S.Amdt. 5928

SA 5928. Mr. HAGERTY submitted an amendment intended to be proposed to amendment SA 5499 submitted by Mr. Reed (for himself and Mr. Inhofe) and intended to be proposed to the bill H.R. 7900, to authorize appropriations for fiscal year 2023 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle F of title X, add the following:

SEC. 1064. REPORT ON IMPACT OF GLOBAL CRITICAL MINERAL AND METAL RESERVES ON UNITED STATES MILITARY EQUIPMENT SUPPLY CHAINS.

(a) In General.--Not later than 90 days after the date of the enactment of this Act, the Secretary of Defense shall submit to Congress a report on--

(1) the impact of the current and future supply of global critical mineral and metal reserves on the United States military equipment supply chains; and

(2) the feasibility of public-private partnerships to foster supply chain resilience through strategic investments.

(b) Elements.--The report required by subsection (a) shall include--

(1) an assessment of the efforts of the People's Republic of China and the Russian Federation to acquire global reserves of critical minerals and metals, including reserves of lithium, tungsten, tantalum, cobalt, and molybdenum;

(2) a description of the efforts of the Department of Defense to procure critical minerals and metals;

(3) a description of planned investments by the Department to ensure the resiliency and security of the United States military supply chains requiring critical minerals and metals;

(4) an assessment of the feasibility of engagement initiated by the Department with public-private partnerships to consult and coordinate in a concerted effort to improve information sharing with respect to development and mining projects, production technologies, and refining facilities relating to securing supply chains of critical minerals and metal reserves; and

(5) an assessment of the feasibility of loan guarantees provided by the Department to private industry to enable significant strategic investments in development and mining projects, production technologies, and refining facilities relating to securing supply chains of critical minerals and metal reserves.

(c) Form.--The report required by subsection (a) shall be submitted in unclassified form and include a classified annex.