<enum>I</enum><header>Rare Earth Materials</header> <section id="H56E7A0406DAB4BE5B7F74C657206350E" section-type="subsequent-section"><enum>101.</enum><header>Rare earth materials program</header> <subsection id="H9EDDCE52BD0143709080C656DC4E7097"><enum>(a)</enum><header>Establishment of program</header> <paragraph id="HFA6C59C7AC8547A78C06A3AE7200B290"><enum>(1)</enum><header>In general</header><text>There is established in the Department a program of research, development, demonstration, and commercial application to assure the long-term, secure, and sustainable supply of rare earth materials sufficient to satisfy the national security, economic well-being, and industrial production needs of the United States.</text></paragraph> <paragraph id="HEEE4BED2B393403DA309031D81AA1844"><enum>(2)</enum><header>Program activities</header><text display-inline="yes-display-inline">The program shall support activities to—</text> <subparagraph id="HA8FF48B4ED4C4F2C9C31F6D52FD5E965"><enum>(A)</enum><text>better characterize and quantify virgin stocks of rare earth materials using theoretical geochemical research;</text></subparagraph> <subparagraph id="HF56810704EEC43F59AC9234ED6A61287"><enum>(B)</enum><text>explore, discover, and recover rare earth materials using advanced science and technology;</text></subparagraph> <subparagraph id="H4BF8D10EB2A5463B9E4F65E26C1C3EA4"><enum>(C)</enum><text>improve methods for the extraction, processing, use, recovery, and recycling of rare earth materials;</text></subparagraph> <subparagraph id="HFD3F5BEEAB4B4A75AB3088F03EBA82A8"><enum>(D)</enum><text>improve the understanding of the performance, processing, and adaptability in engineering designs of rare earth materials;</text></subparagraph> <subparagraph id="H3BACCE1DC7AE4CC088E02D15A25FECB1"><enum>(E)</enum><text>identify and test alternative materials that can be substituted for rare earth materials in particular applications; </text></subparagraph> <subparagraph commented="no" id="H895E209DED0347A991A15B8367F1DA68"><enum>(F)</enum><text>engineer and test applications that—</text> <clause commented="no" id="H12BA2EC786124CC3BA5DE0A2158516AB"><enum>(i)</enum><text>use recycled rare earth materials;</text></clause> <clause commented="no" id="HC6E7B4BEBA7547D0821E60808312D9C7"><enum>(ii)</enum><text>use alternative materials; or</text></clause> <clause commented="no" id="H2490F19F13774E8988532CAA3029E50E"><enum>(iii)</enum><text>seek to minimize rare earth materials content; </text></clause></subparagraph> <subparagraph id="HBA64FC3797974128A5149F97F085776B"><enum>(G)</enum><text>collect, catalogue, archive, and disseminate information on rare earth materials, including scientific and technical data generated by the research and development activities supported under this section, and assist scientists and engineers in making the fullest possible use of the data holdings; and</text></subparagraph> <subparagraph id="H93DF647427224AF6AABCCEC8EFB44E3D"><enum>(H)</enum><text>facilitate information sharing and collaboration among program participants and stakeholders.</text></subparagraph></paragraph> <paragraph id="H9A767A8240B2466D8D96882C5CC53CB9"><enum>(3)</enum><header>Improved processes and technologies</header><text display-inline="yes-display-inline">To the maximum extent practicable, the Secretary shall support new or significantly improved processes and technologies as compared to those currently in use in the rare earth materials industry.</text></paragraph> <paragraph id="H04C48344F3A94BC1BEAC4BBECE3DA4DD" display-inline="no-display-inline"><enum>(4)</enum><header>Expanding participation</header><text display-inline="yes-display-inline">The Secretary shall encourage—</text> <subparagraph id="H5299EF02C66045428571C24805E1D6DD"><enum>(A)</enum><text>multidisciplinary collaborations among program participants; and</text></subparagraph> <subparagraph id="H2E559BEA6AEB4EEEAC5F1ACAE1948C0F"><enum>(B)</enum><text>extensive opportunities for students at institutions of higher education, including institutions listed under section 371(a) of the Higher Education Act of 1965 (20 U.S.C. 1067q(a)).</text></subparagraph></paragraph> <paragraph id="HC32E8300E7824B5C92E882B95F622661"><enum>(5)</enum><header>Consistency</header><text>The program shall be consistent with the policies and programs in the National Materials and Minerals Policy, Research and Development Act of 1980 (30 U.S.C. 1601 et seq.).</text></paragraph> <paragraph id="HEF4FF7B72EEB4E049CC4EBCB26CC9EC8"><enum>(6)</enum><header>International collaboration</header><text display-inline="yes-display-inline">In carrying out the program, the Secretary may collaborate, to the extent practicable, on activities of mutual interest with the relevant agencies of foreign countries with interests relating to rare earth materials.