Republican congressman Ken Calvert (CA-42) this week introduced the Monitoring and Investigating Nations Exploiting States (MINES) Act to “hold China and Russia accountable for their efforts to monopolize critical mineral resources around the world, particularly in developing nations.”
According to the press release, it is an original co-sponsor of the MINES Act which provides the US with “additional tools to assess the growing exploitation of critical minerals in small states by China and Russia.”
“Reliable access to critical minerals is essential to America’s economic and national security,” said Calvert:
“America must be clear-eyed about the Chinese and Russian aggression when it comes to consolidating critical mineral resources.”
“It’s hard to overstate just how tight of a stranglehold Russia and China are developing on resources supply chains worldwide,” said House Natural Resources Committee Ranking Member Bruce Westerman (AR-4), a co-sponsor:
“While the Biden administration locks up sustainable mining here in the U.S., our adversaries are wasting no time stepping into that void and controlling critical minerals around the globe.”
The MINES Act is supported by the American Exploration & Mining Association and the Uranium Producers of America.
The MINES Act: