The US passes DOMINANCE Act for critical minerals security

Mining

Jun 09

The U.S. House of Representatives on Monday passed H.R. 7037, the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies (DOMINANCE) Act, bipartisan legislation ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe US passes DOMINANCE Act for critical minerals security\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-09 15:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mining.com/the-us-passes-dominance-act-for-critical-minerals-security/><strong>Mining</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. House of Representatives on Monday passed H.R. 7037, the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies (DOMINANCE) Act, bipartisan legislation ...</p>\n\n<a href=\"https://www.mining.com/the-us-passes-dominance-act-for-critical-minerals-security/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CA","symbol_name":"Xtrackers California Municipal Bond ETF","start_time":0,"source_url":"https://www.mining.com/the-us-passes-dominance-act-for-critical-minerals-security/","article_id":"2642026413","we_media_id":null,"thumbnails":["https://www.mining.com/wp-content/uploads/2026/06/AdobeStock_470335352-scaled-1.jpeg"],"rights":{"source":"mining_highlight","url":"https://www.mining.com/the-us-passes-dominance-act-for-critical-minerals-security/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2642026413","pubTimestamp":1780991040,"columns":[],"sourceInfo":{"source_id":"mining_highlight","name":"MINING.COM"},"weMediaInfo":null,"summary":"Bipartisan legislation introduced to strengthen US energy security.","collect":0,"end_time":0,"defaultTopTitle":"mining.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CA":"Xtrackers California Municipal Bond ETF","BK4084":"特种房地产投资信托","BK4234":"特殊用途房地产信托","SAFE":"Safehold"},"translate_title":"美国通过关键矿产安全主导法案","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CA":1,"SAFE":1},"content_text":"The U.S. House of Representatives on Monday passed H.R. 7037, the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies (DOMINANCE) Act, bipartisan legislation introduced by Representatives Ami Bera, M.D. (CA) and Young  Kim (CA) to strengthen U.S. energy security, reduce reliance on China for critical minerals, and build more resilient supply chains with trusted allies and partners. \nCritical minerals are essential to America’s defense industrial base, advanced manufacturing sector, and emerging technologies. Yet China’s near total dominance in rare earth processing continues to create a strategic vulnerability for the United States and its allies. \nThe DOMINANCE Act addresses this by expanding cooperation with allies and partners, supporting strategic mineral and energy investments, strengthening U.S. energy diplomacy, and investing in the workforce and expertise needed to build secure, diversified, and resilient critical mineral supply chains. \n“Securing reliable access to critical minerals is not a Democratic or Republican issue—it’s an American issue,” Bera said in a news release. “Today, China controls roughly 90% of global rare earth processing capacity, creating a strategic vulnerability that Beijing has shown it is willing to exploit through export restrictions and economic coercion.” \nThe United States must continue expanding domestic mining, processing, refining, and recycling capacity, but we cannot build secure and resilient supply chains alone,” Bera said. “The DOMINANCE Act strengthens cooperation with trusted allies and partners, mobilizes strategic investment, and aligns our diplomatic and economic tools to reduce dependence on vulnerable supply chains.” \nThe legislation has earned support from a diverse coalition of organizations across the national security, manufacturing, technology, energy, and policy communities, including Third Way, the Progressive Policy Institute, Bipartisan Policy Center Action, Climate Leadership Council, the National Association of Manufacturers, the Information Technology Industry Council, Securing  America’s Future Energy (SAFE) Center for Critical Minerals Strategy, and the U.S.-ASEAN Business Council.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}