</text></paragraph></subsection> <subsection id="HBE4B873594FF44ECA73F471BA710798C"><enum>(b)</enum><header>Plan</header> <paragraph id="HA97D901B58194CB9A62C6FF7D198703F"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">Within 180 days after the date of enactment of this Act and biennially thereafter, the Secretary shall prepare and submit to the appropriate Congressional committees a plan to carry out the program established under <internal-xref idref="H9EDDCE52BD0143709080C656DC4E7097" legis-path="101.(a)">subsection (a)</internal-xref>.</text></paragraph> <paragraph id="HB82B7D2CD1294AC09071174D1ABCCC23"><enum>(2)</enum><header>Specific requirements</header><text>The plan shall include a description of—</text> <subparagraph id="H8F5BE23D986147C1830F62C53BCA35C5"><enum>(A)</enum><text>the research and development activities to be carried out by the program during the subsequent 2 years;</text></subparagraph> <subparagraph id="HCA303654A6EF4BC497C57A96EC3F4A80"><enum>(B)</enum><text>the expected contributions of the program to the creation of innovative methods and technologies for the efficient and sustainable provision of rare earth materials to the domestic economy;</text></subparagraph> <subparagraph commented="no" id="HBD46B85AE50947E683AE1F67A0963A99"><enum>(C)</enum><text>the criteria to be used to evaluate applications for loan guarantees under section 1706 of the Energy Policy Act of 2005;</text></subparagraph> <subparagraph commented="no" id="HD7F707DB077E4B30BA53AE3086B3D30F"><enum>(D)</enum><text>any projects receiving loan guarantee support under such section and the status of such projects;</text></subparagraph> <subparagraph id="HDD8BD13BBBDB4CEFBD1EBBD1743F8670"><enum>(E)</enum><text>how the program is promoting the broadest possible participation by academic, industrial, and other contributors; and</text></subparagraph> <subparagraph id="H9685B91AAF124D4585E84C2B7C61CEE4"><enum>(F)</enum><text>actions taken or proposed that reflect recommendations from the assessment conducted under <internal-xref idref="H5148114D6AF944729169C3517A058006" legis-path="101.(c)">subsection (c)</internal-xref> or the Secretary’s rationale for not taking action pursuant to any recommendation from such assessment for plans submitted following the completion of the assessment under such subsection.</text></subparagraph></paragraph> <paragraph id="HA000597E3207463D99C4E5535348BF7D"><enum>(3)</enum><header>Consultation</header><text display-inline="yes-display-inline">In preparing each plan under <internal-xref idref="HA97D901B58194CB9A62C6FF7D198703F" legis-path="101.(c)(1)">paragraph (1)</internal-xref>, the Secretary shall consult with appropriate representatives of industry, institutions of higher education, Department of Energy national laboratories, professional and technical societies, and other entities, as determined by the Secretary.</text></paragraph></subsection> <subsection id="H5148114D6AF944729169C3517A058006"><enum>(c)</enum><header>Assessment</header> <paragraph id="H08C3DFBE75474B398DD5A5D50F9C51D1"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">After the program has been in operation for 4 years, the Secretary shall offer to enter into a contract with the National Academy of Sciences under which the National Academy shall conduct an assessment of the program under subsection (a).</text></paragraph> <paragraph id="H183224C70AFB46A99DF5DFC890BD9F93"><enum>(2)</enum><header>Inclusions</header><text display-inline="yes-display-inline">The assessment shall include the recommendation of the National Academy of Sciences that the program should be—</text> <subparagraph id="H0381640105CB4CE6B8C430A47F52FE3C"><enum>(A)</enum><text>continued, accompanied by a description of any improvements needed in the program; or</text></subparagraph> <subparagraph id="H11FC007C54274D4C9EBB121A7E606DD3"><enum>(B)</enum><text>terminated, accompanied by a description of the lessons learned from the execution of the program.</text></subparagraph></paragraph> <paragraph id="HA6E9EFC34BFC4862974795469473059E"><enum>(3)</enum><header>Availability</header><text>The assessment shall be made available to Congress and the public upon completion.</text></paragraph></subsection></section> <section id="H38E10BE3A5024372BD7459933841E232"><enum>102.</enum><header>Rare earth materials loan guarantee program</header> <subsection id="H8E317944550F4922947DAB876D1375AD"><enum>(a)</enum><header>Amendment</header><text display-inline="yes-display-inline">Title XVII of the Energy Policy Act of 2005 (42 U.S.C. 16511 et seq.) is amended by adding at the end the following new section:</text> <quoted-block display-inline="no-display-inline" id="H19AD45289E08428CAD08A8ACBD9177AB" style="OLC"> <section id="HA61B20EE0D85460BABB19B006AA2F53B"><enum>1706.