Home > blog > Page
USGS Report: U.S. Increasingly Dependent on Foreign Sources of Minerals
Posted by Committee Staff on February 16, 2010

We wanted to make sure everyone saw this release today from the USGS detailing how U.S. mineral production declined by 20% in 2009 – with the estimated value dropping from $71 billion to $57.1 billion.

Minerals are vital to every facet of our economy and necessary for infrastructure, electronics, telecommunication and national security. This decline in production further damages our struggling economy and threatens the jobs of the quarter-of-a-million people work directly in America’s mining industry.

Equally alarming is that U.S. is growing even more dependent of foreign sources of minerals. According to the 2010 report, the United States is now 100% dependent on foreign countries for 19 nonfuel mineral commodities and more than 50% dependent on 38 nonfuel minerals.

It’s also interesting to note that the green energy jobs proposed by the President (including today’s announcement on nuclear energy) are very dependent on minerals:

  • Uranium (85%) is used to produce nuclear energy.
  • Silicon (27%) and titanium (73%) are used to produce solar panels.
  • Zinc (76%) is used to produce wind turbines.
  • Copper (24%) is used for produce hybrid vehicles.

(Numbers represent American dependence on foreign resources)

    Post a Comment
    Fill out the fields below to submit a comment

    Latest News

    Bishop Statement on the Appointment of Brian Steed as Director of the Bureau of Land Management

    Chairman Rob Bishop (R-UT) issued the following statement in reaction to the appointment of Brian Steed as Acting Director of the Bureau of Land Management (BLM): “Brian Steed has the expertise to hel...... Read more

    Financial Controls Over Federal Assistance Dominates Hearing on Hurricane Recovery in U.S. Territories

    Today, the Full Committee held an oversight hearing on “The Need for Transparent Financial Accountability in Territories' Disaster Recovery Efforts." The panel reviewed the financial needs of both Pue...... Read more

    Committee Passes Bipartisan SECURE American Energy Act

    Today, the House Committee on Natural Resources passed H.R. 4239, the “Strengthening the Economy with Critical Untapped Resources to Expand American Energy Act” or “SECURE American Energy Act.” The bi...... Read more

    View All News

    Calendar

    No upcoming scheduled events

    View All Events