Stefanik Urges DoD to Bolster U.S. Critical Mineral Companies Including Phoenix Tailings

Letter

"The recent and consistent actions by Beijing, tightening export controls on rare earths and other critical minerals, underscore the urgent need for the implementation of measures such as Section 152 of the FY24 NDAA, as China continues to assert increased control over crucial supply chains, posing a significant threat to U.S. national security interests. By committing to multiyear procurement contracts for domestically processed rare earths, we are doing more than just secure vital supplies; we build a resilient supply chain, reducing the risk of disruption and ensuring the continued production of critical defense technology.”

"It is imperative for the DoD to expedite the implementation of Section 152 with due consideration for its significant economic and, more importantly, national security implications. Securing a domestic rare earth metal supply chain is not merely about safeguarding our military readiness, but it’s a critical step in fortifying our nation’s resilience against external threats. By taking proactive measures, we strengthen our ability to maintain strategic autonomy and safeguard our national security interests for years to come.”

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