</enum><header>Temporary program for rare earth materials revitalization</header> <subsection id="H04540C79C9D7410C9E5DEB2536027837"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">As part of the program established in section 101 of the <short-title>Rare Earths and Critical Materials Revitalization Act of 2010</short-title>, the Secretary is authorized, only to the extent provided in advance in a subsequent appropriations act, to make guarantees under this title for the commercial application of new or significantly improved technologies (compared to technologies currently in use in the United States at the time the guarantee is issued) for the following categories of projects:</text> <paragraph id="H59D4D0A8AE2540CEB78EDF4550A7D560"><enum>(1)</enum><text display-inline="yes-display-inline">The separation and recovery of rare earth materials from ores or other sources.</text></paragraph> <paragraph id="H9D7E716373CF4CE280B48303AF2C4338"><enum>(2)</enum><text>The preparation of rare earth materials in oxide, metal, alloy, or other forms needed for national security, economic well-being, or industrial production purposes.</text></paragraph> <paragraph id="H08ECF7D8125D47DF8B469AE308608A4A"><enum>(3)</enum><text display-inline="yes-display-inline">The application of rare earth materials in the production of improved—</text> <subparagraph id="H07932571DE00425B9402D01B7F7A18FC"><enum>(A)</enum><text>magnets;</text></subparagraph> <subparagraph id="H5CAE4CCB4B5F49F2A9D9FF5D55EBBA7D"><enum>(B)</enum><text>batteries;</text></subparagraph> <subparagraph id="H58A64D22D2714F1A9CEBBB16C3F682E9"><enum>(C)</enum><text display-inline="yes-display-inline">refrigeration systems;</text></subparagraph> <subparagraph id="HD78E69D8234B4939B93ACCE448ADBDAB"><enum>(D)</enum><text>optical systems;</text></subparagraph> <subparagraph id="HC241CDB6E685431C8CEA9A575B1D3CBF"><enum>(E)</enum><text>electronics; and</text></subparagraph> <subparagraph id="HEC28C1D975B447C29CDF099719A09C29"><enum>(F)</enum><text>catalysis.</text></subparagraph></paragraph> <paragraph id="HF41C8A86124F4F0AAAB0639A9982D149"><enum>(4)</enum><text>The application of rare earth materials in other uses, as determined by the Secretary.</text></paragraph></subsection> <subsection id="HDA5DBE12898B4096A7A1A8AA9639C957"><enum>(b)</enum><header>Timeliness</header><text display-inline="yes-display-inline">The Secretary shall seek to minimize delay in approving loan guarantee applications, consistent with appropriate protection of taxpayer interests.</text></subsection> <subsection id="HF62BD3D6F8FA4675867F9683895D77BA"><enum>(c)</enum><header>Cooperation</header><text>To the maximum extent practicable, the Secretary shall cooperate with appropriate private sector participants to achieve a complete rare earth materials production capability in the United States within 5 years after the date of enactment of the <short-title>Rare Earths and Critical Materials Revitalization Act of 2010</short-title>.</text></subsection> <subsection id="H6FB29B1695A640DEAD7FB8341E02C485" display-inline="no-display-inline"><enum>(d)</enum><header>Domestic supply chain</header><text display-inline="yes-display-inline">In support of the objective in subsection (c) to achieve a rare earth materials production capability in the United States that includes the complete value chain described in paragraphs (1) through (4) of subsection (a), the Secretary may not award a guarantee for a project unless the project’s proponent provides to the Secretary an assurance that the loan or guarantee shall be used to support the separation, recovery, preparation, or manufacturing of rare earth materials in the United States for customers within the United States unless insufficient domestic demand for such materials results in excess capacity.</text></subsection> <subsection id="H6F37CAE871E84C33973AC11FB8825B0C"><enum>(e)</enum><header>Sunset</header><text>The authority to enter into guarantees under this section shall expire on September 30, 2015.</text></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></subsection> <subsection id="HFC333CE3956A4EAC8FA6B68485461AFA"><enum>(b)</enum><header>Table of contents amendment</header><text display-inline="yes-display-inline">The table of contents of the Energy Policy Act of 2005 is amended by inserting after the item relating to section 1705 the following new item:</text> <quoted-block display-inline="no-display-inline" id="HF4B2479E7C734DFBA67756B520124635" style="OLC"> <toc regeneration="no-regeneration"> <toc-entry level="section">Sec. 1706. Temporary program for rare earth materials revitalization.</toc-entry></toc><after-quoted-block>.</after-quoted-block></quoted-block></subsection></section>

