[House Hearing, 119 Congress]
[From the U.S. Government Publishing Office]


                  SECURING AMERICA'S MINERAL FUTURE: 
                  UNLOCKING THE ECONOMIC VALUE BENEATH 
                  OUR FEET

=======================================================================

                                HEARING

                               BEFORE THE

                      COMMITTEE ON SMALL BUSINESS
                             UNITED STATES
                        HOUSE OF REPRESENTATIVES

                    ONE HUNDRED NINETEENTH CONGRESS

                             FIRST SESSION

                               __________

                              HEARING HELD
                             JUNE 24, 2025

                               __________

[GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]                               

            Small Business Committee Document Number 119-015
             Available via the GPO Website: www.govinfo.gov
             
                                __________

                   U.S. GOVERNMENT PUBLISHING OFFICE                    
60-853                     WASHINGTON : 2025                  
          
-----------------------------------------------------------------------------------     
            
                   HOUSE COMMITTEE ON SMALL BUSINESS

                    ROGER WILLIAMS, Texas, Chairman
                        PETE STAUBER, Minnesota
                        DAN MEUSER, Pennsylvania
                         BETH VAN DUYNE, Texas
                           JAKE ELLZEY, Texas
                         MARK ALFORD, Missouri
                         NICK LALOTA, New York
                        BRAD FINSTAD, Minnesota
                          TONY WIED, Wisconsin
                      ROB BRESNAHAN, Pennsylvania
                          BRIAN JACK, Georgia
                         TROY DOWNING, Montana
             KIMBERLYN KING-HINDS, Northern Marina Islands
                         DEREK SCHMIDT, Kansas
                        JIMMY PATRONIS, Florida
               NYDIA VELAZQUEZ, New York, Ranking Member
                       MORGAN MCGARVEY, Kentucky
                       HILLARY SCHOLTEN, Michigan
                      LAMONICA MCIVER, New Jersey
                        GIL CISNEROS, California
                       KELLY MORRISON, Minnesota
                        GEORGE LATIMER, New York
                         DEREK TRAN, California
                       LATEEFAH SIMON, California
                       JOHNNY OLSZEWSKI, Maryland
                        HERB CONAWAY, New Jersey
                    MAGGIE GOODLANDER, New Hampshire

                 Lauren Holmes, Majority Staff Director
                 Melissa Jung, Minority Staff Director
                            
                            C O N T E N T S

                           OPENING STATEMENTS

                                                                   Page
Hon. Roger Williams..............................................     1
Hon. Hillary Scholten............................................     2

                               WITNESSES

Mr. Aaron T Dowd, Chief Executive Officer, Rare Earth Salts, 
  Beatrice, NE...................................................     5
Mr. Harvey Kaye, Executive Director, U.S. Critical Materials.....     6
Mr. Ken Mushinski, President and Chief Executive Officer, Rare 
  Element Resources, Littleton, CO...............................     8
Dr. Laura Stoy, PhD., Founder and Chief Executive Officer, 
  Rivalia Chemical, Lemont, IL...................................     9

                                APPENDIX

Prepared Statements:
    Mr. Aaron T. Dowd, Chief Executive Officer, Rare Earth Salts, 
      Beatrice, NE...............................................    35
    Mr. Harvey Kaye, Executive Director, U.S. Critical Materials.    38
    Mr. Ken Mushinski, President and Chief Executive Officer, 
      Rare Element Resources, Littleton, CO......................    41
    Dr. Laura Stoy, PhD., Founder and Chief Executive Officer, 
      Rivalia Chemical, Lemont, IL...............................    47
Questions for the Record:
    None.
Answers for the Record:
    None.
Additional Material for the Record:
    Alliance for Mineral Security Letter.........................    51
    Ecological Economics Letter..................................    57
    National Science Foundation (NSF) Letter.....................    66
    Outdoor Alliance Letter......................................    73
    ReElement Technologies Letter................................    77
    Robert Anderson Letter.......................................    79

 
    SECURING AMERICA'S MINERAL FUTURE: UNLOCKING THE ECONOMIC VALUE 
                            BENEATH OUR FEET

                              ----------                              


                         TUESDAY, JUNE 24, 2025

                  House of Representatives,
               Committee on Small Business,
                                                    Washington, DC.
    The Committee met, pursuant to call, at 10:08 a.m., in Room 
2360, Rayburn House Office Building, Hon. Roger Williams 
[chairman of the Committee] presiding.
    Present: Representatives Williams, Stauber, Meuser, Alford, 
Finstad, Bresnahan, Downing, Patronis, Scholten, McIver, 
Cisneros, Morrison, Tran, Simon, Olszewski, and Goodlander.
    Chairman WILLIAMS. Good morning, everyone. I now call the 
Committee on Small Business to order. And without objection, 
the Chair is authorized to declare recess of the committee at 
any time. I recognize myself for my opening statement.
    Welcome to today's hearing entitled Securing America's 
Mineral Future: Unlocking the Economic Value Beneath Our Feet. 
Thank you to all our witnesses for joining us today. We 
appreciate you taking time away from your busy businesses to 
participate in today's conversation. So today, we will examine 
how to secure our mineral supply chains against hostile foreign 
adversaries such as the Chinese Communist Party and how 
America's small businesses, national security, and ability to 
create new, innovative technologies rely on these essential 
materials.
    Rare earth minerals and the broader category of critical 
minerals used in the manufacturing process of batteries, 
magnets, computers, and medical devices, to name a few, are 
vital to the functioning of the American economy. 
Unfortunately, far too long, burdensome regulations have made 
the production and refining of rare earth and critical minerals 
difficult in America, contributing to China's dominance in this 
market.
    Now, to combat the CCP's monopoly, President Trump issued 
several executive orders aimed at bolstering domestic mineral 
production and reducing our reliance on foreign adversaries. 
Currently, the Mountain Pass Mine in California is the only 
active mine in the United States that extracts rare earth 
minerals. As a result, approximately 80 percent of the critical 
minerals used in America are supplied from foreign sources. The 
lack of domestic production undermines our national security 
and hinders small business innovation.
    Thankfully, the Trump administration is working to unleash 
American energy production, safeguarding national security and 
allowing American small businesses to compete on a global 
stage. Small businesses are at the forefront of American 
innovation. The enhancement of the defense industry that 
provides our homeland relies on groundbreaking technology often 
developed by small businesses that need rare earth minerals to 
produce.
    I want to thank our witnesses again for their contributions 
to end U.S. reliance on foreign rare earth elements and 
critical minerals. We look forward to your testimony.
    With that, I will yield to the distinguished Ranking Member 
today from the great state of Michigan, Ms. Scholten, for her 
opening remarks.
    Ms. SCHOLTEN. Thank you so much, Mr. Chairman. Thank you to 
our incredible witnesses and thank you for your patience. We 
had a very important caucus meeting this morning. It kept me 
tied up. I am so grateful, Mr. Chairman, that we are holding 
this hearing this morning. Critical minerals are pivotal to our 
nation's clean energy transition and national security. On 
this, we agree there is a lot of common ground. That is why I 
am so grateful that we are having this hearing.
    These minerals are an essential component of our 
smartphones, electric vehicles, and, importantly, military 
hardware. Yet the supply chains for these 50 materials often 
run offshore and through the influence of our adversaries, most 
notably China, as you mentioned. That is why federal policy 
should redirect our critical mineral supply chains through our 
shores and the shores of our allies, not our enemies.
    Every critical mineral is unique. Some, like aluminum, are 
relatively easy to extract and process into usable material. 
Others, like certain rare earth elements, are less concentrated 
in ore. Therefore, they require advanced, complex refinement 
methods that are developed by and accessible to only a handful 
of countries and companies. And crucially, some critical 
minerals just aren't deposited within U.S. territory, meaning 
they can't be mined here. The diversity of these materials, 
their properties, and extraction and refinement techniques 
means that the avenues to onshoring them must be equally 
diverse.
    It is a complex problem, and we need a complex solution to 
make these minerals accessible. In other words, Mr. Chairman, 
we can't only mine our way out of our critical mineral needs. 
The federal government must prioritize and maintain investments 
in recycling, waste recovery, friend shoring, and industrial 
policy if our nation is to reclaim control over our critical 
mineral supplies.
    In particular, I want to mention the invaluable boosts to 
domestic critical mineral sourcing, processing, and component 
manufacturing found in the Infrastructure Investment and Jobs 
Act and the Inflation Reduction Act, two landmark pieces of 
legislation signed under the previous administration. Democrats 
stand ready to defend and expand upon the massive long-term 
investments the federal government has already made in this 
space. We want to make it better.
    I would also be remiss if I didn't highlight the downsides 
of mining when not done properly. When a new mine is opened, 
America gains another source of minerals, yes, but it often 
loses unique pristine land that would have yielded far more 
economic activity and value through tourism, hunting, fishing, 
and other outdoor recreation business. In my family, we are 
avid outdoorsmen and women, year-round anglers. This matters 
deeply to us. Communities near mine often have to contend with 
new large competitors for wastewater resources and pollution of 
what remains with mining waste and byproducts. Sometimes, new 
mines even run roughshod over long-standing treaties and 
agreements with neighboring tribes. It is vital that we, as 
federal policymakers, consider the tradeoffs of expanding 
mining and the harm it can pose to nearby towns, tribes, and 
small businesses.
    It is also important to remember that hard rock mining in 
America is not governed by an outdated law from the 1870s. You 
heard me right. Not the 1970s, but the 1870s. Nearly 150 years 
ago. Long before the concepts of land preservation and 
environmental protection and even consumer automobiles entered 
the mainstream.
    Before we consider any changes to mining regulation, we 
have to reform the underpinning mining law to further balance 
the interests of miners and other industries and make mining 
activities more sustainable for the environment. To ensure that 
we can all continue to use these vital resources on shoring our 
critical mineral supply chain is a complicated issue 
intertwined with many other topics and policy areas. But I have 
trust in this committee, our witnesses here today, and our 
shared commitment to making sure that the vast majority of 
these critical earth minerals are not sourced only through our 
competitor.
    I look forward to the hearing, Mr. Chairman, and I yield 
back.
    Chairman WILLIAMS. Gentlelady yields back. And I will now 
introduce our witnesses.
    Our first witness here with us today is Aaron Dowd. Mr. 
Dowd is the chief executive officer of Rare Earth Salts in 
Beatrice, Nebraska. Mr. Dowd has more than two decades of 
experience leading efforts at the intersection of global 
business strategy, government affairs, and national security. 
Mr. Dowd previously served as chief of staff in the U.S. Senate 
and supported high-level policy work at the Atlantic Council 
and Department of Energy. Mr. Dowd earned a Master's degree in 
Business Administration from Duke, Home of the Blue Devils, 
right, University, and Bachelor's degree in Political Science 
from Marquette University. Thank you for being with us today, 
and we look forward to our conversation.
    Our next witness here with us today is Mr. Harvey Kaye. Mr. 
Kaye is the executive director of U.S. Critical Materials in 
Salt Lake City, Utah. Mr. Kaye has over 45 years experience in 
finance, strategic planning, and executive leadership across 
both public and private companies. Mr. Kaye has served as 
Founder, Chairman, and now Director of Zero Gravity Solutions, 
an agricultural biotechnology firm. Mr. Kaye also held various 
leadership roles at Latitude Solutions, a company specializing 
in water remediation and treatment. He received his Bachelor of 
Science degree in Marketing from Temple University. So we are 
glad you are here today and look forward to your testimony.
    Our next witness is Mr. Ken Mushinski. Mr. Mushinski is the 
President and chief executive officer of Rare Element Resources 
in Sundance, Wyoming. Mr. Mushinski has over 30 years 
experience in corporate development, mergers and acquisitions, 
and regulatory navigation across the mining and nuclear energy 
sectors. Mr. Mushinski previously served as vice president of 
corporate planning and acquisitions for General Atomics 
Technologies Corporation. Mr. Mushinski earned a Master's 
degree in Business Administration and Bachelor's of science in 
Mechanical Engineering from San Diego State University, where 
the Aztecs are. And we appreciate you being here today.
    And I now recognize the Ranking Member Ms. Scholten from 
Michigan to briefly introduce our last witness.
    Ms. SCHOLTEN. Thank you so much, Mr. Chairman.
    Dr. Laura Stoy is an environmental engineer and the founder 
and CEO of Rivalia Chemical, an Illinois startup developing a 
novel method to chemically recover rare earth elements from 
coal ash and other mining waste. Rivalia Chemical patented the 
process and has been working on commercializing it since 2022. 
Additionally, the firm enjoys access to the Argonne National 
Laboratory in Lamont under the Department of Energy's Lab-
Embedded Entrepreneurship Program, LEAP. Previously, Dr. Stoy 
served at the Environmental Protection Agency as a National 
Science Foundation intern fellow. At the EPA, Dr. Stoy worked 
on an environmental assessment of rare earth extraction from 
mining waste, precisely the process that she is developing and 
using now. While at school, Dr. Stoy also helped create an app 
named RocketJudge, which automates judge work for competitions 
such as fashion shows, barbecue festivals, and professional 
conferences. It is safe to say, Mr. Chairman, that Dr. Stoy is 
a serial innovator. Dr. Stoy holds a Bachelor's of Arts degree 
in Chemistry from Vanderbilt University and a Ph.D. in 
environmental engineering from Georgia Tech. Welcome, Dr. Stoy.
    Chairman WILLIAMS. Welcome again to all of you. And then, 
before we begin to recognize the witnesses, we do have a few 
rules around here. Got to go over the rules, all right? And I 
would like to remind all of you that your oral testimony is 
restricted to 5 minutes in length. If you see the light turn 
red in front of you, it means your 5 minutes has concluded, and 
you should wrap up your testimony. If you keep talking, you 
will hear me do this. That is a kind way of saying, quit 
talking. Okay? And so, and also on another note, you 
periodically will recognize or will see some of our panel move 
in and out. That is because we got other hearings going on. It 
has nothing to do with whether you said the right thing or the 
wrong thing. We will be moving in and out, but you will see 
that.
    So with that in mind, I now recognize Mr. Dowd for his 5-
minute opening remarks.

