Critical Materials Future Act of 2025

The Critical Materials Future Act of 2025 directs the Department of Energy to establish a five-year pilot program that supports at least three domestic projects refining or recycling critical materials. The bill authorizes $750 million in funding and allows the use of innovative financial tools, such as price floors and contracts for difference, to stabilize markets and attract private investment. Projects are selected based on their potential to enhance national security and economic competitiveness, with priority given to those using domestic feedstock or sources from allied nations. The program includes a revolving fund to reinvest project revenues into new initiatives and requires the Department of Energy to publish a study evaluating the effectiveness of these financial mechanisms after the pilot concludes.