Short title; table of contents

(a)

Short title

This Act may be cited as the

Rare Earths and Critical Materials Revitalization Act of 2010

. (b)

Table of contents

The table of contents for this Act is as follows:

Sec. 1. Short title; table of contents.

Sec. 2. Definitions.

Title I—Rare Earth Materials

Sec. 101. Rare earth materials program.

Sec. 102. Rare earth materials loan guarantee program.

Title II—National Materials and Minerals Policy, Research, and Development

Sec. 201. Amendments to National Materials and Minerals Policy, Research and Development Act of 1980.

Sec. 202. Repeal.

Definitions

In this Act: (1)

Appropriate Congressional committees

The term appropriate Congressional committees means the Committee on Science and Technology of the House of Representatives and the Committee on Commerce, Science, and Transportation and the Committee on Energy and Natural Resources of the Senate. (2)

Department

The term Department means the Department of Energy. (3)

Rare earth materials

The term rare earth materials means any of the following chemical elements in any of their physical forms or chemical combinations: (A)Scandium. (B)Yttrium. (C)Lanthanum. (D)Cerium. (E)Praseodymium. (F)Neodymium. (G)Promethium. (H)Samarium. (I)Europium. (J)Gadolinium. (K)Terbium. (L)Dysprosium. (M)Holmium. (N)Erbium. (O)Thulium. (P)Ytterbium. (Q)Lutetium. (4)

Secretary

The term Secretary means the Secretary of Energy.

