[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6696 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 6696

   To provide for the establishment of a Critical Minerals Security 
                   Alliance, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 12, 2025

  Mr. Panetta (for himself and Mr. Kustoff) introduced the following 
  bill; which was referred to the Committee on Ways and Means, and in 
  addition to the Committees on Rules, Natural Resources, Energy and 
   Commerce, Armed Services, and Foreign Affairs, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
   To provide for the establishment of a Critical Minerals Security 
                   Alliance, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Restoring American Mineral Security 
Act of 2025''.

SEC. 2. SENSE OF CONGRESS.

    It is the sense of Congress that--
            (1) a reliable supply chain of critical minerals is 
        essential to meet the defense, manufacturing, and energy needs 
        of the United States;
            (2) as of the date of the enactment of this Act, the United 
        States is heavily dependent on the People's Republic of China 
        for the production and processing of many key critical 
        minerals;
            (3) the Government of the People's Republic of China has 
        displayed a willingness to weaponize its dominance of critical 
        mineral production and has intentionally created overcapacity 
        and sold products at below-market rates in order to gain market 
        share and move up the value chain;
            (4) the United States must use trade tools to combat those 
        non-market policies and practices, and the use of trade tools 
        is most effective when undertaken in coordination with trading 
        partners; and
            (5) by building an alliance of trusted trading partners, 
        the United States can combat the oversupply and market 
        manipulation of the People's Republic of China and promote the 
        growth of a robust domestic United States critical minerals 
        industry.

SEC. 3. DEFINITIONS.

    In this Act:
            (1) Appropriate congressional committees.--The term 
        ``appropriate congressional committees'' means--
                    (A) the Committee on Finance of the Senate; and
                    (B) the Committee on Ways and Means of the House of 
                Representatives.
            (2) Critical mineral.--The term ``critical mineral'' means 
        any mineral on the list of critical minerals required by 
        paragraph (3) of section 7002(c) of the Energy Act of 2020 (30 
        U.S.C. 1606(c)).
            (3) Derivative product.--The term ``derivative product''--
                    (A) means a good that incorporates a critical 
                mineral; and
                    (B) includes--
                            (i) a semi-finished good, such as a 
                        semiconductor wafer, anode, or cathode; and
                            (ii) a final product, such as a permanent 
                        magnet, motor, electric vehicle, battery, 
                        smartphone, microprocessor, radar system, wind 
                        turbine or a component of a wind turbine, or 
                        advanced optical device.
            (4) Excluded duty.--The term ``excluded duty'' means--
                    (A) antidumping and countervailing duties imposed 
                under title VII of the Tariff Act of 1930 (19 U.S.C. 
                1671 et seq.);
                    (B) duties, quotas, and tariff-rate quotas imposed 
                under chapter 1 of title II of the Trade Act of 1974 
                (19 U.S.C. 2251 et seq.); and
                    (C) duties imposed consistent with a ruling 
                authorizing the suspension of benefits or concessions 
                on the part of the United States, issued by--
                            (i) a dispute settlement panel constituted 
                        under a bilateral or plurilateral free trade 
                        agreement for which explicit congressional 
                        approval pursuant to the requirements of 
                        section 151 of the Trade Act of 1974 (19 U.S.C. 
                        2191) has been enacted before the date of the 
                        enactment of this Act, before which the United 
                        States is a party; or
                            (ii) a dispute settlement panel described 
                        in section 123 of the Uruguay Rounds Agreement 
                        Act (19 U.S.C. 3533) before which the United 
                        States is a party.
            (5) Foreign country of concern.--The term ``foreign country 
        of concern''--
                    (A) has the meaning given that term in section 9901 
                of the William M. (Mac) Thornberry National Defense 
                Authorization Act for Fiscal Year 2021 (15 U.S.C. 
                4651); and
                    (B) includes the Bolivarian Republic of Venezuela.
            (6) Foreign entity of concern.--The term ``foreign entity 
        of concern'' has the meaning given that term in section 9901 of 
        the William M. (Mac) Thornberry National Defense Authorization 
        Act for Fiscal Year 2021 (15 U.S.C. 4651), except that 
        subparagraph (C) of that section shall be applied and 
        administered by substituting ``a foreign country of concern'' 
        for ``a foreign country'' and all that follows through ``title 
        10, United States Code''.
            (7) Processed.--The term ``processed'', with respect to a 
        critical mineral, means the mineral has undergone the 
        activities that occur after critical mineral ore is extracted 
        from a mine up through its conversion into a metal, metal 
        powder, or a master alloy.
            (8) Select derivative product.--The term ``select 
        derivative product'' means a permanent magnet, a lithium-ion 
        battery for an electrical vehicle, a lithium-ion battery for a 
        vehicle that is not an electrical vehicle, or a part for a 
        battery that is not a lithium-ion battery.
            (9) Trade representative.--The term ``Trade 
        Representative'' means the United States Trade Representative.

