Broken Hill global cobalt province., page-6

This provision of above Act could have far reaching impact on Co price and supply

This Section c(b) REPORT REQUIRED.—Not later than December 31, 2022, and annually thereafter, the Secretary of De- fense, in coordination with the Secretary of State, shall submit to the appropriate congressional committees a re- port—
(1) describing in detail the discussions of such Secretaries with countries that are allies of the United States concerning supply chain security for rare earth metals;
(2) assessing the likelihood of those countries discontinuing the use of rare earth metals from the People’s Republic of China or other countries that such Secretaries deem to be of concern; and
(3) assessing initiatives in other countries to in- crease rare earth metals production capabilities.