<enum>I</enum><header>Rare Earth Materials</header> <section id="H56E7A0406DAB4BE5B7F74C657206350E" section-type="subsequent-section"><enum>101.</enum><header>Rare earth materials program</header> <subsection id="H9EDDCE52BD0143709080C656DC4E7097"><enum>(a)</enum><header>Establishment of program</header> <paragraph id="HFA6C59C7AC8547A78C06A3AE7200B290"><enum>(1)</enum><header>In general</header><text>There is established in the Department a program of research, development, demonstration, and commercial application to assure the long-term, secure, and sustainable supply of rare earth materials sufficient to satisfy the national security, economic well-being, and industrial production needs of the United States.</text></paragraph> <paragraph id="HEEE4BED2B393403DA309031D81AA1844"><enum>(2)</enum><header>Program activities</header><text display-inline="yes-display-inline">The program shall support activities to—</text> <subparagraph id="HA8FF48B4ED4C4F2C9C31F6D52FD5E965"><enum>(A)</enum><text>better characterize and quantify virgin stocks of rare earth materials using theoretical geochemical research;</text></subparagraph> <subparagraph id="HF56810704EEC43F59AC9234ED6A61287"><enum>(B)</enum><text>explore, discover, and recover rare earth materials using advanced science and technology;</text></subparagraph> <subparagraph id="H4BF8D10EB2A5463B9E4F65E26C1C3EA4"><enum>(C)</enum><text>improve methods for the extraction, processing, use, recovery, and recycling of rare earth materials;</text></subparagraph> <subparagraph id="HFD3F5BEEAB4B4A75AB3088F03EBA82A8"><enum>(D)</enum><text>improve the understanding of the performance, processing, and adaptability in engineering designs of rare earth materials;</text></subparagraph> <subparagraph id="H3BACCE1DC7AE4CC088E02D15A25FECB1"><enum>(E)</enum><text>identify and test alternative materials that can be substituted for rare earth materials in particular applications; </text></subparagraph> <subparagraph commented="no" id="H895E209DED0347A991A15B8367F1DA68"><enum>(F)</enum><text>engineer and test applications that—</text> <clause commented="no" id="H12BA2EC786124CC3BA5DE0A2158516AB"><enum>(i)</enum><text>use recycled rare earth materials;</text></clause> <clause commented="no" id="HC6E7B4BEBA7547D0821E60808312D9C7"><enum>(ii)</enum><text>use alternative materials; or</text></clause> <clause commented="no" id="H2490F19F13774E8988532CAA3029E50E"><enum>(iii)</enum><text>seek to minimize rare earth materials content; </text></clause></subparagraph> <subparagraph id="HBA64FC3797974128A5149F97F085776B"><enum>(G)</enum><text>collect, catalogue, archive, and disseminate information on rare earth materials, including scientific and technical data generated by the research and development activities supported under this section, and assist scientists and engineers in making the fullest possible use of the data holdings; and</text></subparagraph> <subparagraph id="H93DF647427224AF6AABCCEC8EFB44E3D"><enum>(H)</enum><text>facilitate information sharing and collaboration among program participants and stakeholders.</text></subparagraph></paragraph> <paragraph id="H9A767A8240B2466D8D96882C5CC53CB9"><enum>(3)</enum><header>Improved processes and technologies</header><text display-inline="yes-display-inline">To the maximum extent practicable, the Secretary shall support new or significantly improved processes and technologies as compared to those currently in use in the rare earth materials industry.</text></paragraph> <paragraph id="H04C48344F3A94BC1BEAC4BBECE3DA4DD" display-inline="no-display-inline"><enum>(4)</enum><header>Expanding participation</header><text display-inline="yes-display-inline">The Secretary shall encourage—</text> <subparagraph id="H5299EF02C66045428571C24805E1D6DD"><enum>(A)</enum><text>multidisciplinary collaborations among program participants; and</text></subparagraph> <subparagraph id="H2E559BEA6AEB4EEEAC5F1ACAE1948C0F"><enum>(B)</enum><text>extensive opportunities for students at institutions of higher education, including institutions listed under section 371(a) of the Higher Education Act of 1965 (20 U.S.C. 1067q(a)).</text></subparagraph></paragraph> <paragraph id="HC32E8300E7824B5C92E882B95F622661"><enum>(5)</enum><header>Consistency</header><text>The program shall be consistent with the policies and programs in the National Materials and Minerals Policy, Research and Development Act of 1980 (30 U.S.C. 1601 et seq.).</text></paragraph> <paragraph id="HEF4FF7B72EEB4E049CC4EBCB26CC9EC8"><enum>(6)</enum><header>International collaboration</header><text display-inline="yes-display-inline">In carrying out the program, the Secretary may collaborate, to the extent practicable, on activities of mutual interest with the relevant agencies of foreign countries with interests relating to rare earth materials.