STATEMENTS OF MR. AARON T. DOWD, CHIEF EXECUTIVE OFFICER, RARE 
EARTH SALTS; MR. HARVEY KAYE, EXECUTIVE DIRECTOR, U.S. CRITICAL 
  MATERIALS; MR. KEN MUSHINSKI, PRESIDENT AND CHIEF EXECUTIVE 
  OFFICER, RARE ELEMENT RESOURCES; AND DR. LAURA STOY, PHD., 
     FOUNDER AND CHIEF EXECUTIVE OFFICER, RIVALIA CHEMICAL

       STATEMENT OF AARON T. DOWD, CEO, RARE EARTH SALTS

    Mr. DOWD. Chairman Williams, Congresswoman Scholten, and 
distinguished Members of the committee, thank you for the 
invitation to testify on the critical issue of securing 
America's mineral future. I appear before you today 
representing Rare Earth Salts, a Nebraska-based small business 
at the forefront of addressing one of our nation's challenges.
    The United States confronts an unprecedented threat to our 
economic sovereignty and national security through China's 
control of the rare earth elements supply chain. Rare earths 
are a set of 17 elements in the periodic table that play a 
critical role in our national security, energy independence, 
environmental future, and economic prosperity. These elements 
are far more than mere commodities; they form the backbone of 
modern technological advancements. From powering batteries and 
electric vehicles to enabling medical equipment, military 
systems, smartphones, and wind turbines, rare earths are 
foundational to the innovation driving our technological 
civilization.
    The age of technology is indeed the age of critical 
minerals with vast geopolitical implications. The need for 
securing both domestically sourced rare earth elements and 
domestic rare earth processing infrastructure is vital.
    Today, China controls 90 percent of the global downstream 
rare earth market, impacting the rest of the world's supply 
chain and giving them significant control in restricting 
America's access to materials vital for manufacturing and 
defense capabilities. This was not always the case. From the 
1960s until the 1990s, the U.S., specifically California's 
Mountain Pass mine, led global production. However, China's 
deliberate industrial policy systematically captured market 
control, creating the vulnerable supply chain we face today. 
Though China's dominance in the rare earth market has prompted 
global efforts to find alternative sources and processes to 
produce these critical compounds, producers outside of China 
continue to face formidable challenges, struggling to compete 
with the highly competitive pricing of China's domestic market.
    The challenge extends beyond supply security to economic 
competitiveness. China's current market dominance stems from 
their large-scale use of Solvent Extraction, which were 
developed and implemented in the U.S. in the 1960s. These 
processes require hundreds of separation stages and generate 
excessive chemical waste. Western companies utilizing this 
proven method face higher production costs due to necessary 
environmental and worker protections. This cost differential 
has created a market failure where Western innovation cannot 
compete with Chinese production, despite superior technology 
and environmental stewardship. For small businesses like ours, 
this represents both a challenge and an extraordinary 
opportunity to innovate and lead.
    Founded in 2012 by Dr. Joseph Brewer, Rare Earth Salts 
exemplifies how America's small business innovation can address 
strategic national challenges. Rare Earth Salts addresses the 
global need for a cost-effective, sustainable, and 
environmentally friendly rare earth separation process.
    Prior to developing our proprietary processes, we evaluated 
the strengths and weaknesses of every separation process used 
since the 1940s. That allowed us to invent a revolutionary 
electrochemical process from the ground up based on sound basic 
chemistry. The separation process advancements by Rare Earth 
Salts represent industry-changing solutions demanded by the 
rare earth supply chain to profitably compete with Chinese 
production and maintain a low environmental footprint.
    Rare Earth Salts has been working closely with the U.S. 
government and has received multiple grants and awards for its 
separation technologies from the Department of Defense and the 
Department of Energy. These private-public partnerships 
demonstrate how federal investment in small business innovation 
can yield strategic returns for national security while 
building defense industrial capacity. Rare Earth Salts recently 
received an award from the Department of Defense to increase 
production of heavy rare earth elements, specifically Terbium.
    The rare earth challenge represents more than supply chain 
vulnerability; it is a defining opportunity for American small 
businesses to lead the next generation of critical mineral 
production. Companies like Rare Earth Salts exemplify how 
American innovation can compete globally.
    Supporting domestic innovation in mineral processing can 
help ensure the United States does not merely secure its 
mineral future but leads the world in sustainable, competitive 
production of these essential materials. By supporting small 
businesses developing innovative separation technologies, we 
can reestablish America's leadership in this critical sector.
    Rare Earth Salts stands ready to contribute to America's 
mineral independence. The mission requires collective effort. 
With a robust policy framework that acknowledges the strategic 
importance of domestic critical mineral production, American 
small businesses can help transform this challenge into a 
competitive advantage. The technology is ready. The market need 
is undeniable. The national security imperative is urgent. We 
need to now unlock the economic value beneath our feet and 
secure America's mineral future.
    Chairman Williams, Congresswoman Scholten, and 
distinguished Members of the committee, thank you again for the 
invitation to testify, and I look forward to your questions.
    Chairman WILLIAMS. Thank you.
    I now recognize Mr. Kaye for his 5-minute opening remarks.

  STATEMENT OF HARVEY KAYE, EXECUTIVE DIRECTOR, U.S. CRITICAL 
                            MATERIAL

    Mr. KAYE. Thank you Mr. Chairman and Members of the 
Committee for allowing us to testify today. This is an issue 
that has taken 15 years to come to the point that we are at 
right now. We have all talked about Chinese dominance. It is 
actually 90 or 95 percent dominance in terms of its ability to 
process rare earths. Their concerns about the environment are 
not the same as ours. It is no longer acceptable to spend 20 or 
29 years to get a project online.
    To that end, U.S. Critical Materials controls 339 claims 
covering approximately 11 square miles in a place called Sheep 
Creek, Montana. Montana in the past has been known as the 
Treasure State. Our objective is to make it the Treasure State 
again.
    To that end we have a two-point point of our spear to 
accomplish those goals. First, is the rare earths that 
encompass our deposit have been considered now the highest-
grade rare earths ever found in America, averaging 9 percent 
up. We also have a very robust deposit of gallium. Gallium is a 
mineral, a critical mineral that has 3,800 military 
applications. We now face a geopolitical situation that we are 
all aware of. It is in the front page news. To that end, we 
have expanded a great amount of the critical minerals and rare 
earths required for missiles, for radar, for advanced aircraft, 
the F47, et cetera. We cannot be dependent upon the Chinese to 
be our supply of these materials.
    Therefore our focus and the focus I hope of this committee 
is to assist companies such as ourselves to accomplish those 
goals. What do we need to do that? We need help in accelerating 
permitting. Today, as the congresswoman stated, there is 
regulations that we are dealing with since 1870. Okay? We have 
made an attempt to fix that through Fast-41. Okay? Now, it 
requires cutting the red tape, unchaining the American 
entrepreneurial spirit in order to accomplish the goals. We 
have it here. It should be found in America.
    We also have now entered into a venture with one of the 
prestigious American National labs called Idaho National Lab. 
Dr. Robert Fox is an acknowledged expert in the world of 
developing processes and technologies to process these kinds of 
minerals. We did a full-court press with them, and at the end 
of a year, they have accomplished the goal of setting forth the 
flow diagrams and the methodology for a process that we call an 
electrochemical membrane reactor. It is environmentally 
conscious. It has the ability to process rare earths in an 
efficient environmental manner.
    To that end, therefore, we are working very hard to 
cooperate with the government. This committee can help us and 
the entire industry enormously. We need to do what we did with 
Sputnik. We need to do what we did with the Manhattan Project. 
This country can no longer have the Chinese knee on our neck. 
Therefore, as a group, we need to work together, government-
private partnerships. And what is required? What is required is 
help in permitting. What is required is for us to establish a 
permanent market for the offtake so the Chinese can no longer 
utilize price manipulation to hurt our domestic marketplace. 
And we need to work together as a team in order to make the 
United States critically mineral independent and sovereign 
again. And so with that, I yield with 22 seconds left.
    Chairman WILLIAMS. You are going to go far in this company. 
Thank you for the testimony.
    I now recognize Mr. Mushinski for his 5-minute opening 
remarks.

