US Strategic and Critical Materials Review

Country / jurisdiction: United States · Year: 2021 · Status: In force · Level: National · Type: Voluntary

In February 2021, the US president issued the Executive Order on America’s Supply Chains, which directed a comprehensive review of supply chain risks to inform the government’s strategy to rebuild resilient, diverse and secure domestic manufacturing capacities. As part of this effort, the US Department of Defense led an interagency effort to identify risks to the supply chains for critical minerals and materials, including rare earths, and provided policy recommendations to address these risks. To ensure the national supply of strategic and critical minerals, the interagency team recommended developing new sustainability standards for strategic and critical material intensive industries, expand domestic production and processing capacity, strengthen national stockpiles against short-term supply disruptions, and improve transparency of the global supply chain.

Official source: https://www.defense.gov/Newsroom/Releases/Release/Article/2649649/the-defense-departments-strategic-and-critical-materials-review/