</text></paragraph></subsection> <subsection id="HBE4B873594FF44ECA73F471BA710798C"><enum>(b)</enum><header>Plan</header> <paragraph id="HA97D901B58194CB9A62C6FF7D198703F"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">Within 180 days after the date of enactment of this Act and biennially thereafter, the Secretary shall prepare and submit to the appropriate Congressional committees a plan to carry out the program established under <internal-xref idref="H9EDDCE52BD0143709080C656DC4E7097" legis-path="101.(a)">subsection (a)</internal-xref>.</text></paragraph> <paragraph id="HB82B7D2CD1294AC09071174D1ABCCC23"><enum>(2)</enum><header>Specific requirements</header><text>The plan shall include a description of—</text> <subparagraph id="H8F5BE23D986147C1830F62C53BCA35C5"><enum>(A)</enum><text>the research and development activities to be carried out by the program during the subsequent 2 years;</text></subparagraph> <subparagraph id="HCA303654A6EF4BC497C57A96EC3F4A80"><enum>(B)</enum><text>the expected contributions of the program to the creation of innovative methods and technologies for the efficient and sustainable provision of rare earth materials to the domestic economy;</text></subparagraph> <subparagraph commented="no" id="HBD46B85AE50947E683AE1F67A0963A99"><enum>(C)</enum><text>the criteria to be used to evaluate applications for loan guarantees under section 1706 of the Energy Policy Act of 2005;</text></subparagraph> <subparagraph commented="no" id="HD7F707DB077E4B30BA53AE3086B3D30F"><enum>(D)</enum><text>any projects receiving loan guarantee support under such section and the status of such projects;</text></subparagraph> <subparagraph id="HDD8BD13BBBDB4CEFBD1EBBD1743F8670"><enum>(E)</enum><text>how the program is promoting the broadest possible participation by academic, industrial, and other contributors; and</text></subparagraph> <subparagraph id="H9685B91AAF124D4585E84C2B7C61CEE4"><enum>(F)</enum><text>actions taken or proposed that reflect recommendations from the assessment conducted under <internal-xref idref="H5148114D6AF944729169C3517A058006" legis-path="101.(c)">subsection (c)</internal-xref> or the Secretary’s rationale for not taking action pursuant to any recommendation from such assessment for plans submitted following the completion of the assessment under such subsection.</text></subparagraph></paragraph> <paragraph id="HA000597E3207463D99C4E5535348BF7D"><enum>(3)</enum><header>Consultation</header><text display-inline="yes-display-inline">In preparing each plan under <internal-xref idref="HA97D901B58194CB9A62C6FF7D198703F" legis-path="101.(c)(1)">paragraph (1)</internal-xref>, the Secretary shall consult with appropriate representatives of industry, institutions of higher education, Department of Energy national laboratories, professional and technical societies, and other entities, as determined by the Secretary.</text></paragraph></subsection> <subsection id="H5148114D6AF944729169C3517A058006"><enum>(c)</enum><header>Assessment</header> <paragraph id="H08C3DFBE75474B398DD5A5D50F9C51D1"><enum>(1)</enum><header>In general</header><text display-inline="yes-display-inline">After the program has been in operation for 4 years, the Secretary shall offer to enter into a contract with the National Academy of Sciences under which the National Academy shall conduct an assessment of the program under subsection (a).</text></paragraph> <paragraph id="H183224C70AFB46A99DF5DFC890BD9F93"><enum>(2)</enum><header>Inclusions</header><text display-inline="yes-display-inline">The assessment shall include the recommendation of the National Academy of Sciences that the program should be—</text> <subparagraph id="H0381640105CB4CE6B8C430A47F52FE3C"><enum>(A)</enum><text>continued, accompanied by a description of any improvements needed in the program; or</text></subparagraph> <subparagraph id="H11FC007C54274D4C9EBB121A7E606DD3"><enum>(B)</enum><text>terminated, accompanied by a description of the lessons learned from the execution of the program.</text></subparagraph></paragraph> <paragraph id="HA6E9EFC34BFC4862974795469473059E"><enum>(3)</enum><header>Availability</header><text>The assessment shall be made available to Congress and the public upon completion.</text></paragraph></subsection></section> <section id="H38E10BE3A5024372BD7459933841E232"><enum>102.</enum><header>Rare earth materials loan guarantee program</header> <subsection id="H8E317944550F4922947DAB876D1375AD"><enum>(a)</enum><header>Amendment</header><text display-inline="yes-display-inline">Title XVII of the Energy Policy Act of 2005 (42 U.S.C. 16511 et seq.) is amended by adding at the end the following new section:</text> <quoted-block display-inline="no-display-inline" id="H19AD45289E08428CAD08A8ACBD9177AB" style="OLC"> <section id="HA61B20EE0D85460BABB19B006AA2F53B"><enum>1706.