  STATEMENT OF KEN MUSHINSKI, PRESIDENT AND CEO, RARE ELEMENT 
                           RESOURCES

    Mr. MUSHINSKI. Chairman Williams, Ranking Member Scholten, 
and esteemed Members of the committee, thank you for the 
opportunity to address this committee on issues of vital 
importance to this nation-securing critical minerals and, in my 
case specifically, rare earths, for our National defense and 
high-tech industries and supporting small businesses in meeting 
that need.
    RAR is a publicly traded company with a critical rare earth 
deposit and state-of-the-art innovative rare earth processing 
and separation demonstration plant in Wyoming. We have invested 
over $170 million in developing our USGS-recognized world-class 
rare-earth deposit and proprietary separation technology.
    I know you are all well-versed in why rare earths are 
critical components in our modern technology, essentially, in 
everything from smartphones, electric vehicles, wind turbines, 
and defense systems. Our rare earth elements are enablers to 
the evolution of our high-tech world and vital to our American 
defense system.
    It is also widely known that China dominates the rare earth 
industry and is taking deliberate action to control the entire 
processing and manufacturing supply chains where rare earths 
are utilized for downstream products. This has created an 
untenable National and economic scenario. Chinese dominance and 
manipulation of the rare earth extraction, processing and 
separation, and permanent magnet production is an existential 
risk to our modern world. Further, this dominance allows China 
to influence global prices, making it risky for competitors to 
invest.
    Small businesses like RER have unique technologies and the 
potential to innovate and contribute to domesticating the rare 
supply chain from mine to magnets. However, our small companies 
face challenges that have distinct needs and must be addressed 
to ensure a sustainable domestic rare earth supply chain.
    As an example of the obstacles faced by RER, we have 
completed our resource confirmation and commenced the arduous 
NEPA permitting of the Bear Lodge Project in 2011. We spent 
over $30 million and many years progressing that effort, an 
effort that was ultimately derailed through Chinese market 
manipulation whereby rare earths supplied by the Chinese 
flooded the market, and prices bottomed out. As a result, RER's 
access to capital quickly disappeared and, ultimately, 
resulting in cessation of operation and almost bankrupting our 
company.
    Realizing we could not compete with predatory Chinese 
market dominance, RER, in conjunction with its now majority 
shareholder and affiliate of General Atomics, pivoted to 
proving our novel and proprietary rare earth material 
separation technology so that we and potentially other domestic 
rare earth companies would not be reliant on China to 
economically and efficiently separate the rare earth 
concentrates produced here in the United States. Our goal is to 
compete with China in rare earth production and also create a 
path for processing and separation that is economically and 
environmentally superior--adhering to all U.S. Environmental 
regulations while supplanting the environmentally detrimental 
and costly steps in conventional Chinese technology.
    With that challenge in front of us, RER, with partial 
funding from the Department of Energy and the state of Wyoming, 
have constructed and will soon begin operating our over $66 
million demonstration plant that is intended to prove our 
separation technology on an industrial scale. Even with the 
expected success from this plant's operation, without 
additional support from the government, RER and other 
innovative small businesses face monumental hurdles. 
Specifically, access to capital requires a certain level of 
market stability that is thwarted by Chinese ability to 
manipulate the rare earth market.
    Small businesses like RER, unfortunately, find themselves 
in a paradox whereby investors and potential industry supply 
chain partners require certainty in the markets, and yet this 
is not possible with the ongoing threat of Chinese market 
interference.
    We believe addressing this nascent market's unique 
challenges, especially for small and innovative businesses, 
requires a multifaceted approach to market stabilization. RER 
encourages Congress to pursue policies and support funding to 
support small businesses that are innovating and progressing a 
secure domestic rare supply chain, including government 
purchasing to establish strategic stockpiles as potentially 
envisioned, but with the $2.5 billion critical minerals 
included in the recently passed reconciliation package, 
government grants to unlock industry innovation, government 
incentives and guarantees to encourage private investment in 
loans and permitting reform to bring surety to project 
timeliness.
    We believe these types of initiatives will remove the 
significant market obstacles and barriers to progress for small 
businesses engaged in rare supply chain so that collectively, 
we can become a solution to a very real and present danger to 
our nation's defense and high-tech industries.
    I am honored to be here today to share with you RER's 
unique experience as a small business in the rare earth 
industry, and I look forward to addressing your questions. 
Thank you very much.
    Chairman WILLIAMS. Gentleman yields back.
    And now recognize Dr. Stoy for her 5-minute opening 
remarks.

 STATEMENT OF LAURA STOY, FOUNDER AND CEO, RIVALIA CHEMICAL CO.

