BETWEEN A ROCK AND A HARD PLACE: SHAPING FEDERAL POLICIES ON CRITICAL MINERALS AND MATERIALS
As the subject has been undertaken by Congress, the overall tone has shifted from one of international trade security and geopolitical concerns to encouragement of domestic mining and reestablishment of the domestic supply for many energy critical materials that have been identified by the National Academy of Science. The debate has originated primarily in committees and has focused policy-making, however some stakeholders have embraced the Congressional interest in the topic and have moved to politically focused on issues such as the fast-tracking of permits and approvals for opening or reopening mines. As a result, legislation has become more comprehensive in its scope, but also more controversial which may lead to a slow down in the legislative process.
It is important that all policy makers consider the full scope of the issues around rare earth elements and other critical materials while addressing the most pressing geopolitical supply issues that are central to the supply and sustainability problem. Finally, they must provide a secure framework for the use of these materials in the manufacturing and end-use sectors going forward.