</enum><header>Temporary program for rare earth materials revitalization</header> <subsection id="H04540C79C9D7410C9E5DEB2536027837"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">As part of the program established in section 101 of the <short-title>Rare Earths and Critical Materials Revitalization Act of 2010</short-title>, the Secretary is authorized, only to the extent provided in advance in a subsequent appropriations act, to make guarantees under this title for the commercial application of new or significantly improved technologies (compared to technologies currently in use in the United States at the time the guarantee is issued) for the following categories of projects:</text> <paragraph id="H59D4D0A8AE2540CEB78EDF4550A7D560"><enum>(1)</enum><text display-inline="yes-display-inline">The separation and recovery of rare earth materials from ores or other sources.</text></paragraph> <paragraph id="H9D7E716373CF4CE280B48303AF2C4338"><enum>(2)</enum><text>The preparation of rare earth materials in oxide, metal, alloy, or other forms needed for national security, economic well-being, or industrial production purposes.</text></paragraph> <paragraph id="H08ECF7D8125D47DF8B469AE308608A4A"><enum>(3)</enum><text display-inline="yes-display-inline">The application of rare earth materials in the production of improved—</text> <subparagraph id="H07932571DE00425B9402D01B7F7A18FC"><enum>(A)</enum><text>magnets;</text></subparagraph> <subparagraph id="H5CAE4CCB4B5F49F2A9D9FF5D55EBBA7D"><enum>(B)</enum><text>batteries;</text></subparagraph> <subparagraph id="H58A64D22D2714F1A9CEBBB16C3F682E9"><enum>(C)</enum><text display-inline="yes-display-inline">refrigeration systems;</text></subparagraph> <subparagraph id="HD78E69D8234B4939B93ACCE448ADBDAB"><enum>(D)</enum><text>optical systems;</text></subparagraph> <subparagraph id="HC241CDB6E685431C8CEA9A575B1D3CBF"><enum>(E)</enum><text>electronics; and</text></subparagraph> <subparagraph id="HEC28C1D975B447C29CDF099719A09C29"><enum>(F)</enum><text>catalysis.</text></subparagraph></paragraph> <paragraph id="HF41C8A86124F4F0AAAB0639A9982D149"><enum>(4)</enum><text>The application of rare earth materials in other uses, as determined by the Secretary.</text></paragraph></subsection> <subsection id="HDA5DBE12898B4096A7A1A8AA9639C957"><enum>(b)</enum><header>Timeliness</header><text display-inline="yes-display-inline">The Secretary shall seek to minimize delay in approving loan guarantee applications, consistent with appropriate protection of taxpayer interests.</text></subsection> <subsection id="HF62BD3D6F8FA4675867F9683895D77BA"><enum>(c)</enum><header>Cooperation</header><text>To the maximum extent practicable, the Secretary shall cooperate with appropriate private sector participants to achieve a complete rare earth materials production capability in the United States within 5 years after the date of enactment of the <short-title>Rare Earths and Critical Materials Revitalization Act of 2010</short-title>.</text></subsection> <subsection id="H6FB29B1695A640DEAD7FB8341E02C485" display-inline="no-display-inline"><enum>(d)</enum><header>Domestic supply chain</header><text display-inline="yes-display-inline">In support of the objective in subsection (c) to achieve a rare earth materials production capability in the United States that includes the complete value chain described in paragraphs (1) through (4) of subsection (a), the Secretary may not award a guarantee for a project unless the project’s proponent provides to the Secretary an assurance that the loan or guarantee shall be used to support the separation, recovery, preparation, or manufacturing of rare earth materials in the United States for customers within the United States unless insufficient domestic demand for such materials results in excess capacity.</text></subsection> <subsection id="H6F37CAE871E84C33973AC11FB8825B0C"><enum>(e)</enum><header>Sunset</header><text>The authority to enter into guarantees under this section shall expire on September 30, 2015.</text></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></subsection> <subsection id="HFC333CE3956A4EAC8FA6B68485461AFA"><enum>(b)</enum><header>Table of contents amendment</header><text display-inline="yes-display-inline">The table of contents of the Energy Policy Act of 2005 is amended by inserting after the item relating to section 1705 the following new item:</text> <quoted-block display-inline="no-display-inline" id="HF4B2479E7C734DFBA67756B520124635" style="OLC"> <toc regeneration="no-regeneration"> <toc-entry level="section">Sec. 1706. Temporary program for rare earth materials revitalization.