    Ms. STOY. Chairman Williams, esteemed Member Scholten, 
Members of the committee, thank you so much for the opportunity 
to speak today. It is an honor to discuss this issue that is 
critical to the future of U.S. mining and materials, securing 
our critical mineral supply chains for national defense, 
technological innovation, and manufacturing strength.
    My name is Dr. Laura Stoy, and I am the CEO and founder of 
Rivalia Chemical Company. At Rivalia, we are pioneering new 
chemical extraction technologies to cover valuable rare earth 
elements from industrial wastes, including coal fly ash and 
other coal combustion byproducts, phosphogypsum, acid mine 
drainage, and mine tailings. Our patent-pending process 
extracts rare earths from these materials and separates them 
from their major elements in a single step. A significant 
challenge in traditional mining processing for rare earths. 
Using this method and by using wastes, we can avoid the 
environmental and economic costs of mining while minimizing 
hazardous waste generation.
    The U.S. has approximately 2 million metric tons of rare 
earths and reserves. However, there is far more locked in our 
waste materials. Researchers at UT Austin estimate that there 
are 11 million metric tons of rare earths and coal ash alone. 
Oak Ridge National Lab found millions of tons of rare earths in 
phosphogypsum. Duke University did research that found that 
abandoned mine drainage releases 500 to 3,400 tons of rare 
earths annually through acid mine drainage. These waste streams 
are often overlooked, but they present an opportunity to both 
recover rare earths and remediate environmental damage in local 
communities.
    There are currently no companies producing rare earths from 
waste at scale in the U.S. right now, though I will note to 
this committee that there are many small businesses and 
startups addressing this opportunity space.
    Rivalia's focus is on mining rare earths from waste, but I 
want to emphasize that it is likely that this is just one 
component of a broader rare earth element supply chain along 
with traditional mining. Building a broader, more diverse 
supply chain for rare earths will make our system overall more 
resilient to disruption and manipulation by our adversaries.
    To achieve supply chain stabilization, the U.S. can't only 
mine. We can't mine our way out of this. We also need to 
separate, find, materialize, and produce the finished 
products--the permanent magnets.
    China's dominance in rare earths comes from its control 
over this entire supply chain, which includes processing 
minerals both from its own mines and from international 
partners. To compete globally, U.S. rare earth producers must 
have robust midstream processing. This requires a skilled 
workforce, innovation, and efforts to derisk the market for 
private investors, especially given the price volatility caused 
by China's outsized market influence. Our market also must be 
cost competitive. China has subsidized their supply chains, 
enabling their businesses to offer products at significantly 
lower costs. Competing with that will require American 
ingenuity and innovation to lower our production costs and make 
U.S. rare earths attractive to both customers and investors.
    I founded Rivalia after completing my PhD in environmental 
engineering at Georgia Tech, where I was fortunate enough to 
receive both government and private funding, the National 
Science Foundation's Graduate Research Fellowship, as well as 
funding from Georgia Power, one of the major utilities in the 
Southeast. This funding allowed me to develop the core 
technology behind Rivalia.
    Since then, we participated in TechStars, a prestigious 
startup accelerator which included raising venture capital. 
This also allowed us to secure a future pilot with Southern 
Company. We have also raised non-dilutive funding through the 
National Science Foundation's SBIR program, which is helping us 
to de-risk our technology and validate it with other materials. 
We also have obtained funding through the Department of Energy 
EnergyWerx Vouchers Program as well as the Department of Energy 
Lab-Embedded Entrepreneurship Program called LEAP. And through 
that, we have gained access to critical expertise and 
facilities at Argonne National Lab. This support has been 
crucial to scaling our technology and positioning it for high 
market impact.
    For hard tech startups like Rivalia and my colleagues here, 
government funding is essential. It provides early-stage 
capital that is needed for high-risk project with immense 
potential but limited investor interest. Government funding 
acts as a third-party validation, attracting private capital 
and allowing us to make tangible progress on critical 
milestones. Hard tech ventures require significant upfront 
capital from prototyping, testing, and compliance, and without 
government support, companies like ours would face much greater 
challenges in bringing new game-changing technologies to 
market.
    The U.S. is at a critical juncture in securing its mineral 
future. We need to embrace innovation, leverage public and 
private funding, and develop new technologies to ensure a 
robust and diverse critical supply chain here. Government 
support for startups like Rivalia are essential for maintaining 
U.S. leadership and technology, national security, and economic 
competitive--competitiveness.
    Thank you, and I look forward to your questions.
    Chairman WILLIAMS. Gentlelady yields back. We will now move 
to the Member questions under the 5-minute rule, and I will 
recognize myself for 5 minutes.
    Throughout the Biden and Harris administration, the 
government has burdened small businesses with endless 
regulatory red tape. These regulations have slowed business-
building projects and mining efforts. And I think we can all 
agree that we should get the government out of the way to let 
small businesses do what they do best. Now, Mr. Kaye, can you 
provide us with some examples of how the government has stood 
in your way?
    Mr. KAYE. We have had these claims for better than 35 
years. They--our approach is to do this with a great amount of 
environmental consciousness. Therefore, we deal with the U.S. 
Forest Service. The response many times is slow to get back. 
There has been a great amount of progress, however, recently 
with the advent of Fast-41. We have filed an application for 
that. And what it does is it holds the various agencies that 
are responsible for approvals to a very strict timetable.
    Our plan is to be able to extract from our deposit 
literally this year, to be able to, in effect, stand on the 
steps of the White House and or Congress with a bag of gallium 
rare earths that were found in Montana, processed with American 
technology, and available for the defense of this country and 
indeed the free world. So it is starting to change. And we are 
seeing the effect of that because there is now a recognition 
that there is an issue, and we can't wait 15 or 20 years to 
bring a deposit online. So we feel that things are getting much 
better, and for that, we are grateful.
    Chairman WILLIAMS. Good. Let's book that date, okay?
    Mr. KAYE. Yep.
    Chairman WILLIAMS. Domestic mining of rare earth elements 
and critical minerals faces numerous challenges, and one of 
which is that America has few known large deposits of pure rare 
earth elements. Despite these challenges, the United States is 
well positioned to quickly build its rare earth refining 
capacity. So, Mr. Dowd, can you please explain the innovative 
approach your company has taken in the refining process and 
what impact those innovations have on the entire mining 
industry?
    Mr. DOWD. Thank you, Sir. We believe the enormous demand 
for non-Chinese rare earth supply will only be met with the 
reimagining of innovative, nontraditional clean separation 
technologies. Our processes have a significant advantage over 
existing separation technologies in an industry that has not 
seen much viable refining innovation in more than three-
quarters of a century. Our technology significantly reduces the 
cost of producing rare earths from concentrate, be it from 
recycled material, rare earth elements, specific mining 
operations, or as a byproduct of a mining operation. Our 
patented processed capital expenditure and operating expense 
are highly cost-competitive versus traditional rare earths 
refining. Our processing time from concentrate to first 
finished products is days with very limited separation steps 
versus months and dozens of steps with solvent extraction. Rare 
Earth Salts provides an immediate opportunity to reestablish 
domestic commercial production. The capability of our 
technologies has been thoroughly validated.
    Chairman WILLIAMS. Okay, thank you. And now, quickly in the 
time I have got left, rare earth mining extraction is a heavily 
regulated industry that we have talked about today. Well, rare 
earth mines must comply with a substantial number of 
regulations intended for traditional mines. Rare earth mines 
also must navigate Nuclear Regulatory Commission requirements. 
So Mr. Mushinski, how is your business dealing with this 
complicated web of regulations? How can it be simplified?
    Mr. MUSHINSKI. Thank you, Mr. Chairman. We do have a NRC 
possession license because as with most REE ore, it does have 
some naturally occurring thorium and uranium in it. So, we do 
have a license. That was quite a detailed and lengthy process. 
They, the NRC, did their own environmental assessment in 
addition to what is required by the EPA for a mine. It was 
costly, expensive and took a significant amount of time. We do 
have that license. That license is valid through 2027. However, 
we, like others, have a deposit that is on National Forest 
Service. We also have invested and had various meetings with 
the permitting council and are progressing toward Fast-41 
permitting of our mine. That (Fast-41) is a much welcome 
improvement to the permitting process, and I will admit it is 
not a Trump administration policy, it is a previous 
administration that started Fast-41, but it is this 
administration that has advanced it into the mining sector. And 
we are very appreciative of that, and that is looked at as 
being helpful to our processing.
    Chairman WILLIAMS. Gentleman yields back.
    I now recognize the Ranking Member for her 5 minutes of 
questioning.
    Ms. SCHOLTEN. Thank you, Mr. Chairman. Dr. Stoy, I am 
wondering if you could just start out and elaborate on the 
recovery process Rivalia is developing. Talk to us about how 
you are getting these minerals out of waste.
    Ms. STOY. Absolutely. Thank you so much for the question. 
So Rivalia's patent pending technology employs a recyclable 
ionic liquid in a closed-loop process that selectively extracts 
rare earths from the starting material. So again, this starting 
material might be coal ash, bauxite residue, phosphogypsum, 
mining tailings, acid mine drainage magnets, for really any 
rare earth element-rich waste is in our realm. So, we have some 
physical separation processes optimized to isolate higher rare 
earth element contained fractions within the original material. 
This helps improve our downstream efficiency. And depending on 
the material we also might have some chemical pretty treatment 
steps.
    But our core innovation is that our method both extracts 
the rare earths from the starting material and does the 
separation from the bulk in one single step. We use this 
using--or we do this using proprietary chemistry to selectively 
bind with the rare earths while leaving most of the elements 
behind. This approach achieves higher selectivity than 
conventional acid leaching methods, reducing chemical 
consumption and waste generation. Following extraction, the 
chemical chemicals are recovered and recycled through the 
system, so they are ready for reuse, while the residuals are 
conditioned for beneficial use applications.
    We generate two valuable rare earth element product 
streams. Scandium oxide product, which is a valuable rare earth 
used in solid oxide fuel cells, high-performance aluminum 
alloys, and specialized lighting applications. Second, we 
produce a mixed rare earth element concentrate containing 
multiple elements, including neodymium, cerium, lanthanum, 
terbium, europium, yttrium. All of these have significant roles 
in different applications that we have talked about already.
    Ms. SCHOLTEN. Thank you. For my second question and 
sticking with you, Dr. Stoy, how much of the rare earth in 
existing products currently are we recycling?
    Ms. STOY. Thank you for the question. To my knowledge, 
there is very limited recycling of rare earths in the U.S. I 
don't know of any companies doing this at scale right now. For 
some products, it is fundamentally challenging to extract rare 
earths from them. You know, consider consumer electronics, you 
know, your cell phone, your laptop is not designed to easily 
pull the rare earth elements out. You also have to collect them 
from the consumers. And that is not trivial. This is the same 
for EV motors. Permanent magnets in the motors will need to 
recover those. Industrial wastes don't have that kind of 
spatial distribution issue. In that way, they are almost more 
like a mine. But there is no one really recycling rare earths 
at this time.
    Ms. SCHOLTEN. So, as a follow-up to that, can you describe 
the potential for recycling to add to the rare earths supply 
that we have here?
    Ms. STOY. Yeah, absolutely.
    Ms. SCHOLTEN. And be as specific as you can. I know it is 
not currently being done, so it is hard to sort of, you know, 
get into specifics. But in terms of percentages.
    Ms. STOY. Yeah, there is a lot of potential here. It is 
hard to quantify and be forward-looking here. There is a 
researcher at Ames National Lab in Iowa, Dr. Kenneth Nlebedim, 
and one of the things he suggested was in the next 10 years, 
more than 25 percent of the demand for rare earths could come 
from recycling efforts.
    Ms. SCHOLTEN. Okay, very good. I agree with your comments 
about, you know, the pressing nature of this problem requiring 
a bit of an all of the above approach. Traditional mining, as 
well as recycling. How would you characterize added returns 
created by new mines individually, but as well as opposed to 
recycling or in contrast to recycling?
    Ms. STOY. Yeah, I think all of the above is really the 
answer here. You know, we, right now, we have one active mine. 
Would it be helpful if we had more? I can imagine so, but it is 
