The House of Representatives is set to vote on H.R. 1937,
The National Strategic and Critical Minerals Production Act of 2015. This multi-faceted bipartisan action plan cuts red tape, fixes and badly broken regulatory climate, and is a win for the taxpayers. Learn more about the bill by playing the game!
Key Points
- This bill precisely defines strategic and critical minerals as those that are necessary for national defense and national security, economic security and balance of trade, energy infrastructure, and domestic industries including manufacturing, agriculture, telecommunication, and healthcare.
- Under current practices and the absence of coordination between various federal agencies, it can take more than 20 years for a mining operation to be approved and come online. To substantially decrease the lengthy permitting process this bill outlines responsibilities for the lead agency responsible for issuing mineral exploration or mineral permits.
- Developing a robust domestic supply chain of critical minerals is essential to America’s long-term economic stability. Minerals are essential for supplying basic necessities: food, clothing, shelter, and a clean, healthy environment.
