/2019/05/21/now_is_the_time_for_the_us_to_open_its_rare-earth_mines_114442.html
Given rising tensions around the globe, Congress rightly understood that U.S. control over the supply of crucial defense components was key to our national security.
In time, the FY19 National Defense Authorization Act and 10 U.S.C. 2533c, where the rule is codified, will stimulate demand for American mineral suppliers and specialized manufacturers.
Finally, E.O. 13806 Manufacturing and Defense Industrial Base and Supply Chain Resiliency, ordered a comprehensive assessment of our mineral supply chain.
Bureaucratic red tape makes it exceedingly difficult to open a new mine in the U.S. To bring common sense reform to mine permitting and increase the competitiveness of the domestic mining industry, Congress should take up the National Strategic and Critical Minerals Production Act, introduced by Rep. Mark Amodei of Nevada on May 7.
Congress must do the right thing for national security and the economy and pass mine permitting reform this year while economic growth is still roaring and capital investment is readily available.
To safeguard all elements of our strategic supply lines, it is critical that we apply constant watchfulness to each step of the defense production chain, from raw mineral extraction to weapon system production.
https://www.realcleardefense.com/articles/2019/05/21/now_is_the_time_for_the_us_to_open_its_rare-earth_mines_114442.html
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