-12.2 C
Ottawa
Tuesday, January 20, 2026

House Panel Proposes Plan to Loosen CCP Grip on Global Critical Mineral Markets

Date:

An aerial view of the MP Materials mine in Mountain Pass, Calif., in 2024. MP Materials via APThe House Select Committee on the Chinese Communist Party is calling on the Trump administration to establish a federal “critical minerals czar” post, a strategic resources reserve, a critical minerals tax credit, and a “National Center for Rare Earths” to accelerate a mining and refining revival and build a domestic supply chain resilient to Chinese Communist Party (CCP) market manipulation.Those proposals are among 13 recommendations the panel lays out in a 52-page report charting initiatives the nation must quickly implement to overcome China’s dominance in producing metals and materials essential in manufacturing modern electronics, from iPhones to F-35 fighters.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Inherited Homes Reach Record Share of Residential Transactions in 2025

A view of houses in a neighborhood in Los...

FTC Appealing Loss in Antitrust Suit Against Meta

Meta Founder and CEO Mark Zuckerberg testifies before the...

NJ Gov. Sherrill Declares Energy Emergency, Moves to Rein In Electric Rates

New Jersey gubernatorial candidate Mikie Sherrill delivers remarks at...

Former RCMP Director Alarmed by New Canada-China Agreement on Public Safety Cooperation

Chinese paramilitary police walk on the Bund promenade along...