SME's Government and Public Affairs Committee has issued its 16th technical briefing paper, Critical and Strategic Minerals Importance to the U.S. Economy. This paper calls for:
- A streamlined U.S. permitting process, which eliminates duplicative federal agency oversight, (i.e. “one-stop
shopping”) that would speed the responsible development of domestic critical and strategic mineral
production.
- A methodology to be developed to identify potential critical minerals.
- A comprehensive inventory of critical and strategic mineral resources.
- The U.S. government to consider a subsidy for domestic suppliers of certain strategic minerals
including rare earth elements, in order to compete with countries, like China, that control the global flow
of these minerals that are critical to national defense applications.