Addressing the Threat to the Domestic Supply Chain From Reliance on Critical Minerals From Foreign Adversaries and Supporting the Domestic Mining and Processing Industries
Executive Order 2020-22064
|Signed on October 1, 2020
ChinaDefenseTariffs45th Presidency
What it means
This order declares a national emergency regarding America's reliance on foreign countries, particularly China, for critical minerals essential to manufacturing, defense, and technology. It directs federal agencies to develop strategies to expand domestic mining and processing capacity.
Expected impact
- Increased investment in domestic mining and processing of critical minerals like rare earth elements, graphite, and barite
- Streamlined permitting processes for mining projects and mineral recovery from coal waste and abandoned mining sites
- Potential import restrictions or tariffs on critical minerals from China and other "non-market foreign adversaries"
- Expanded eligibility for federal loan guarantees to support domestic mineral supply chain projects