The Elements of Innovation Discovered
The Elements of Innovation Discovered
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In addition to dealing a major blow to the economy, the COVID-19 pandemic has shined a spotlight on a chink in the United States' economic and security armor – an overreliance on foreign countries for the minerals and metals that lie at the frontend of American supply chains. "The COVID-19 pandemic has shown how delicate our supply chains are and that should be a wakeup call for all of us," Senate Committee on Energy & Natural Resources Chair Lisa Murkowski, R-Alaska, said d... Full story
A pair of Texas congressmen, Republican Lance Gooden and Democrat Vicente Gonzalez, have introduced the Reclaiming American Rare Earths Act, bipartisan legislation aimed at reducing America's dependence on China for rare earth elements and other critical minerals. The United States depends on foreign countries for more than 50% of its supply of 31 of the 35 minerals considered critical to the nation's economic wellbeing and national security, including 100% import-reliant for...
The Onshoring Rare Earths Act of 2020, or ORE Act, legislation introduced by U.S. Sen. Ted Cruz (R-Texas) on May 12 reaches beyond the 17 rare earth elements to include an additional four minerals and metals needed for lithium-ion batteries – cobalt, graphite, lithium and manganese. Cruz, who has long held that "China is the most significant geopolitical threat to the United States for the next century", introduced ORE Act as means of steering America's dependence for rare e...
U.S. Sen. Ted Cruz (R-Texas) May 12 introduced the Onshoring Rare Earths Act of 2020, or ORE Act, legislation to end the United States' dependence on China for rare earth elements and other critical minerals used to manufacture our defense technologies and high-tech products. "Our ability as a nation to manufacture defense technologies and support our military is dangerously dependent on our ability to access rare earth elements and critical minerals mined, refined, and...
A heavy reliance on imports for a long list of minerals and metals critical to American supply chains could be a stumbling block for the Biden administration's ambitious "Build Back Better" agenda. "From the largest infrastructure plan since the Eisenhower interstate highway system, to an aggressive plan for a national energy transition, the Biden administration's agenda will require an immense amount of minerals," National Mining Association President and CEO Rich Nolan... Full story
