“Change is coming,’ assured National Security Advisor-nominee Mike Waltz when responding to Senator Dan Sullivan’s (R-AK) concerns that the US had to find alternate routes to secure critical minerals. If passed, the Global Strategy for Securing Critical Minerals Act of 2024 will allegedly combat China’s dominance in the field as well as ensure the U.S. with secure end-to-end supplies of critical minerals.” (Link)
“Specifically, the legislation would enhance diplomatic and financial tools to support public and private sectors in securing and processing these minerals by … Establishing diplomatic support for private sector investments abroad … Expanding allied partnerships to secure critical minerals … The legislation would also work to increase U.S. procurement of critical minerals to offset China’s ability to manipulate and monopolize the market.” (Link)
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