S.Amdt. 6370

SA 6370, submitted by Mr. Cornyn, Mr. Warner, and Mr. Young, aims to add a new section to bill S. 4784 regarding a Report on Critical Mineral and Rare Earth Element Resources.

The purpose of this amendment is to require the Secretary of the Interior, working with the Secretary of Energy and other relevant Federal agencies, to provide Congress with a comprehensive report on global critical mineral and rare earth element resources.

The amendment adds requirements for the report to include:

• Assessments of control: Identifying which resources are controlled by a foreign entity of concern, the United States or its allies, or neither.
• Mine data: Estimates of annual output and remaining volumes for significant mines, including who operates them and who the beneficial owners are.
• Entity lists: Lists of key foreign entities of concern and key entities from the United States and its allies involved in mining these materials.
• Collaboration and feasibility: An assessment of the technical feasibility of mining certain resources and ways to collaborate with other countries to ensure ongoing access for the United States and its allies.
• Divestiture and takeovers: Lists of cases where entities were forced to divest stock or where operations were taken over by the government of a covered nation or its influenced entities.
• Data gaps: An assessment of any significant uncertainties or gaps in the information provided.