President designates certain minerals as essential for defense production
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Table of Contents
The President has issued a formal determination under the Defense Production Act. This action identifies specific recoverable critical minerals and materials that are necessary for national defense.
Why it matters: This action gives the government more power to direct resources toward specific mineral supplies, which helps ensure the military has what it needs even if there are shortages in the commercial market.
Who it affects
- Mining and mineral processing companies
This document was issued by the Executive Office of the President; readers should consult the official Federal Register entry for the specific list of minerals included.
Agency: Executive Office of the President
Source: Federal Register — read the official document