U.S. Senators Todd Young (R-Ind.) and Jeanne Shaheen (D-N.H.), lead sponsors of the SECURE Minerals Act to create a new Strategic Resilience Reserve that ensures a domestic supply of critical minerals, released the following statement on the announcement that the Trump Administration is launching a $12 billion stockpile of critical and rare earth minerals:
“We are pleased to see the Administration take steps to stockpile critical minerals for economic purposes. It’s a clear sign that there is bipartisan support for securing a robust domestic supply of critical minerals that both reduces our reliance on China and stabilizes the market.
“Beyond this effort, we should ensure a reliable, long-term supply and provide the durability needed to grow and maintain a domestic critical minerals industry in order to stabilize prices and diversify our most important supply chains away from China. Our bipartisan, bicameral SECURE Minerals Act will give American companies and consumers the certainty we need to fend off supply chain disruptions, volatile prices and economic coercion from our most important economic adversary.
“With this announcement in mind, we look forward to working with our colleagues to earn more support and pass our bill through Congress to advance long-term American leadership to secure the materials and good jobs that strengthen our national security and grow our economy.”
Young and Shaheen recently introduced the SECURE Minerals Act to establish a Strategic Resilience Reserve in an independent government corporation to boost U.S. critical minerals supply and support the critical mineral market.
Additionally, Young has laid out a critical minerals strategy for Congress to implement that prioritizes securing supply chains, identifying vulnerabilities, and rapidly diversifying our partnerships. The strategy includes the Finding ORE Act, the Critical Minerals Security Act, and the STRATEGIC Minerals Act.
Two wanted subjects picked up in Lawrence County
New housing development moves forward in Vincennes
People urged to take precautions against tick-borne disease as risk increases with warmer weather
First Brand Group sale approved
LCHS to co-host special program
Vincennes man arrested after pursuit that reached 150 mph
Lawrenceville city officials to meet with EPA
Hoosiers may qualify for free well water testing
St. Francisville City Council approves street and alley work
LCMH moving to new medical records system
Freelandville Methodist Church receives grant from native of the community
School threat investigated in White County
Road closure announced for bridge project in Lawrence County
Lady Indians drop home encounter with Fairfield
Fritchton Agronomy Center among investments for Keystone Cooperative
Crawford and Richland Counties receive state economic funding