hard to say, right? Is five new mines the new--is the right 
answer. 50? 500? At a certain point, we do reach diminishing 
returns. Frankly, you know, what all of these minds do really 
need is refining. And I know some of my colleagues here are 
talking about integrating that into their processes. And that 
midstream or refining, in my opinion, is much more important 
and a higher priority than opening a new mine. Because if we 
don't have that refining capacity, we are sending our 
concentrate abroad for refining. And 99 percent of the time, 
that is going to be in China. We don't have--we won't have--you 
know, we could have dozens of mines, but if we are still 
sending the concentrate abroad, we haven't solved the problem.
    Ms. SCHOLTEN. Okay, thank you. Very enlightening. I yield 
back.
    Chairman WILLIAMS. Gentlelady yields back. I now recognize 
Mr. Stauber from the great state of Minnesota for 5 minutes.
    Mr. STAUBER. Thank you very much, Mr. Chair. The 
development of America's abundance of resources is critical, 
and rare earth minerals are of deep importance to me in my 
district. The Minnesota's 8th Congressional District holds the 
biggest untapped copper-nickel find in the world. The previous 
administration banned 224,000 acres of it and took two leases 
away from a mining company that they had since 1966. Just last 
week, Talon Metals in Tamarack, Minnesota, brought an 
exploratory drill section: 28 percent nickel. The highest in 
the world. I don't know if you all knew that. Talon Metals, 
Northeastern Minnesota, drill hole, 28 percent nickel. Nowhere 
in the world can we do that? Northeastern Minnesota is ready, 
able, and willing to deliver these critical minerals to this 
great nation for our strategic national security.
    I sit on the Natural Resources Committee. There was a 
Democrat witness when we were talking about mining. I said to 
her, I said, ``You say it is too wet in Minnesota to mine. It 
is too dry in Arizona to mine. Where would you like us to 
mine?'' And her answer, she said it out loud, ``Nowhere.'' We 
have an anti-mining political agenda in this nation that is 
crippling our security, our strategic national security. 
Northeastern Minnesota mines the iron ore that makes 82 percent 
of this nation's steel that helped us win two world wars. And 
we continuously have to battle for these good union jobs in 
this town. The prior administration was the most anti-mining 
administration in the history of this country.
    We will follow all environmental and labor standards. Allow 
us to do so. And when we do that, we will bring the economic 
engine to our communities. We will bring good-paying jobs to 
the iron range of Northern Minnesota, which jobs start at 
$90,000 a year without overtime, health benefits, et cetera. 
The median household income for the district that I represent 
is under $74,000. One mining job can make up for that. This is 
how important domestic mining is to our nation, to our 
strategic national security, to our economy.
    And, ma'am, you are right. Recycling is part of it. That is 
part of the concern. And bring it on. But we are--the demand is 
so much more right now.
    There are 17 rare earth minerals, right? China just stopped 
selling six of their critical rare earth minerals to the world. 
15 of the 19 industrial mines in the Congo are owned by the 
Chinese communist party, who use child slave labor. We can't 
accept that anymore. We should never enter into a memorandum of 
understanding with the communist country of China for our rare 
earths. Never. Yet the past administration did.
    We have the opportunity to mine in this country. We can 
mine in Minnesota. We can mine in Alaska. We can mine in Utah. 
We can mine in Nevada. We can mine in California. We can mine 
in Washington. We can mine in Pennsylvania. And the list goes 
on and on. We have to have the political will to do it. It will 
be an economic boom for our communities. The jobs. What an 
opportunity do we have? Let's not miss it. And it starts with 
all of us understanding the importance of mining and the value 
that it can bring to our economy and our strategic national 
security, the state of Minnesota, and Northeastern Minnesota. I 
want you to understand the iron range and the Duluth complex, 
which is the copper, nickel, and cobalt--we have the 
opportunity to bring it to the nation.
    I am so proud of each and every one of you here to talk 
about this opportunity. Mr. Chair, we cannot miss this 
opportunity. Our nation is depending on it. Our small 
businesses are depending on it. Our strategic national security 
is depending on it, and our communities and our minors need it. 
And I yield back.
    Chairman WILLIAMS. Gentleman yields back. I now recognize 
Ms. McIver from the great state of New Jersey for 5 minutes.
    Ms. MCIVER. Thank you. Thank you, Mr. Chairman, and thank 
you to our Ranking Member for convening this hearing today. I 
want to thank each witness for being here today with us.
    Critical minerals are the foundation of our national 
security and economic resilience. And we must ensure that 
Congress supports the responsible development, processing, and 
reuse of these essential resources. Small businesses, from 
clean technology startups to equipment manufacturers to 
recycling innovators, are the engine of American creativity. 
They must be at the center of any National critical mineral 
strategy. That means leveling the playing field, ensuring fair 
access to capital, and providing consistent federal support to 
help them compete with larger and often state-subsidized global 
players. We must continue to build on the historic investments 
made through the Bipartisan Infrastructure Law and the 
Inflation Reduction Act, not roll them back. These programs 
support responsible development, promote environmental 
innovation, and empower the small businesses driving the next 
generation of American innovation. America's energy future, 
security, and economic leadership depend on it.
    I have two questions, and these are both for Dr. Stoy. Some 
of my colleagues from across the aisle argued that repealing 
clean energy investments made under the Bipartisan 
Infrastructure Law and Inflation Reduction Act will save money 
for our nation and its small business owners. Can you speak 
about how repealing the investments made under these laws will 
cost us in the critical mineral--minerals industry?
    Ms. STOY. Absolutely. Thank you so much for the question. I 
will say I am not an expert on the Inflation Reduction Act. But 
my understanding is that, you know, as we seek to build out the 
entire supply chain in the U.S. as we seek to, you know, 
bolster manufacturing, we need to have incentives all the way 
down the line, especially given that we are dealing with a non-
market player. The IRA includes many provisions that help 
bolster that. And if we cripple the end of the process by 
removing customer-consumer incentives, we are terminating the 
line. And ultimately, what that means is that our products will 
not end up being sold in the U.S. They won't end up being 
refined in the U.S. They will go abroad.
    Ms. MCIVER. Thank you for that. Given how far behind we 
already are in securing critical mineral supply chains, 
wouldn't further funding rollbacks be a national security risk, 
in your opinion?
    Ms. STOY. Yes, I would agree with that.
    Ms. MCIVER. Thank you. With that, I yield back.
    Mr. MEUSER. [Presiding.] Gentlelady Yields back. I now 
recognize myself for 5 minutes.
    Folks, we have got a very serious discussion here. I think 
Mr. Kaye brought that out very well initially, and it is 
certainly being repeated over and over. So we got to figure out 
what we can do about it. Something tells me you all have some 
good ideas and perhaps a written plan, white paper, on what, 
not just what we need to do over the next 10 years, but even 
over the next 2 or 3 immediately, right? We have one mining 
company of rare earths elements in the United States, MP in 
Southern California, one processing refinery, I believe owned 
by MP. Now, China provides 70 percent of the world's rare 
earths. What are we doing, right? So this is a very important 
meeting, and hopefully, this is just the beginning.
    I have a bill, and frankly, looking at it now, I think this 
just scratches the surface offering for rare earth elements 
production, tax credits $9 within a ton--on a ton of coal for 
refuse, $20 per kg on REEs extracted and sold from coal, $3 tax 
credit per barrel on brine water that we are about to introduce 
and et cetera, a couple of others. Now, I am not sure that is 
going to do the trick. It might be a step in the right 
direction. Mr. Kaye, what are your thoughts on some of my 
comments here?
    Mr. KAYE. I think you hit the nail on the head. It goes 
this way. 15 years it has taken for us to do nothing while the 
Chinese have dominated. They and their government have been 
extremely supportive of their ability to create world dominance 
in this. And it was part of a strategy because they think in 
that context.
    The first thing we need to think about is creating a 
stockpile. Why a stockpile? If we have a strategic oil reserve, 
then we need to have a strategic critical mineral reserve. What 
we intend to do, just to comment on it, is we intend to deliver 
a reasonable amount of gallium by the end of this year. That 
means that we will stockpile the other rare earths, perhaps on 
a military base, which is part of an executive order that said 
let's use the Pentagon, let's use military bases. We are in 
discussions regarding a project such as that today.
    Secondly, with a little bit of government support that 
Idaho National Labs has agreed that they can cut a year off the 
development of the plant that we are putting online. That will 
be a full-blown demonstration plant, at least 2 tons a day, and 
we can start delivering actual rare earths to our Defense 
Department, to various other. They talk about the Stargate 
project. We have allocated $500 billion artificial 
intelligence, medical applications. Nobody has ever talked 
about medical. Well, guess what? You can't have diagnostic 
equipment. You can't have the new technologies that are coming 
out without rare earths.
    Mr. MEUSER. So let's hear now, Mr. Mushinski, I am going to 
ask you on the type of tax credits, incentives, and regulatory 
reform, some of your thoughts on what we need to do to 
springboard and blast off, if you will, or at least get off the 
ground.
    Mr. MUSHINSKI. Thank you, Congressman. For me and for RER, 
and I assume the other businesses here, it is market stability 
that is important. We have tried to start up businesses before, 
and the Chinese are very aware. The Chinese are very smart 
people. They can flood the market and deplete prices and drive 
us out of business. You will recall that even MP, Mountain 
Pass, at the time, was driven into bankruptcy by that exact 
point. So, I agree a strategic stockpile is important. This is 
a nascent industry in the United States, and the companies 
here, mine included, need a foothold. We are not looking for 
the government to give us a complete handout. We need a 
foothold so that we can get investors. So that we can have 
bankable contracts. So that we can go to capital markets and 
have a business plan that they don't have to be concerned about 
market manipulation.
    Mr. MEUSER. All right, quickly, Ms. Stoy, do you agree?
    Ms. STOY. Yes, absolutely. The thing that I talk to when I 
talk to investors is they say, well, what about China? What 
about the market? Like for me to deliver a 5-year financial 
plan, I need to have pricing information, and we have an opaque 
market with non-market players on non-exchange traded metals.
    Mr. MEUSER. Well, as I opened with, this is very, very 
important. Perhaps rather than call it the Manhattan Project, 
as I am from Pennsylvania, we will call it something other, 
maybe the Pennsylvania Project. But we look forward to 
continued conversations very much so. Thank you. I yield back.
    I now recognize Mr. Tran from California for 5 minutes.
    Mr. TRAN. Thank you so much, Chairman. Welcome, witnesses. 
Thank you for being here. Dr. Stoy, in 2024, the Select 
Committee on China released a bipartisan report revealing that 
the Chinese communist government supplies over 50 percent of 
the U.S. demand for 24 critical minerals, including 90 percent 
of rare earth elements. The report also emphasized that 
advanced recycling technologies offer a scalable solution to 
strengthen the domestic supply chain for these minerals and 
reduce our reliance on China. However, the Trump administration 
has reduced staffing in the Department of Energy's loan and R&D 
programs, the various resources needed to help reduce U.S. 
dependence on China for critical minerals. In fact, over 77 
billion in funding at the Department of Energy remains frozen. 
How does that affect their capacity to invest and award 
contracts to businesses like yours, Dr. Stoy?
    Ms. STOY. Thank you so much for the question. This is 
something that I think about very often is how, you know, to 
fund, you know, the--the projects that we will be building, the 
projects that we will be financing. These will take high 
amounts of capital. The Department of Energy has been 
instrumental in putting together different loan offices, 
different programs for startups like mine and many others. 
Without staff at these agencies, they are not able to do their 
jobs. They are not able to evaluate loans. It is a huge problem 
for me, especially as I go out to investors, to say, here is my 
plan for building a facility. You know, I am going to use this 
contracting agency, this loan office. If they are not 
considered reliable, then my plan is no longer reliable. Thank 
you.
    Mr. TRAN. And are you concerned that these cuts would cede 
America's global STEM leadership to the PRC?
    Ms. STOY. Absolutely. I mean, one thing I also think about 
a lot is the training that comes from loans just like these. 
You know, China has, I think, 80 universities dedicated to 
mineral processing and mining. We don't have any. You know, if 
we are serious about building talent, the talent that we need 
to run our businesses, we need to have those funding agencies 
in place.
    Mr. TRAN. Yeah. In fact, President Trump's proposed cutting 
of the National Science Foundation staff by half and reducing 
its grants awards, which would threaten the agency's ability to 
fund critical R&D nationwide and further advantage the PRC's 
technological competition with the U.S.
