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S 3962 117th Congress Senate International Affairs

Quad Critical Minerals Partnership Act

Introduced: March 30, 2022 Introduced by: Lankford, James Republican · Oklahoma See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 30, 2022
Read twice and referred to the Committee on Foreign Relations.
Mar 30, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Quad Critical Minerals Partnership Act

This bill requires the President to establish a comprehensive strategy to address the national security threat posed by China's dominant share of the global critical minerals market by developing a more reliable and secure supply chain of critical minerals.

The bill also requires the U.S. International Development Finance Corporation to prioritize projects that will support the strategy, including projects that will facilitate cooperation with other countries in the Quadrilateral Security Dialogue on investments related to critical minerals. (The dialogue is a coalition comprised of the United States, Japan, India, and Australia.)

The U.S. Trade Representative must initiate multilateral discussions with other countries in the dialogue to support the strategy and facilitate cooperation on investments related to critical minerals.

What's happening now March 30, 2022

Read twice and referred to the Committee on Foreign Relations.

 Committees of jurisdiction 1