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Alias Born | 08/13/2010 |
Thursday, July 15, 2021 3:25:10 PM
Key recommendations include:
Encourage the development and adoption of 21st century standards for the extraction and processing of critical minerals;
US $50 billion to establish a Supply Chain Resilience Program to monitor and forecast vulnerabilities and promote industry partnerships;
A "trade strike force" to identify and counter unfair foreign trade practices, the first action of which will be to investigate unfair trade practices surrounding neodymium (NdFeB) permanent magnets;
Reducing the time, cost, and risk of permitting for critical mineral mining projects; and
Using the US government's buying power and investment authorities to encourage the purchase of critical materials from secure and reliable domestic and allied sources. This includes:
Additional funding for the Defense Production Act ("DPA") Title III program to scale emerging technologies for critical materials and enable offtake agreements; and
Recapitalizing the National Defense Stockpile to better buffer against supply chain threats.
Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.
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