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Congress·In Committee·H.R. 7126

Congress Proposes $2.5 Billion National Reserve to Secure Critical Minerals and Reduce Reliance on China

SECURE Minerals Act of 2026

2 months ago·View on Congress.gov

Legislative Progress

House
Senate
President
Law

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.
Economy FinanceNational Security Foreign PolicyEnergy Environment

Impact Analysis

Personal Impact

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Broader Impacts

Score
Scores: -5 (harmful) to +5 (beneficial)Short-term: 0-2 yearsLong-term: 10-30 years

State Impacts

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

3 milestones4 actions
Feb 24, 2026House

Subcommittee Hearings Held

Feb 17, 2026House

Referred to the Subcommittee on Energy and Mineral Resources.

Jan 15, 2026House

Referred to the Committee on Natural Resources, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Jan 15, 2026

Introduced in House

Related Bills

1 bill

Source Information

Document Type

Congressional Bill

Official Title

SECURE Minerals Act of 2026

Bill NumberHR 7126
Congress119th Congress
ChamberHouse of Representatives
Latest ActionSubcommittee Hearings Held

Sponsor

Cosponsors

(4)
D: 1R: 3

Analysis generated by AI. Always verify with official sources.