SECURE Minerals Act of 2026

Key Points

• Congress is considering a plan to create a new government-owned company called the Strategic Resilience Reserve. This group would manage a national stockpile of essential minerals and materials used to make everything from smartphones and electric car batteries to advanced military equipment.
• The main goal is to stop the United States from relying too much on other countries, especially China, for these resources. Right now, China controls a huge part of the global supply, which lets them influence prices and potentially cut off access during a disagreement or crisis.
• The plan includes $2.5 billion to help build mines and processing plants in the U.S. and in friendly partner countries. It would also support recycling programs so the country can reuse minerals from old electronics instead of always having to dig new ones out of the ground.
• A board of seven experts would oversee the reserve. They would have the power to buy minerals when prices are low and sell them to American companies if there is a shortage. This is meant to keep prices stable for manufacturers and protect the economy from sudden supply shocks.
• To keep things fair, the bill sets strict rules to prevent corruption. Board members cannot have financial ties to the mining industry while they serve, and the group must undergo regular audits to show exactly how they are spending taxpayer money.

Votes

No votes have been recorded for this legislation yet.