To amend the Internal Revenue Code of 1986 to designate copper as an applicable critical mineral and to include ore extraction costs for purposes of the advanced manufacturing production credit.

This bill amends the tax code to expand the advanced manufacturing production credit for critical minerals. It designates copper as an "applicable critical mineral," making its production eligible for this tax credit. Additionally, the bill allows companies to include the costs of extracting ore that is subsequently refined into an applicable critical mineral when calculating the credit. These extraction costs are eligible only if the ore is from the United States, or, if foreign, is a type not commercially extracted in the U.S. and not from a "foreign country of concern." These changes primarily affect mining and manufacturing companies involved in critical mineral supply chains, applying to minerals produced or costs incurred after December 31, 2025.