The Mosaic Approach: Strengthening America's Critical Minerals Supply Chain
The US faces a critical minerals supply chain challenge due to increasing demand, underdeveloped resources, intense international competition, and neglect. This report argues that the US must take a multidimensional approach to strengthen the supply chain. The approach includes government actions such as recognizing the link between critical minerals and geopolitical and climate goals, prioritizing US resource development, streamlining the permit process, and considering stockpiling. Private sector actions include reducing investment risk, seeking long-term contracts, investing in new technologies, and investing in human capital. International actions include highlighting how mining contributes to a clean energy future. The US must take a proactive and coordinated approach to ensure a secure and resilient critical minerals supply chain.
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