House passes bill to ease China's chokehold on critical minerals supply
The House of Representatives passed a bipartisan bill to bolster federal cooperation with allies to produce critical minerals and reduce reliance on China, which has used its dominant position as leverage against the West.
TL;DR
- The House of Representatives passed a bipartisan bill to boost federal cooperation with allies on critical mineral production.
- The legislation aims to reduce U.S. reliance on China for critical minerals.
- The bill, named the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act, passed by voice vote.
- It seeks to establish a Bureau of Energy Security and Diplomacy in the State Department.
- The bill also encourages the creation of a special adviser to the president for critical minerals and supply chain strategy.