    Mr. Chairman, I asked for unanimous consent to insert an 
R&D World article about the impacts of the proposal and 
existing Trump cuts into the record.
    Chairman WILLIAMS. So moved.
    Mr. TRAN. Thank you.
    Next question goes to Mr. Dowd. In September 2024, your 
company received a 4.2 million contract from the Department of 
Defense to expand domestic production of rare earth element 
terbium, one of the most difficult to obtain rare earth 
elements from recycled fluorescent light bulbs. Can you explain 
how important government contract like this one are to your 
business?
    Mr. DOWD. Yeah, absolutely. You know, when we talk about 
government support and kind of step back, big picture, you 
know, 35 years ago, the leader of China said that rare earths 
are going to be to China what oil is to the Middle East. And 
that is before this electrified world that we live in today, 
right? And so the government of China really instigated a 
deliberate industrial policy to systematically capture this 
market and the U.S. and the rest of the world now have to turn 
on all across the supply chain, mine to metal, so that we are 
no longer reliant upon China for the sources of material in any 
way. And that is not going to happen overnight. Obviously, that 
is going to take a decade or two or more. That is exactly what 
China has done. But it really needs necessary long-term policy 
that will transcend administrations, Republican and Democrat.
    And specifically to us, terbium is only otherwise produced 
in China. We are the only other company in the world producing 
terbium. The Department of Defense award allowed us to be able 
to scale up and produce what is necessary for military 
applications, for the U.S. government in the defense sector.
    Mr. TRAN. That is amazing. And you would agree that it is 
important for us to continue federal investments in promoting 
recycling and a circular economy for these critical minerals, 
yes?
    Mr. DOWD. I think turning on mining, recycling all sources 
of material is vital for the future of the country.
    Mr. TRAN. Thank you so much, Mr. Chairman. I yield back.
    Chairman WILLIAMS. The gentleman yields back.
    I now recognize Mr. Finstad from the great state of 
Minnesota for 5 minutes.
    Mr. FINSTAD. Thank you, Chairman Williams. Thank you for 
holding this important hearing today, and thank you to the 
witnesses for being here. As a Member of this Committee and 
then also on the House Armed Services Committee, I am excited 
to have you here today to discuss the important role critical 
minerals play in our national security interests and our 
overall economy in this country.
    The state of Minnesota is home to a large majority of our 
nation's domestic critical mineral reserves, including nickel, 
cobalt, platinum, and copper. And after hearing Congressman 
Stauber's comments, I used to think his roads were paved in 
gold, but I guess they are going to be paved in nickel here now 
soon up in Northern Minnesota. Those Minnesota grown companies 
have been unable to renew their federal leases due to both the 
Obama and Biden administrations pulling the rug out from 
underneath them and putting up roadblocks.
    So, with that being said, Mr. Kaye, the United States has 
the strictest environmental and labor standards in the world, 
yet we have become reliant on China and other adversarial 
nations to control a large majority of the world's global 
supply chain. In your experience, what environmental and labor 
standards do these countries have in place for their 
operations?
    Mr. KAYE. They are very supportive of their homegrown 
industries and China particularly has been extremely robust in 
making it easy for it to happen. I believe that now it is an 
all-hands-on-deck approach for this. It is regulatory, it is, 
as my colleagues have said, support for the offtake agreements. 
We are in discussions with multiple country companies both in 
the defense industry and the automotive industry for supply 
even if it takes 3, 4, 5 years to come on stream.
    So what we would need is, as everyone has said, we need 
support so that China cannot manipulate the price. We need fast 
tracking to permit. Even Mountain Pass is partially owned by 
the Chinese. Even some of their concentrate is shipped to China 
to be processed. That can't be good.
    So it is, I believe, public-private partnerships. I believe 
it is regulatory relief. You know, as one of my colleagues 
said, unchain us and let American entrepreneurialship, let us 
do what we know how to do. And it is always now with an 
environmental concern because the environment is sensitive. But 
the pendulum has switched too far to that side. It can't take 
29 years.
    Mr. FINSTAD. So, Mr. Kaye, just as a follow up, just to be 
very clear, so our strictest in the world environmental 
standards, our state-of-the-art best that can be labor 
standards in this country, China isn't competing at that same 
level, correct?
    Mr. KAYE. Absolutely not.
    Mr. FINSTAD. Okay. So to my colleagues here, I mean, I 
guess the question we have to ask ourselves, are we content 
putting our head in the sand and pretending that they are 
playing by the same rules? And the answer is no. And so it is 
incumbent upon us and our government to do better in this area.
    I would like to move on to Mr. Dowd. My constituents would 
rather rely on our neighbors in northern Minnesota, heck, even 
Nebraska, to extract and refine these minerals for our domestic 
supply chain. We trust our neighbors. We can have a healthy 
discussion about environmental standards, labor standards, and 
then we can, through our government and through our policy and 
through our process, make sure those standards are met. And we 
can do that face to face, neighbor to neighbor.
    Given your experience operating and innovating in this 
space, what are the biggest challenges preventing American 
companies right now from leading the world in critical mineral 
development? And a lot of times we in this Committee, you know, 
people will come and say, well, it is the regulations or it is 
this or it is that. If you were to leave here today and say, I 
got this off my chest, here is the four or five things that 
this Committee and this Congress can help us do, what is it?
    Mr. DOWD. Thank you, sir. You know, it is, as I said 
earlier, China, 35 years ago, said that rare earths are to 
China what oil is to the Middle East, and that is before this 
electrified world we live in today. We are literally in the 
infancy of this industry. It was referenced, perhaps a 
Rockefeller moment, where this is oil 100 years ago. I think 
that is absolutely to be true.
    China controls this industry, one, because they made it a 
deliberate policy, but, two, the Chinese government subsidizes 
the industry, so there is no ability for this country to be 
able to compete on level ground if our government is not also 
part of that equation.
    Mr. FINSTAD. My time is up here. I would just say this, we 
are ripe for critical minerals permitting reform 2.0 in our 
country. Let's reimagine the next 50 years and not try to fix 
broken policies of the last hundred.
    Chairman WILLIAMS. The gentleman's time is up.
    Mr. FINSTAD. I yield back.
    Chairman WILLIAMS. The gentleman yields back.
    I now recognize Mr. Olszewski from the great state of 
Maryland for 5 minutes.
    Mr. OLSZEWSKI. Thank you very much, Mr. Chairman. Thank you 
to our witnesses for joining us today. I appreciate the 
opportunity to discuss America's economic and technological 
growth alongside the need for a stable supply of critical 
minerals.
    In addition to my service here, I am honored to serve on 
the House Foreign Affairs Committee and in the Africa 
Subcommittee in particular, where we have recently also 
discussed the need to support Africa's critical mineral sector 
as a driver for economic growth. We know that this conversation 
must also include conversations about support for families, 
children, and local communities. These are groups that are 
often exploited through forced labor and small-scale informal 
mines across the continent, often in deadly work environments.
    So I am concerned both about the action of this 
administration working to dismantle the National Institute of 
Occupational Health and Safety in terms of our own safety in 
that work here in America. I also know that we are currently 
facing a fairly chaotic landscape from a President who has 
unilaterally enacted tariffs on nearly every import from every 
country. These tariffs affect 35 of the 50 critical minerals 
that we discussed today, which raises prices for American 
businesses and consumers and causes higher prices for mining 
and for refinery equipment.
    The reality is that this is an important conversation, but 
we cannot only mine our way out for reliable and ethical 
critical mineral supply chain. So I look forward to working 
with all of you in the years ahead, as well as my colleagues on 
this critical issue, while doing so not backtracking on issues 
like workers' rights and protections and removing some of the 
barriers to our success.
    To that point, I have two quick questions. One is on 
tariffs and one is on grants. I will start with you, Dr. Stoy. 
According to the U.S. Geological Service, the U.S. has little 
to no reserves for many critical materials. So obviously, as we 
discussed, we are trading to acquire them. Can you talk a 
little bit about how tariffs affect our ability to buy them 
from abroad?
    Ms. STOY. Absolutely. Thank you so much for the question.
    I am not an expert on tariffs. I am not an economist. But 
what I can say is that when I look for investors, when mining 
companies globally look for investors, investors are looking 
for stable markets. They are looking for stable capital. 
Refiners that I think personally is the most important thing 
right now beyond just mining, you know, to build up these 
facilities, we need stable markets. And tariffs, I think, pose 
issues to that. And consistent pricing is important. We have 
talked about a lot of different levers that the government can 
use here, you know, stockpiles, ensuring price floors. There is 
different things we can use here, but all of them can be 
negatively impacted by tariffs.
    Mr. OLSZEWSKI. I appreciate that, and I want to make sure I 
have it right. As a fellow ``ski,'' is it Mr. Minishski?
    Mr. MUSHINSKI. Mushinski.
    Mr. OLSZEWSKI. Mushinski, Olszewski. We got it. Okay. I 
appreciated your testimony and your calls for unlocking grants 
for commercialization efforts. I think that is critically 
important as one way to increase capital access for this work. 
So I just want to, I guess, pose to you, would you be concerned 
if very large grant makers, and in particular, thinking about 
the federal government, right, if we froze our grants and other 
funding sources, that certainly would be a challenge to that 
and would erase some of the capital landscape? Is that a fair 
assessment?
    Mr. MUSHINSKI. Of course.
    Mr. OLSZEWSKI. Yeah. And so, yeah, just to that point, to 
my colleagues, we are seeing a lot of the dismantling of these 
kinds of programs, not just in this space, but across the 
government. And I think we want to try to work with our 
partners across the aisle to find ways that here and in other 
spaces that I think the federal government actually does have a 
key role to play in spurring innovation, safety, and success in 
the private sector.
    And so, again, I want to just thank our witnesses to today, 
Mr. Chairman, for their insights and their wisdom. Look forward 
to working with them and you and our colleagues in the years 
ahead.
    And with that, I will yield back.
    Chairman WILLIAMS. The gentlemen yields back.
    I now recognize Mr. Bresnahan from the great state of 
Pennsylvania for 5 minutes.
    Mr. BRESNAHAN. Thank you, Mr. Chairman and to the Ranking 
Member, for holding today's hearing, and especially to the 
witnesses for taking time out to come and testify today.
    Securing our supply chains for rare earth minerals and 
other critical resources is not just an economic priority. It 
is a matter of national security. These materials are essential 
components in a wide range of technologies, from smartphones to 
electric vehicles and advanced defense systems. Yet, despite 
their importance, the United States has fallen behind over 
other nations, particularly China, in both the mining and 
refining of these vital resources. China's dominant position in 
these supply chains have given them significant leverage on the 
global stage, leverage that can threaten our economic 
competitiveness and our security. To address this challenge, we 
must bring about commonsense permitting reform that allows us 
to responsibly develop these resources here at home.
    My district lies within the Marcellus Shale region in 
Pennsylvania. Fracking has been a key driver of our country's 
energy dominance and Pennsylvania's economic growth for the 
last 20 years. But fracking can potentially deliver more than 
just oil and gas. Recent studies by the National Energy 
Technology Laboratory have found that the water used in 
fracking can unlock up to 1,160 metric tons of lithium. That is 
almost 40 percent of the current demand for lithium, which is 
3,000 metric tons per year. This is comparable to the lithium 
produced in the brine ponds in Chile, the world's second 
largest lithium producer.
    In Wayne County in my district, there is roughly $1 billion 
of natural gas deposits that we cannot tap into because of 
governors in Pennsylvania, New York, New Jersey, and Delaware 
have banned it based on some science and under pressure from 
some environmental activists. If our country is going to reduce 
emissions and have a cleaner grid, we need these rare earth 
minerals like lithium to achieve these goals.
    Sadly, the prior administration stifled their own green 
energy goals with overregulation by trying to ban natural gas 
exports, trying to ban fracking, the IRA's methane tax, and use 
of ESG's metrics and investments, and not approving pipelines 
quickly enough. Instead of American energy powered by clean 
American fuel sources and rare earth minerals processed under 
the American environmental standards, we have been forced to 
rely on Chinese imports, which are produced under horrendous 
environments and labor conditions.
    Our goal must be to provide essential raw materials that 
fuel our economy, support our national defense, empower the 
innovative technologies of tomorrow. We can, we must, and 
