{"id":1114578,"date":"2019-05-06T19:42:26","date_gmt":"2019-05-06T19:42:26","guid":{"rendered":"http:\/\/www.mining.com\/?p=985888"},"modified":"2019-05-06T19:42:26","modified_gmt":"2019-05-06T19:42:26","slug":"us-senate-introduces-new-bill-to-boost-domestic-battery-minerals-supply","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1114578","title":{"rendered":"US senate introduces new bill to boost domestic battery minerals supply"},"content":{"rendered":"<p>Republican senators led by Lisa Murkowski has introduced <a href=\"https:\/\/www.energy.senate.gov\/public\/index.cfm?a=files.serve&amp;File_id=7A191CB5-7665-4338-865F-21CCBABB77F7\"  rel=\"noopener\">bipartisan legislation<\/a> to secure mineral resources and supply chains, reducing reliance on foreign sources.\u00a0The new legislation &#8211; the American Minerals Security Act &#8211; listed lithium, graphite, cobalt and nickel as &#8220;critical minerals&#8221; to the auto and energy industries.<\/p>\n<p>\u201cOur nation\u2019s mineral security is a significant, urgent, and often ignored challenge. Our reliance on China and other nations for critical minerals costs us jobs, weakens our economic competitiveness, and leaves us at a geopolitical disadvantage,\u201d said Murkowski at last week&#8217;s inaugural Benchmark Minerals Summit in Washington DC.<\/p>\n<p><q class='pullQuote-right'>According to the US Geological Survey, the nation imported at least 50% of 48 minerals last year, including 100% of 18 of them<\/q><\/p>\n<p>According to the US Geological Survey, the nation imported at least 50% of 48 minerals last year, including 100% of 18 of them. That includes 100% of its supply of rare earth elements, graphite and indium.<\/p>\n<p>\u201cRight now, the US produces 1% of global lithium supply and only 7% of refined lithium chemical supply, while China produces 51%. For cobalt, the US has zero mining capacity and zero chemicals capacity whilst China controls 80% of this second stage,&#8221; commented Simon Moores, managing director of <a href=\"https:\/\/www.benchmarkminerals.com\/senator-murkowski-us-government-launch-american-minerals-security-act-at-benchmark-minerals-summit-in-washington-dc\/\"  rel=\"noopener\">Benchmark Mineral Intelligence<\/a>, a battery raw materials advisory firm.<\/p>\n<p>\u201cGraphite is the most extreme example with no flake graphite mining and anode production compared to China\u2019s 51% and 100% of the world\u2019s total, respectively. And its a similar story with nickel: under 1% mined in the US and zero capacity for nickel sulfate.&#8221;<\/p>\n<p>\u201cThese supply chains are the oil pipelines of tomorrow. The lithium ion battery is to the 21st century is what the oil barrel was to the 20th century,&#8221; he added.<\/p>\n<p>Murkowski, chair of the Committee of Energy and Natural Resources, has introduced similar standalone legislation in the past, including a section on critical minerals in her energy bill in the 114th and 115th Congresses.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/us-senate-introduces-new-bill-boost-domestic-critical-minerals-supply\/\">US senate introduces new bill to boost domestic battery minerals supply<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new legislation goes further than ever before, looking at not only the domestic mineral resources but the supply chains that refine the raw materials for electric vehicles.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/us-senate-introduces-new-bill-boost-domestic-critical-minerals-supply\/\">US senate introduces new bill to boost domestic battery minerals supply<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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