The House Select Committee on the Chinese Communist Party is calling on the Trump administration to establish a federal “critical minerals czar” post, a strategic resources reserve, a critical minerals tax credit, and a “National Center for Rare Earths” to accelerate a mining and refining revival and build a domestic supply chain resilient to Chinese Communist Party (CCP) market manipulation.
Those proposals are among 13 recommendations the panel lays out in a 52-page report charting initiatives the nation must quickly implement to overcome China’s dominance in producing metals and materials essential in manufacturing modern electronics, from iPhones to F-35 fighters.
Expediting permitting, creating “price-floor benchmarks,” subsidizing priority projects, boosting recycling programs, supporting innovation, and orchestrating production with trading partners were also among the recommendations executives with three key domestic mining and manufacturing ventures praised during a two-hour Nov. 19 committee hearing….