Restoring American Mineral Security Act of 2025
Summary
The Restoring American Mineral Security Act of 2025 aims to protect the United States from foreign control of critical minerals, which are essential for manufacturing electronics, defense systems, and renewable energy technologies. The bill proposes establishing a Critical Minerals Security Alliance with trusted global trading partners. Member nations would agree to raise tariffs on minerals from adversarial countries like China and Russia to match U.S. rates, share information on their mining and processing capabilities, and implement measures to prevent unfair trade practices such as price manipulation.
If enacted, the bill would exempt alliance members from certain U.S. tariffs on critical minerals and related products. It also proposes creating a dedicated fund that reinvests revenue from mineral tariffs into domestic and allied mining projects. This initiative is designed to stabilize the market and ensure a reliable supply of materials like lithium and cobalt, which are necessary for modern consumer goods and national security. The U.S. Trade Representative would oversee the alliance, though any new members or major changes would require final approval from Congress.