Global Strategy for Securing Critical Minerals Act of 2024

This bill establishes a comprehensive strategy to secure critical mineral supply chains for national security and economic interests. It creates new diplomatic tools to support U.S. companies working on critical materials projects abroad, expands financial assistance through agencies like the International Development Finance Corporation, and enhances collaboration with allied nations on critical materials research and development. The bill also includes provisions to counter China's influence in critical materials markets through trade duties and restricts funding to foreign entities of concern. It directly affects U.S. companies, government agencies, and international partners involved in critical mineral supply chains, requiring workforce development initiatives to build expertise in critical materials processing and recycling.