SEC. 4. CRITICAL MINERALS SECURITY ALLIANCE.

    (a) Authorization for Negotiations.--
            (1) In general.--The Trade Representative may enter into 
        negotiations with countries to enter into an alliance, to be 
        known as the ``Critical Minerals Security Alliance'' (in this 
        section referred to as the ``Alliance''), to establish a 
        reliable supply chain of critical minerals.
            (2) Consultations.--While conducting negotiations pursuant 
        to paragraph (1), the Trade Representative shall consult with 
        the Secretary of Commerce, the Secretary of the Treasury, the 
        Secretary of State, and the appropriate congressional 
        committees.
    (b) Eligibility Criteria.--A country is eligible to enter into the 
Alliance if the government of the country--
            (1) either--
                    (A) increases the rates of duty the country charges 
                for mined and processed critical minerals and select 
                derivative products sourced from foreign countries of 
                concern to rates that are not less than the rates of 
                duty for mined and processed critical minerals and 
                select derivative products, respectively, sourced from 
                the People's Republic of China imposed by the United 
                States pursuant to section 301 of the Trade Act of 1974 
                (19 U.S.C. 2411) and in effect on January 1, 2026;
                    (B) agrees to increase the rates of duty described 
                in subparagraph (A) to the rates required in such 
                subparagraph over a period of not more than 5 years; or
                    (C) adopts measures comparable to, or greater in 
                effect than, the trade remedies available under title 
                III of the Trade Act of 1974 (19 U.S.C. 2411 et seq.), 
                such as prohibitions or quotas on the importation into 
                the country of mined and processed critical minerals 
                and select derivative products sourced from foreign 
                countries of concern.
            (2) agrees to meet and participate in regular meetings of 
        the Alliance;
            (3) commits to continually review the capacity of the 
        country to extract and process critical minerals and share the 
        results of those reviews with other countries that are members 
        of the Alliance;
            (4) eliminates duties on imports of mined and processed 
        critical minerals and select derivative products from countries 
        that are members of the Alliance, other than excluded duties;
            (5) takes actions that are complementary to the actions of 
        the United States to address unfair trade policies of a country 
        that is not a member of the Alliance, including actions--
                    (A) to address the potential illicit shipment of 
                critical minerals and derivative products, specifically 
                transshipment that is intended to circumvent duties, 
                evade customs enforcement, or obfuscate the origin of 
                products produced in whole or in part with forced 
                labor;
                    (B) to establish or maintain robust investment 
                screening mechanisms, including to screen investments 
                in entities that produce critical minerals and 
                derivative products, that are at least as effective as 
                the national security reviews and investigations 
                required under section 721 of the Defense Production 
                Act of 1950 (50 U.S.C. 4565); and
                    (C) to ensure effective trade remedies against 
                imports of critical minerals and derivative products 
                sourced from a foreign country of concern or a foreign 
                entity of concern;
            (6) works with the United States to establish a mechanism 
        to address shared threats to members of the Alliance from 
        investments by foreign countries of concern;
            (7) engages in discussions with the United States regarding 
        trade and ways to promote and protect the economic security of 
        the Alliance in sectors other than critical minerals; and
            (8) coordinates with the United States to enact or maintain 
        policies to impose rates of duty as specified in paragraph 
        (1)(A) on mined and processed critical minerals and select 
        derivative products that are sourced from foreign entities of 
        concern.
    (c) Engagement.--The Trade Representative shall engage with 
countries that trade with the United States of the United States and 