uphold our commitment to environmental stewardship while 
advancing economic growth. The false choice between economic 
progress and protecting our environment has held us back far 
too long.
    With that, I am going to start with my first question to 
Mr. Dowd. I want to echo on Mr. Finstad's questions a little 
bit earlier. If you can point to just one specific action that 
Congress can deploy to help us in the progress, would it be 
towards workforce development? Would it be permitting? Would it 
be regulation? If you can point to just one thing, and you had 
mentioned China in the prior answer, but is there anything else 
beyond China that we can be of assistance with?
    Mr. DOWD. Yeah, as a rare earth element separation company, 
at least the way we do, how we do our refining, there is no 
regulatory or regulation that is permitting us from doing what 
we are doing. The workforce is really not a challenge where we 
are, fortunately. I would say the big thing is continuing, as 
the government has through the Department of Defense and 
Department of Energy, funding companies like us to boost the 
defense industrial base to have the capability and the capacity 
in this country to compete with China.
    Mr. BRESNAHAN. What do you mean ``funding''? Is that 
through grant processes? Is that through R&D? What kind of 
funding do you reference?
    Mr. DOWD. Yeah, sure. Our company has received a handful of 
grants and awards over the last handful of years, which have 
really furthered us to where we are today. The Congressman 
earlier mentioned we received a Defense Production Act through 
the Department of Defense for $8.67 million back in September. 
That really enabled us to be able to produce terbium, which 
cannot be found anywhere else in the world other than China.
    Mr. BRESNAHAN. So why is that the responsibility of the 
American taxpayer to provide economic grants to a company like 
yours?
    Mr. DOWD. Yeah, I think it is a real question for the 
Committee or for the country in terms of the responsibility of 
government to help fund what is necessary to be able to have 
this capability in this country. And I think if the government 
does not compete, given that the Chinese government is 
subsidizing the industry, we will be fully reliant on China for 
rare earths for a long period of time. And that is obviously a 
geopolitical supply chain issue.
    Mr. BRESNAHAN. My time has expired. I yield.
    Chairman WILLIAMS. The gentleman yields back.
    I now recognize Ms. Goodlander from the great state of New 
Hampshire for 5 minutes.
    Ms. GOODLANDER. Thank you, Mr. Chairman, and thank you to 
our witnesses for being here today for this important hearing.
    You have each testified that the rare earth challenge is a 
really critical one to our national security. Our supply chain 
vulnerability is core to addressing, to keep our country safe. 
But it is also an extraordinary opportunity that small 
businesses across our country are seizing. And I am seeing it 
all across my home state of New Hampshire.
    What I would say is our hearing today, the title of the 
hearing today, I note is ``Securing America's Mineral Future: 
Unlocking the Economic Value Beneath Our Feet.'' The economic 
value I think is more than just beneath our feet. And I saw 
this firsthand in visiting an extraordinary service-disabled, 
veteran-owned small business in the Monadnock Region of my 
state that more than 6 years ago predicted that we would have a 
germanium crisis in this country. Germanium is used, as many of 
you know, in high-speed computer chips, plastics, and a wide 
range of military applications from night vision devices to 
satellite imagery sensors.
    My constituents started a company, they self-funded the 
research and development costs of a cost-effective, ecofriendly 
germanium recycling effort and they began production. They have 
encountered a lot of challenges in getting the support that 
they need for small businesses to actually tackle this. And I 
wanted to ask you, Mr. Dowd, can you speak to your experience?
    I also serve on the Armed Services Committee and, knock on 
wood, we are going to have a National Defense Authorization Act 
this year where we have an opportunity to really take a look at 
ways in which we can improve the way that the Department of 
Defense does business with small businesses in our country. Can 
you speak to your experience contracting with the Department of 
Defense and what challenges you encountered?
    Mr. DOWD. Yeah, our experience with the Department of 
Defense and, specifically, receiving funding through the 
Defense Production Act has really been incredibly positive. I 
really don't have a negative thing to say about that.
    Ms. GOODLANDER. Really?
    Mr. DOWD. I can only speak from the award that we are 
currently in and our experience in receiving that award in the 
last year.
    Ms. GOODLANDER. Dr. Stoy, could you tell us a little bit 
about the challenges you have encountered in contracting with 
the federal government and getting the kind of investment that 
small businesses like yours need to bring us to the next 
generation of recycling critical minerals?
    Ms. STOY. Absolutely. My experience has largely been very 
positive in applying for funding. I will say there were--there 
have been a handful of Department of Energy grants that 
required really an extensive amount of paperwork for small 
businesses to apply. As an example, I think there was a grant 
that was for $500,000, which is not--it is a sizable amount of 
money, but not huge, that I think I ended up writing, you know, 
100 pages of content for on, you know, economic development. 
And, you know, 500K for a 3-year grant is not really enough 
money to have an outsized impact on, you know, your local 
community. So I think there are ways to streamline grant 
processes that would make it easier for small businesses to 
take advantage of.
    Ms. GOODLANDER. Well, we welcome any and all ideas that you 
have on this front. We are all about cracking down on waste, 
fraud, and abuse, and making it easier for small businesses 
like yours. Just note that the funding cuts that we have seen 
across our federal government have made it very difficult for 
these important programs to reach their intended small business 
recipients.
    I want to ask you about the impact of the President's 
unilateral trade wars, which have impacted 35 of 50 critical 
minerals, 10 of 16 rare earth elements. You have each spoken to 
just the time that it takes to build up our domestic 
manufacturing base. Many on our Committee have supported an 
exemption for small businesses. But I wanted to ask you to the 
President's unilateral tariffs because they threatened to put 
so many essential small businesses out of business. I want to 
ask you about the uncertainty that you are seeing across the 
industry and the markets and the customers who you work with in 
this moment of absolute uncertainty for our country.
    Ms. STOY. Yeah, you know, customers, investors, everyone is 
looking for stability and these tariffs add uncertainty. One of 
the big things--I have been a little bit insulated because I 
have been housed at Argonne National Lab, which has been a 
tremendous opportunity that--you know, it is a very small 
program. There is maybe five innovators per year. This is not--
it is not a big enough program for many small businesses to 
benefit from that if they have to buy their own equipment. I 
mean, I am deeply impressed that someone from your state was 
able to self-fund a recycling project. So I think that that is 
something that we need to work on is adding that stability.
    Ms. GOODLANDER. Thank you. I yield back.
    Chairman WILLIAMS. The gentlelady yields back.
    I now recognize Mr. Downing from the great state of Montana 
for 5 minutes.
    Mr. DOWNING. Thank you, Mr. Chair, and thank you to the 
witnesses. I come from Montana, the Treasure State. If you want 
it, we can probably grow it or mine it or produce it. So we are 
blessed with incredible reserves in critical minerals.
    So I am going to start in my backyard with Mr. Kaye. You 
are on the front lines of critical minerals discovery and 
extraction in Montana. Your company, U.S. Critical Materials, 
is set to develop the Sheep Creek site in Ravalli County into a 
major producer of rare earth elements. In your testimony, you 
note the remarkable nature of the mineral concentrations at the 
Sheep Creek site. Can you explain to us more about the unique 
abundance of rare earth elements at the site?
    Mr. KAYE. Thank you for your question. We have 
concentrations that range about 9 percent and in some cases 
higher. That means as a comparative to Mountain Pass, they 
average about 5 percent. It literally, as confirmed by 
Activation Labs, the blue chip lab for evaluating purity of the 
product, and Idaho National Labs who did extensive work in our 
(phonetic 25:29) ore, which, by the way, is very low in thorium 
and very high in grade. That means we are below the standards 
required to seek nuclear regulatory authority, which is a boon 
to us in being able to get our product online quickly.
    It is an extraordinary deposit because it is carbonatites. 
And carbonatites, geologically, 150 million years ago have come 
up from the earth, have penetrated through dikes and fissures 
and have extended above the surface within just three adits, 
which are horizontal tunnels that have been drilled into the 
side of the mountain 35 years ago, there are 62 carbonatites. 
We have sampled them all. They all show mineralization down at 
depth. And there is a theory going right now that we are 
working to prove this summer that there is a continuous source 
that lies below. So while----
    Mr. DOWNING. Hey, just in the interest of time, the 
critical, and I appreciate that, the critical minerals mined at 
Sheep Creek support--how do they support the manufacturing of 
technologies critical to national security?
    Mr. KAYE. The answer to that is samarium, which is not 
found in the United States. We have an abundant supply. 
Gallium, which, as mentioned earlier, has 3,800 military uses. 
The Chinese have banned it to export about a year ago. We have 
180 to 380 parts per million. We are working with Idaho 
National Labs now. We expect that we will be able to extract 
gallium and be able to present it for the use of this country 
within this year.
    Mr. DOWNING. So on that note, how are small businesses 
uniquely positioned to initiate American critical mineral 
independence from China?
    Mr. KAYE. We have the entrepreneurial spirit that has grown 
this country. We are entrepreneurs. We understand risk-reward 
and we have the attitude of it has to happen, we will make it 
happen. And with the support of the regulatory authorities, 
state government, and the like, it will occur.
    Mr. DOWNING. Thank you, sir. In my district, we have 
experienced firsthand the difficulties of competing with 
mineral dumping by foreign adversaries. The Sibanye Stillwater 
Mine in Stillwater County is the United States' only platinum 
and palladium mine. Unfortunately, Russia's dumping of cheap 
minerals into the international market forced the Sibanye 
Stillwater owners of the mine to scale back its operations and 
lay off 700 workers at the end of last year.
    I am going to move to Mr. Mushinski. In your testimony, you 
outline how your company, Rare Element Resources, experienced 
similar hardships from Chinese dumping. Can you elaborate on to 
what degree you believe this dumping effort by Chinese 
producers was coordinated and deliberate?
    Mr. MUSHINSKI. I think it was 100 percent coordinated and 
100 percent deliberate. If you go back to the 2016 timeframe, 
when there were restrictions on--I am sorry, it may not be 
before 2016, the Chinese deliberately put restrictions on 
exports of rare earths. That spiked the price. As with any 
mining business, when the price goes up, the exploration goes 
up, the technology goes up, and it is a continuous curve.
    The mining companies, Mountain Pass at the time, took off. 
Their stock went over $100 a share. A mere 4 years later, the 
Chinese absolutely flooded the market. The prices cratered, 
Mountain Pass went bankrupt. That is when our company almost 
went bankrupt in the middle of our permitting process.
    Mr. DOWNING. Unfortunately, I have run out of time. Mr. 
Chair, I yield.
    Chairman WILLIAMS. The gentleman yields back.
    I recognize Mr. Cisneros from the great state of California 
for 5 minutes.
    Mr. CISNEROS. Thank you, Mr. Chairman.
    As a Member of the House Armed Services Committee and 
previously serving at the Department of Defense, I deeply care 
about our national security. And I understand and agree with 
the importance of securing our critical mineral supply chain 
and I support the small businesses helping address this vital 
need. However, this hearing is not focused on what we can 
actually do to help these small businesses, but rather it is 
another attempt to infomercial the President's agenda to 
deregulate.
    The House Natural Resource Committee already had a hearing 
on domestic mining for U.S. national security on February 6. 
The House Energy and Commerce Committee already had a hearing 
on enhancing our critical mineral supply chains on May 21. If 
we want to stretch the bounds of the House Small Business 
Committee to also talk about critical minerals, let's talk 
about federal funding opportunities like the small business 
research grants that help companies like Rivalia. This hearing 
is not talking about SBA programs to help these small 
businesses. It is not talking about funding from other agencies 
for these small businesses. It is not diving into federal 
contracting to support these businesses. I urge my colleagues 
to engage with us in meaningful discussions on how to better 
support small business, not just rubber stamp an agenda.
    So, Ms. Stoy, could you kind of go into detail a little bit 
more about SBIR, how it helped you get started, and really the 
importance of programs like this to encourage investment in 
other businesses like yours that could help, like you said, 
recycle these minerals instead of them just going to waste 
after they have been used?
    Ms. STOY. Absolutely. You know, I founded Rivalia using a 
blend of government funding, SBIR funding, and private venture 
capital. I think, you know, to prove that you should be a 
company in the market, you need to have that kind of buy-on 
from, you know, a private group. But, you know, programs like 
the SBIR help front load some of the high capital costs that 
