“Elevated home manufacturing can be paired with revolutionary and sustainable steps to construct stronger crucial mineral provide chains alongside our allies and companions, together with by incentivizing investments that broaden U.S. and allied manufacturing of those sources,” the Harris marketing campaign mentioned in an announcement. “These efforts will scale back our dependence on China, which leads manufacturing on many crucial minerals.”
Essential minerals — which embody dozens of supplies together with antimony, lithium, and cobalt — are these are thought of important to the economic system and prone to provide disruption. The Home Choose Committee on Strategic Competitors between the US and the Chinese language Communist Occasion in December really useful making a reserve of crucial minerals “to insulate American producers from worth volatility” and defend in opposition to China’s “weaponization of its dominance in crucial mineral provide chains.”
The committee additionally really useful spending $1 billion to broaden an present Nationwide Protection Stockpile, a listing of crucial minerals managed by the Protection Division that’s used to offer emergency entry to home producers for protection functions.
(By Ari Natter)