Finding ORE Act

Increased Supply Chain Security: The bill aims to increase the security and resilience of international supply chains for critical minerals and rare earth elements (Section 3(b)).

Support for Private Companies: Private companies headquartered in the United States or an allied foreign country may be offered the right of first refusal in the development of these minerals (Section 3(b)(2)).

Economic Investment Opportunities: The bill seeks to facilitate private-sector investment by leveraging preferential financing from entities like the United States International Development Finance Corporation and the Export-Import Bank of the United States (Section 3(b)(3)).

Educational and Professional Training: The bill provides for training and capacity building in various geoscience areas, as well as specialized training at institutions of higher education (Section 3(c)(5)-(6)).

Improved Standards: The cooperative activities include training in environmental and workplace standards for officials and private companies in partner countries (Section 3(c)(7)).