Minerals Security Partnership Authorization Act

This bill would authorize the President to negotiate agreements with international partners to form a coalition focused on securing critical minerals like lithium and cobalt. The legislation would empower the Secretary of State to lead U.S. participation in the Minerals Security Partnership by identifying and promoting commercial investment in critical mineral projects, coordinating diplomatic strategies, and maintaining a database of mineral projects to encourage private sector investment. The bill would also authorize $75 million to the Department of State for fiscal year 2026 to support these efforts.

The bill aims to reduce U.S. dependency on critical minerals sourced from countries like China, Russia, and Iran, which are essential for technology, national defense, and advanced manufacturing. It would establish mechanisms for member countries to share information about mineral deposits, enforce environmental standards, and provide investment protections. The legislation would also authorize U.S. membership in the International Nickel Study Group to participate in global mineral market monitoring and coordination.