encourage such countries to take the measures necessary to comply with 
the eligibility criteria described in subsection (b).
    (d) Certifications of Eligibility.--
            (1) In general.--If the Trade Representative determines 
        that a country complies with the eligibility criteria described 
        in subsection (b), the Trade Representative shall submit to the 
        appropriate congressional committees--
                    (A) a certification that the country is eligible 
                for admittance into the Alliance; and
                    (B) a report describing--
                            (i) the compliance of such country with 
                        respect to the eligibility criteria described 
                        in subsection (b); and
                            (ii) the critical minerals sector of such 
                        country.
            (2) Notice.--The submission of a certification under 
        paragraph (1) with respect to a country shall be considered 
        notice of the intention of the Trade Representative to enter 
        into an agreement providing for the admittance of the country 
        in the Alliance for purposes of subsection (i).
    (e) Negotiating Objectives.--In conducting negotiations under 
subsection (a), the Trade Representative shall seek to establish a 
reliable supply chain for--
            (1) not less than 90 percent of the critical minerals on 
        the list required by section 7002(c)(1) of the Energy Act of 
        2020 (30 U.S.C. 1606(c)(1)); and
            (2) 100 percent of select derivative products.
    (f) Entry Into Force.--An agreement providing for the admittance of 
a country into the Alliance may enter into force if--
            (1) a joint resolution of approval is enacted into law 
        under subsection (i) after the submission of a certification 
        that the country is eligible for admittance into the Alliance 
        under subsection (d); or
            (2) a period of 90 days has elapsed after the submission of 
        a certification that the country is eligible for admittance 
        into the Alliance under subsection (d) and a joint resolution 
        of disapproval is not enacted into law under subsection (i) 
        during that 90-day period.
    (g) Duty-Free Treatment After Entry Into Force.--Upon the entry 
into force of an agreement providing for the admittance of a country 
into the Alliance, mined and processed critical minerals and select 
derivative products imported from the country shall--
            (1) enter the United States free of duty, except for 
        excluded duties; and
            (2) be exempt from any duties imposed under section 301 of 
        the Trade Act of 1974 (19 U.S.C. 2411) or section 232 of the 
        Trade Expansion Act of 1962 (19 U.S.C. 1862) on or after the 
        date of entry into force of the agreement.
    (h) Modifications to Agreements.--A modification to an agreement 
providing for the admittance of a country into the Alliance shall take 
effect if--
            (1) the Trade Representative submits to the appropriate 
        congressional committees notice of the intention of the Trade 
        Representative to agree to the modification; and
            (2)(A) a joint resolution of approval is enacted into law 
        under subsection (i) after the submission of that notice; or
            (B) a period of 90 days has elapsed after the submission of 
        that notice and a joint resolution of disapproval is not 
        enacted into law under subsection (i) during that 90-day 
        period.
    (i) Joint Resolutions.--
            (1) Definitions.--In this subsection:
                    (A) Covered action.--The term ``covered action'' 
                means--
                            (i) the entry into an agreement providing 
                        for the admittance of a country into the 
                        Alliance; or
                            (ii) a modification to such an agreement.
                    (B) Covered joint resolution.--The term ``covered 
                joint resolution'' means a joint resolution of approval 
                or a joint resolution of disapproval.
                    (C) Joint resolution of approval.--The term ``joint 
                resolution of approval'' means a joint resolution the 
                sole matter after the resolving clause of which is the 
                following: ``That Congress approves the covered action 
                relating to ___, notice of which was submitted to 
                Congress on __ under section 4 of the Restoring 
                American Mineral Security Act of 2025.'', with the 
                first blank space being filled with a brief description 
                of the covered action and the second blank space being 
