• Home
  • Privacy Policy
  • Terms & Conditions
  • Thank you
Profit News Report
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
No Result
View All Result
Profit News Report
No Result
View All Result
Home Editor's Pick

Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems

by
July 9, 2025
in Editor's Pick
0
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

A Senate Republican wants to give the U.S. a leg up in its race against China and to ween the nation off of its reliance on imports of key raw materials needed for weapons systems.

Sen. Tom Cotton, R-Ark., would like to fast-track the harvesting of raw materials in the U.S. needed for the nation’s defensive capabilities, and plans to blow through federal and judicial red tape to do it.

Cotton plans to introduce legislation that would allow critical mineral mining projects deemed necessary to bolster the nation’s military and defensive readiness by Secretary of Defense Pete Hegseth to skirt environmental laws and possible blockages by the courts.

His bill is designed to give the U.S. an edge against China, the world’s largest producer of critical minerals like cobalt, lithium, graphite and other rare earth minerals used in weapons systems, electric vehicles and consumer electronics.

Currently, China produces roughly 60% of the world’s critical mineral supply, and processes up to 90%.

‘Current environmental laws put our readiness to counter Communist China at risk and waste taxpayer dollars on projects that stall out and die on the vine,’ Cotton said in a statement to Fox News Digital. ‘This bill will create jobs, better arm and prepare our soldiers, and spend taxpayer dollars more efficiently.’

Cotton’s bill, dubbed the Necessary Environmental Exemptions for Defense Act, would create a waiver for mining activities and projects related to countering China and to allow the Pentagon to ‘operate with maximum agility and efficiency to ensure it is prepared to deter and, if necessary, fight and win a conflict with the Chinese Communist Party,’ according to bill text first obtained by Fox News Digital.

Among the regulations and environmental review standards that could be skirted with the waiver are the National Environmental Policy Act, Endangered Species Act, Marine Mammal Protection Act and Federal Water Pollution Control Act.

Cotton argued in his legislation that the aforementioned regulations ‘frequently and unnecessarily delay’ the preparedness of the military without ‘substantial benefit to the environment or protected species,’ and that time is of the essence when it comes to national defense.

The projects that would fall under the umbrella of the regulation exemption include testing and production and deployment of technologies, systems or equipment and the construction, maintenance, expansion, or repair of facilities or Defense Department infrastructure, among others.

It would also prevent projects from being snarled in the courts, as long as the initiative is deemed necessary for military preparedness by the Secretary of Defense.

The bill fits into the White House’s broader plan to jump-start critical mineral mining in the country, be it through executive action, a bid to buy Greenland, a minerals agreement with Ukraine, or opening up more offshore mining in the Gulf of America.

It also comes after President Donald Trump reached a deal with Chinese President Xi Jinping to resume trade of critical minerals after shipments were stopped earlier this year following the White House’s slew of tariffs against China and other countries. 

This post appeared first on FOX NEWS
Previous Post

State Department investigating Rubio AI impersonator who contacted US, foreign officials

Next Post

Biden doctor dodges questions in speedy House closed-door interview

Next Post
Biden doctor dodges questions in speedy House closed-door interview

Biden doctor dodges questions in speedy House closed-door interview

  • Trending
  • Comments
  • Latest
The dollar index continues to pull back to a new low

The dollar index continues to pull back to a new low

March 20, 2025
BNB Price Surge Leads Crypto Gains as Bitcoin Climbs

BNB Price Surge Leads Crypto Gains as Bitcoin Climbs

April 21, 2025
A look back at Biden’s Remarkable 50-year career in politics

A look back at Biden’s Remarkable 50-year career in politics

March 20, 2025
BNGO Stock: BioNano Genomics Analysis and Forecast

BNGO Stock: BioNano Genomics Analysis and Forecast

March 20, 2025
Far-left firebrand says she ‘never had a concern’ about Biden’s mental state as House probe heats up

Far-left firebrand says she ‘never had a concern’ about Biden’s mental state as House probe heats up

0
Nvidia Stock Tumbles on Earnings Anticipation and AI Rivalry

Nvidia Stock Tumbles on Earnings Anticipation and AI Rivalry

0
The dollar index continues to pull back to a new low

The dollar index continues to pull back to a new low

0
BNGO Stock: BioNano Genomics Analysis and Forecast

BNGO Stock: BioNano Genomics Analysis and Forecast

0
Far-left firebrand says she ‘never had a concern’ about Biden’s mental state as House probe heats up

Far-left firebrand says she ‘never had a concern’ about Biden’s mental state as House probe heats up

July 9, 2025
US-backed Gaza aid group launches bold new system to deliver food directly to families

US-backed Gaza aid group launches bold new system to deliver food directly to families

July 9, 2025
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

July 9, 2025
New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

July 9, 2025

Recent News

Far-left firebrand says she ‘never had a concern’ about Biden’s mental state as House probe heats up

Far-left firebrand says she ‘never had a concern’ about Biden’s mental state as House probe heats up

July 9, 2025
US-backed Gaza aid group launches bold new system to deliver food directly to families

US-backed Gaza aid group launches bold new system to deliver food directly to families

July 9, 2025
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

July 9, 2025
New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

July 9, 2025
  • Privacy Policy
  • Terms & Conditions
  • Privacy Policy
  • Terms & Conditions

Disclaimer: Profitnewsreport.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.
Copyright © 2025 Profitnewsreport.com

No Result
View All Result
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank you

Disclaimer: Profitnewsreport.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.
Copyright © 2025 Profitnewsreport.com