SECURE Minerals Act of 2026

The SECURE Minerals Act would establish a new government corporation called the Strategic Resilience Reserve to strengthen U.S. supply chains for critical minerals essential to defense, energy, manufacturing, and technology. The reserve would be governed by a seven-member board appointed by the President and confirmed by the Senate, similar in structure to the Federal Reserve. It would receive an initial authorization of $2.5 billion to purchase, stockpile, and manage critical minerals, with particular focus on materials where the U.S. currently relies heavily on China, such as rare earth elements.

The bill addresses concerns that China controls much of the global critical minerals market and uses this dominance to manipulate prices and supply. The reserve would work to stabilize markets, support domestic and allied production, encourage recycling of minerals, and develop market infrastructure to reduce U.S. vulnerability to supply disruptions and economic coercion. The legislation is modeled after the Strategic Petroleum Reserve and aims to create a more resilient domestic supply chain for minerals critical to national security and economic competitiveness. If enacted, the bill could affect manufacturing costs, defense capabilities, and technology development by ensuring more stable access to essential materials.