                filled with the appropriate date.
                    (D) Joint resolution of disapproval.--The term 
                ``joint resolution of disapproval'' means a joint 
                resolution the sole matter after the resolving clause 
                of which is the following: ``That Congress does not 
                approve the covered action relating to ___, notice of 
                which was submitted to Congress on __ under section 4 
                of the Restoring American Mineral Security Act of 
                2025.'', with the first blank space being filled with a 
                brief description of the covered action and the second 
                blank space being filled with the appropriate date.
            (2) Introduction.--A covered joint resolution may be 
        introduced in the Senate or the House of Representatives by any 
        Member of the Senate or the House, respectively.
            (3) Consideration.--The provisions of subsections (b) 
        through (f) of section 152 of the Trade Act of 1974 (19 U.S.C. 
        2192) shall apply to a covered joint resolution to the same 
        extent and in the same manner as such subsections apply to 
        resolutions described in such section 152.
            (4) Rules of senate and house of representatives.--This 
        subsection is enacted by Congress--
                    (A) as an exercise of the rulemaking power of the 
                Senate and the House of Representatives, respectively, 
                and as such is deemed a part of the rules of each 
                House, respectively, but applicable only with respect 
                to the procedure to be followed in that House in the 
                case of a joint resolution under this subsection, and 
                supersedes other rules only to the extent that it is 
                inconsistent with such rules; and
                    (B) with full recognition of the constitutional 
                right of either House to change the rules (so far as 
                relating to the procedure of that House) at any time, 
                in the same manner, and to the same extent as in the 
                case of any other rule of that House.
    (j) Reviews by United States.--
            (1) In general.--Not later than 3 years after the entry 
        into force of the first agreement providing for the admittance 
        of a country into the Alliance, and every 3 years thereafter 
        while the Alliance remains in effect, the Trade Representative, 
        in consultation with the heads of relevant Federal agencies and 
        appropriate congressional committees, shall--
                    (A) review the capacity of the United States to 
                extract and process critical minerals to determine 
                whether it is appropriate to terminate or modify the 
                Alliance; and
                    (B) if commercially significant quantities of a 
                critical mineral are produced in the United States, 
                consider seeking the removal of that critical mineral 
                from the products covered by the Alliance.
            (2) First review.--As part of the first review conducted 
        under paragraph (1), the Trade Representative shall assess the 
        feasibility and advisability of--
                    (A) expanding the scope of products covered by the 
                Alliance to include derivative products; or
                    (B) otherwise expanding or restricting the scope of 
                products covered by the Alliance.
            (3) Review of duty rates.--As part of each review conducted 
        under paragraph (1), the Trade Representative shall assess 
        whether countries that are members of the Alliance should 
        adjust the rates of duty imposed on mined and processed 
        critical minerals that are sourced from foreign countries of 
        concern.
    (k) Annual Reports.--Not later than one year after the date of the 
enactment of this Act, and annually thereafter, the Trade 
Representative shall submit to the appropriate congressional committees 
a report that includes--
            (1) a description of engagement with countries that trade 
        with the United States under subsection (c);
            (2) with respect to each trading partner that the Trade 
        Representative determines does not meet the criteria 
        eligibility criteria under subsection (b), a detailed 
        description of the deficiencies of the government of the 
        country in complying with the criteria; and
            (3) the information provided by countries that are members 
        of the Alliance with respect to the capacities of such 
        countries to extract and process critical minerals.