</toc-entry></toc><after-quoted-block>.</after-quoted-block></quoted-block></subsection></section> <enum>II</enum><header>National Materials and Minerals Policy, Research, and Development</header> <section id="HBA65EF54302E405A859D8C9DF9A83750"><enum>201.</enum><header>Amendments to National Materials and Minerals Policy, Research and Development Act of 1980</header> <subsection id="H123ECFCB9EE045CC9FF13AFCD5F35AFF"><enum>(a)</enum><header>Program Plan</header><text display-inline="yes-display-inline">Section 5 of the National Materials and Minerals Policy, Research and Development Act of 1980 (30 U.S.C. 1604) is amended—</text> <paragraph id="H5AD0EF91720C46D9AC474F369310101E"><enum>(1)</enum><text display-inline="yes-display-inline">by striking <quote>date of enactment of this Act</quote> each place it appears and inserting <quote>date of enactment of the <short-title>Rare Earths and Critical Materials Revitalization Act of 2010</short-title></quote>;</text></paragraph> <paragraph id="HBED9132E845E421F95E197DE09787603"><enum>(2)</enum><text>in subsection (b), by striking <quote>Federal Coordinating Council for Science, Engineering, and Technology</quote> and inserting <quote>National Science and Technology Council,</quote>;</text></paragraph> <paragraph id="HCCF1A8711A174F1586A7B26E64C7BE52"><enum>(3)</enum><text>in subsection (c)—</text> <subparagraph id="H5596F93A89E7464080460ECEFC6E9A8E"><enum>(A)</enum><text>by striking <quote>the Federal Emergency</quote> and all that follows through <quote>Agency, and</quote>;</text></subparagraph> <subparagraph id="H53C9AD94C37C44B2914F23E266E29523"><enum>(B)</enum><text>by striking <quote>appropriate shall</quote> and inserting <quote>appropriate, shall</quote>;</text></subparagraph> <subparagraph id="HCD293E9CF1804F9B9F2C44C0E005D3D4"><enum>(C)</enum><text>by striking paragraph (1);</text></subparagraph> <subparagraph id="HC1225198C0B24427B77E444544E90175"><enum>(D)</enum><text display-inline="yes-display-inline">in paragraph (2), by striking <quote>in the case</quote> and all that follows through <quote>subsection,</quote>;</text></subparagraph> <subparagraph id="H2588B51BB54E4C8DA7FACDE13293EBE9"><enum>(E)</enum><text>by redesignating paragraph (2) as paragraph (1); and</text></subparagraph> <subparagraph id="HF67303A90F34457C846256599F76B6C5"><enum>(F)</enum><text>by amending paragraph (3) to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H50416AAEDC884187960627A690AF494A" style="OLC"> <paragraph id="H10AE2FFEC6DC4899959CB479D5971FE9"><enum>(2)</enum><text display-inline="yes-display-inline">assess the adequacy, accessibility, and stability of the supply of materials necessary to maintain national security, economic well-being, and industrial production.</text></paragraph><after-quoted-block>;</after-quoted-block></quoted-block></subparagraph></paragraph> <paragraph id="H008CE49D67984EA8B8509408EAAD65D7"><enum>(4)</enum><text>by striking subsections (d) and (e); and</text></paragraph> <paragraph id="HA4821B8B918048819A37803955A78678"><enum>(5)</enum><text>by redesignating subsection (f) as subsection (d).</text></paragraph></subsection> <subsection id="HEFB74285ED8944788E508805DA9CD154"><enum>(b)</enum><header>Policy</header><text>Section 3 of such Act (30 U.S.C. 1602) is amended—</text> <paragraph id="HFC4F22470C0F4AB5B6E0D8FC7D02CFF9"><enum>(1)</enum><text>by striking <quote>The Congress declares that it</quote> and inserting <quote>It</quote>; and</text></paragraph> <paragraph id="H034C009AC6E742FA842A9D1D4D1E42D0"><enum>(2)</enum><text>by striking <quote>The Congress further declares that implementation</quote> and inserting <quote>Implementation</quote>.</text></paragraph></subsection> <subsection id="H1E1713DFD7BA4884962BBBA19D502AFE"><enum>(c)</enum><header>Implementation</header><text>Section 4 of such Act (30 U.S.C. 1603) is amended—</text> <paragraph id="HA6112FDE8B21403C8855102BDE8A27CB"><enum>(1)</enum><text>by striking <quote>For the purpose</quote> and all that follows through <quote>declares that the</quote> and inserting <quote>The</quote>; and</text></paragraph> <paragraph id="HC8BC72B68ED343EE9BDF422DFFC2535F"><enum>(2)</enum><text display-inline="yes-display-inline">by striking <quote>departments and agencies,</quote> and inserting <quote>departments and agencies to implement the policies set forth in section 3</quote>.</text></paragraph></subsection></section> <section id="H0A9F43A1C12B4044945E90BB1B10B257"><enum>202.</enum><header>Repeal</header><text display-inline="no-display-inline">Title II of Public Law 98–373 (30 U.S.C. 1801 et seq.; 98 Stat. 1248), also known as the National Critical Materials Act of 1984, is repealed.</text></section>

Passed the House of Representatives September 29, 2010.

Lorraine C. Miller,Clerk.