H.R.1388 - Rare Earths Supply Chain Technology and Resources Transformation Act of 2011

To reestablish a competitive domestic rare earths minerals production industry; a domestic rare earth processing, refining, purification, and metals production industry; a domestic rare earth metals alloying industry; and a domestic rare-earth-based magnet production industry and supply chain in the Defense Logistics Agency of the Department of Defense. view all titles (3)

All Bill Titles

  • Official: To reestablish a competitive domestic rare earths minerals production industry; a domestic rare earth processing, refining, purification, and metals production industry; a domestic rare earth metals alloying industry; and a domestic rare-earth-based magnet production industry and supply chain in the Defense Logistics Agency of the Department of Defense. as introduced.
  • Short: Rare Earths Supply Chain Technology and Resources Transformation Act of 2011 as introduced.
  • Short: RESTART Act as introduced.

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  • Wiglr 06/08/2011 3:50pm

    I realize that all the rare earth magnetic material suppliers are outside the U.S., and that we’re completely dependent on Chinese suppliers at the moment. But why is the Government getting involved here? If there’s a problem, LET THE PRIVATE SECTOR — NOT U.S. TAXPAYERS — solve it. Let the private companies and contractors who are now paying a premium, or not getting supplies, make the investment, since they will surely profit from it later.

    If U.S. taxpayers are fronting the cash, then the U.S. taxpayers should own a proportionate share in the resulting company.


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