Rep. Johnson digs in on RARE Earths crucial to clean-energy, defense manufacturing
MAR 6, 2013 ISSUES: ARMED SERVICES AND VETERANS AFFAIRS, ECONOMY AND JOBS, ENERGY, NATIONAL SECURITY AND FOREIGN POLICY
Reps. Johnson, Markey move to end China’s monopoly, secure access to strategic minerals
WASHINGTON, D.C. – Rep. Hank Johnson (D-GA) today reintroduced the Resource Assessment of Rare Earths (RARE) Act of 2013 [H.R. 981], which directs the United States Geological Survey (USGS) to conduct a three-year, comprehensive global mineral assessment of rare earth elements (REEs).
Rep. Edward Markey (D-MA), a national leader on energy and the environment and Ranking Member on the House Natural Resources Committee, is the lead original cosponsor of the bill.
Critical to high-tech clean-energy and defense manufacturing, rare earth elements (REEs) are strategic minerals used in the production of cutting-edge technologies such as wind turbines, advanced batteries, powerful magnets, and military radar systems.
China accounts for 97% of global rare earth element production and has demonstrated a willingness to restrict REE exports. The Chinese monopoly is a strategic vulnerability for the United States that could undermine national security and competitiveness in the defense and clean-energy sectors. ...
China accounts for 97% of global rare earth element production and has demonstrated a willingness to restrict REE exports. The Chinese monopoly is a strategic vulnerability for the United States that could undermine national security and competitiveness in the defense and clean-energy sectors. ...
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