HR 10378 United States House · 118th Congress

SECURE Minerals Act of 2024

The SECURE Minerals Act of 2024 establishes a Critical Mineral Reserve to reduce U.S. reliance on imported critical minerals, particularly those dominated by China. The Reserve will provide loans to private companies (authorized market makers) to support domestic and allied production of minerals essential for technology, defense, and renewable energy. It sets specific targets requiring domestic and allied production to supply at least 40% of U.S. demand for critical minerals while reducing dependence on foreign sources to 60% or less. The Reserve will be managed by a Board of Governors with expertise in minerals and finance, and will maintain a list of critical minerals to guide its operations.

Issues: ✓ Energy ✓ Technology

Sub-Topics: Renewable Energy

Bill status in committee 1 of 4 stages cleared

Introduction

Dec 2024

Committee Review

Floor Vote

President

Introduced Dec 11, 2024 Last action Dec 11, 2024

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Committee

Dec 11, 2024

Committee

Referred to the Committee on Natural Resources, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Dec 11, 2024

Introduced

Introduced in House

lower

1 primary · 2 co-sponsors