SEC. 5. INCREASE IN DUTIES ON IMPORTS OF MINED AND PROCESSED CRITICAL 
              MINERALS AND SELECT DERIVATIVE PRODUCTS FROM FOREIGN 
              COUNTRIES OF CONCERN.

    Upon the entry into force of the first agreement providing for the 
admittance of a country into the Critical Minerals Security Alliance 
under section 4, mined and processed critical minerals and select 
derivative products imported into the United States and sourced from a 
foreign country of concern shall be subject to the rate of duty in 
effect on January 1, 2026, and applicable to such products sourced from 
the People's Republic of China pursuant to section 301 of the Trade Act 
of 1974 (19 U.S.C. 2411).

SEC. 6. TRUST FUND TO SUPPORT UNITED STATES CRITICAL MINERAL MINING AND 
              PROCESSING PROJECTS.

    (a) Establishment of Trust Fund.--There is established in the 
Treasury of the United States a trust fund, consisting of--
            (1) amounts transferred to the trust fund under subsection 
        (b); and
            (2) any amounts that may be credited to the trust fund 
        under subsection (c).
    (b) Transfer of Amounts.--
            (1) In general.--For the first fiscal year in which a 
        country has been admitted to the Critical Minerals Security 
        Alliance under section 4 and each fiscal year thereafter during 
        which any foreign country is a member of such Alliance, the 
        Secretary of the Treasury shall transfer to the trust fund 
        established under subsection (a), from the general fund of the 
        Treasury, an amount equivalent to the amount received into the 
        general fund during that fiscal year and attributable to duties 
        collected on mined and processed critical minerals imported 
        into the United States.
            (2) Frequency of transfers.--The Secretary shall transfer 
        amounts required by paragraph (1) to the trust fund established 
        under subsection (a) not less frequently than quarterly.
    (c) Investment of Amounts.--
            (1) Investment of amounts.--The Secretary shall invest such 
        portion of the trust fund established under subsection (a) as 
        is not required to meet current withdrawals in interest-bearing 
        obligations of the United States or in obligations guaranteed 
        as to both principal and interest by the United States.
            (2) Interest and proceeds.--The interest on, and the 
        proceeds from the sale or redemption of, any obligations held 
        in the trust fund established under subsection (a) shall be 
        credited to and form a part of the trust fund.
    (d) Availability of Amounts in Trust Fund.--
            (1) In general.--Amounts in the trust fund established 
        under subsection (a) shall be available, without further 
        appropriation, as follows:
                    (A) 60 percent of such amounts shall be available 
                to the Loan Programs Office of the Department of Energy 
                for activities to support projects relating to--
                            (i) mining or processing critical minerals; 
                        or
                            (ii) manufacturing of select derivative 
                        products.
                    (B) 20 percent of such amounts shall be available 
                to the Department of Defense for activities to support 
                projects relating to--
                            (i) mining or processing critical minerals; 
                        or
                            (ii) manufacturing of select derivative 
                        products.
                    (C) 20 percent of such amounts shall be available 
                to the United States International Development Finance 
                Corporation to support international critical mineral 
                projects in countries that are members of the Alliance.
            (2) Rule of construction.--Nothing in this subsection shall 
        be construed to preclude a person from seeking support for a 
        project under both subparagraphs (A) and (B) of paragraph (1).
    (e) Exception From Certain Limitation Under Build Act of 2018.--
            (1) In general.--For purposes of providing support for 
        projects under subsection (d)(1)(C)--
                    (A) the United States International Development 
                Finance Corporation may provide support for projects in 
                countries with upper-middle-income economies or high-
                income economies (as those terms are defined by the 
                World Bank);
                    (B) the restriction under section 1412(c)(2) of the 
                Better Utilization of Investments Leading to 
                Development Act of 2018 (22 U.S.C. 9612(c)(2)) shall 
                not apply; and
                    (C) the Corporation shall restrict the provision of 
                such support in a country described in subparagraph (A) 
                unless the President certifies to the appropriate 
                committees of Congress that--
                            (i) such support furthers the national 
                        economic or foreign policy interests of the 
                        United States;
                            (ii) such support is--
                                    (I) designed to produce significant 
                                developmental outcomes or provide 
                                developmental benefits to the poorest 
                                population of that country; or
                                    (II) necessary to preempt or 
                                counter efforts by a strategic 
                                competitor of the United States to 
                                secure significant political or 
                                economic leverage or acquire national 
                                security-sensitive technologies or 
                                infrastructure in a country that is an 
                                ally or partner of the United States; 
                                and
                            (iii)(I) a United States entity is 
                        participating in the project for which the 
                        support is provided; or
                            (II) not less than 50 percent of the 
                        critical minerals produced by the project will 
                        be offered for sale to the Department of 
                        Defense and United States entities before being 
                        offered for sale to other entities.
            (2) Definitions.--In this subsection:
                    (A) Appropriate committees of congress.--The term 
                ``appropriate committees of Congress'' means--
                            (i) the Committee on Foreign Relations and 
                        the Committee on Finance of the Senate; and
                            (ii) the Committee on Foreign Affairs and 
                        the Committee on Ways and Means of the House of 
                        Representatives.
                    (B) Less developed country.--The term ``less 
                developed country'' has the meaning given that term in 
                section 1402 of the Better Utilization of Investments 
                Leading to Development Act of 2018 (22 U.S.C. 9601).
                    (C) United states entity.--The term ``United States 
                entity'' means an entity organized under the laws of 
                the United States or any jurisdiction within the United 
                States.
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