come with hard tech startups. I mean, we are all in mining. You 
know, this requires equipment, this requires labs, this 
requires resources.
    The SBIR program has been incredibly helpful to me. There 
is also some programs offered alongside the SBIR program, 
including a business boot camp where they help you do customer 
discovery, engage with your customers and the partners. You 
know, we are dealing with very complex supply chains here. And 
learning how to have those conversations was something I 
learned through the NSF SBIR program.
    The Chain Reactions Innovations Program that I am a part of 
at Argonne National Lab, the LEAP program is also, I think, 
incredibly useful as a tool to help small businesses access 
resources that they otherwise wouldn't have access to.
    Mr. CISNEROS. Thank you very much for that. And again, I 
think the importance of research and funding these grants in 
order to help small businesses like yours get started is of 
vital importance and something that we should be discussing 
today more than about how regulation is getting in the way.
    Mr. Mushinski, hopefully I said that right, I hear your 
company is exploring training and education programs with 
universities in conjunction with the Bear Lodge Project. Can 
you speak to the importance of a strong STEM workforce in 
career and technical education programs for projects like that?
    Mr. MUSHINSKI. Thank you for the question. We do, we 
currently have three interns from the University of Wyoming and 
South Dakota, the School of Mines, which is dedicated to 
minerals and mining. And we live--our process and our facility 
is in a very small town of Upton, Wyoming, 800-and-something 
people. We are relatively close to other population centers. 
But the ability to recruit STEM employees is difficult in that 
area and that is a very important issue for us. Where do we 
locate our final plant because of those issues?
    We fortunately live in a very pro mining state, which is 
Wyoming. And the governor and the University of Wyoming and all 
the Members within that legislation are very supportive to us. 
You know, it is junior colleges, it is colleges, it is 
technical trades. A mining and processing facility is not just 
STEM. You need all the blue collar work as well, and that is a 
very important concern.
    Mr. CISNEROS. No, thank you for that answer. I am a big 
believer in education and training and everything that we need 
to put into it. You said this isn't a field that most people 
probably grow up thinking they are going to get into, but it is 
vital importance to make sure that we invest in the technology 
and the training for that.
    So with that, I yield back, Mr. Chairman.
    Chairman WILLIAMS. The gentleman yields back.
    I now recognize Mr. Patronis from the great state of 
Florida for 5 minutes.
    Mr. PATRONIS. Thank you, Mr. Chairman, and thank you all 
for participating in speed dating. It is kind of back and forth 
and, you know, the input that we are getting is really helpful.
    For the last 8 years I regulated mining and blasting in the 
state of Florida. And I have learned of the proponents and the 
opponents and specifically understanding, at least in the case 
of the state of Florida, whenever we have what seems to be good 
policy or good proposed legislation, how it dramatically could 
potentially change your cost of business or where your 
customers may do their business. I look at what you are 
providing. You are providing quality jobs in a heavily 
regulated environment with a sensitivity to supply chain needs 
and also what you need to do to balance the environment. And I 
don't envy what you do, but I am glad you are able to find a 
margin to make you want to continue pursuing it.
    I have always been a big proponent for predictability in 
the timelines when it comes to permitting. I don't want to 
belabor this because I know it was kind of touched on a little 
bit by you, Mr. Kaye, but I am going to ask you to elaborate 
more on it and maybe even a little bit of a comparison of the 
timeline of how China has the ability to bring goods to market 
versus the United States and how much of a difference there is 
in that timeline because does this create an advantage for 
China?
    Mr. KAYE. I have a couple of comments that I think would be 
relevant. One of which is that to the former--the congressman 
over there who said, how do you attract young people? Okay, the 
answer is technology. Technology makes it a lot more glamorous 
than a pick and a shovel. We are using artificial intelligence, 
predictive analytics for fast tracking exploration. It brings a 
whole other kind of person to the table.
    Secondly, today we made an announcement that retired four-
star General Steven Townsend has become a senior advisor to us. 
He testified in front of the Senate some years ago about the 
need for critical minerals. He told us that in Africa when he 
was running AFRICOM, he wanted to find out how many mines, rare 
earth and critical mineral mines, were owned by the United 
States versus China. He found none owned by the United States, 
all owned by China, except for one, a Canadian company, which 
turned out when he put his intelligence team to it, to be a 
front for the Chinese. So somebody asked earlier about Africa.
    As to your question, fast tracking is everything right now. 
Okay. Speed and time. Speed is most important. Time is our 
enemy. And, therefore, the ability to have access to the 
decision-makers, to be able to have a meeting such as this, to 
be able to understand what their requirements are and how we 
can fast track application for DPA grants or Department of 
Defense or the movement of money from, you know, environment to 
defense is critically important. How can we manage the 
bureaucracy so that it makes it easier for us instead of 
cutting the red tape and drowning in the things that all my 
colleagues have just talked about, years and years of going 
through these things? It is getting better.
    Mr. CISNEROS. And it is not--the technology's not going 
away and the demand is not shrinking. I guess my also concern 
is just, if you can just expand on it a little bit is the 
national security concerns we have about being beholden to 
China on our pipeline.
    Mr. KAYE. Yeah. Thank you. The F-35 requires 920 pounds of 
rare earths. A submarine is 5,000. The new F-47, which is now 
being proposed, requires large amounts of rare earths. The 
newest radar that we are working on requires rare earths. The 
missiles, we expended a tremendous amount of our armaments with 
Israel, with the Ukraine war, et cetera. You got to rebuild the 
stockpiles, and yet they require rare earths.
    So it is got to be domestic supply, and it is got to happen 
now. We don't have 5 more years. And so, therefore, that is why 
we are focused so hard on being able to deliver gallium by the 
end of this year, because it is required in 3,800 different 
defense systems that our government requires.
    Chairman WILLIAMS. The gentleman's time is up.
    Mr. CISNEROS. Thank you, Mr. Chairman.
    Mr. KAYE. Thank you.
    Chairman WILLIAMS. Next, I recognize Dr. Morrison from the 
great state of Minnesota for 5 minutes.
    Ms. MORRISON. Thank you, Chairman Williams and Ranking 
Member Velazquez, for holding this hearing. And I want to thank 
our witnesses for being here and taking the time to testify and 
share your expertise about the critical mineral industry.
    This is a topic we will return to again and again as demand 
for critical minerals continues to grow during the coming 
decades. The International Energy Agency projects that growing 
investments in clean energy will double global demand for 
minerals by 2040. Growing demand for electric vehicles could 
increase the need for minerals such as lithium and graphite by 
as much as 4,000 percent over the next few decades.
    And by the way, I am thrilled by the enthusiasm for mining 
critical minerals I have heard here. So I assume that everyone 
on this Committee will be voting against clawing back the IRA 
and clean energy tax credits.
    One of the mines that my colleague from Minnesota, Mr. 
Stauber, referenced, is on public lands in the watershed of the 
Boundary Waters Canoe Area Wilderness, the most visited 
wilderness in the United States and a major economic engine in 
Northeastern Minnesota. One point I want to make regarding 
proposed hard rock mines in Minnesota is that this kind of 
mining has never been done in Minnesota before. We have a proud 
tradition of iron ore taconite mining. It is very different 
kind of mining that carries very different risks than copper, 
nickel, and other hard rock mining.
    And the proposed mines, respectfully to my other colleague 
from Minnesota, are not Minnesota grown. They are owned by 
Glencore, Rio Tinto, and Antofagasta. These are not small 
businesses. These are not homegrown, and they are not American 
companies. They are international mining conglomerates with 
some of the worst labor and environmental records in the world.
    I would like to point out a study that found that the 
proposed mine in the watershed of Minnesota's Boundary Waters 
Canoe Area Wilderness would cause a net economic loss in the 
long term, due in part to the job and revenue losses, for the 
thriving outdoor recreation industry that that area depends on.
    So, Mr. Chairman, I request unanimous consent to insert the 
study into the record.
    Chairman WILLIAMS. So moved.
    Ms. MORRISON. Thank you, Mr. Chairman.
    Dr. Stoy, can you comment on some of the tradeoffs of 
unrestricted, minimally regulated mining in terms of 
environment impacts? Are there any negatives or is it just all 
upside?
    Ms. STOY. Thanks for the question. Wouldn't that be 
wonderful if there were only upsides? You know, as we discussed 
securing a domestic supply chain for rare earths, you know, we 
have to talk about these trade-offs. There are benefits. You 
know, we can increase our domestic supply long term. We can 
reduce our dependence on foreign sources. We can support 
national security. We might bring jobs and investment to rural 
areas that didn't have access to that before. But, of course, 
there are significant costs. You know, there is the timeline. 
We have to consider what is going to happen environmentally 
here.
    The environmental impact, you know, we are talking about 
disturbing large areas of land. We are consuming water, we are 
producing hazardous tailings that include radioactive elements, 
like thorium, uranium. This is, you know, especially concerning 
and sensitive ecosystem or near indigenous lands or, frankly, 
anywhere where people live.
    There is also, you know, community opposition. Many 
proposed mines face strong pushback from Tribal Nations, 
environmental groups, and local residents who are simply 
concerned about the place they live, you know, water quality, 
land access, the long-term plan for these sites. These projects 
carry legal, social, and reputational risks.
    In contrast, recovering rare earths from existing 
industrial waste avoids new land disturbance. It leverages 
materials already above the ground and offers a faster, cleaner 
pathway to supply security. So while I think new mining may 
play a role in the long term and, of course, in the entire 
economic picture, we have to be clear-eyed about the costs and 
pursue lower impact alternatives when they are available.
    Ms. MORRISON. I appreciate that perspective. Thank you.
    I want to just take a moment before my time expires to brag 
about a Minnesota company that is doing innovative work to 
reduce our dependence on critical minerals. Niron Magnetics is 
the world's only producer of high-performance rare earth-free 
permanent magnets, which are used in everything from cars to 
audio systems to medical devices. Niron Magnetics uses 
technology that was developed through research at the 
University of Minnesota and they received an SBIR award in 2024 
to explore the use of their magnets in DOD applications, 
exemplifying, I think, how well-designed innovations system can 
support our small businesses and address pressing issues.
    Mr. Dowd, we have talked a little bit about SBIR and STTR 
programs. Can you just speak to how federal grants and awards 
can be mutually beneficial to both small businesses and 
government agencies?
    Mr. DOWD. Yeah. For my company, who has been in business 
for about a dozen years, we have had a handful of grants and 
awards with the Department of Defense and with the Department 
of Energy, which has really helped further us to where we are 
today. And I am not sure without the support of the government, 
we would have been able to achieve what we have achieved. 
Because what we do is not easy. If it was, we wouldn't be 
having this issue today, this conversation today. A lot of R&D 
goes into getting to where we are today. Thank you.
    Ms. MORRISON. Thank you, Mr. Dowd. Thank you, Mr. Chairman.
    Chairman WILLIAMS. The gentlelady yields back.
    I recognize Mr. Alford from the great state of Missouri for 
5 minutes.
    Mr. ALFORD. Well, thank you, Mr. Chair, and thank you for 
our witnesses for being here today.
    Rare earth minerals, elements like neodymium, cerium, 
lanthanum are critical for modern technology from smartphones 
to electric vehicles to defense systems. Missouri's role in 
their mining has a rich history and untapped potential, but 
government overreach is holding us back. In the mid-20th 
century, Missouri was a leader in rare earth exploration. The 
Pea ridge Mine in Washington County, operational since the 
1960s, revealed significant deposits of rare earths alongside 
iron ore. And by the 1980s, studies confirmed Missouri's 
geological potential with deposits in the southeast region 
rivaling global hotspots.
    However, low prices and foreign competition, mainly from 
China, stalled development. China now dominates, producing more 
than 60 percent of the world's rare earths, leaving the U.S. 
dependent on imports for more than 70 percent of our supply.
    Today, Missouri stands at a crossroads. The Pea Ridge Mine, 
now dormant, holds an estimated 600,000 tons of rare earth 
oxides, enough to bolster domestic supply. This is just outside 
my district.
    Private companies are eager to restart operations, but 
progress is slow. Why? Excessive regulation. Permitting for new 
mines can take over a decade in the United States of America 
compared to just a year in competitors' nations. Environmental 
reviews, while important, are often redundant, delaying 
projects without code clear benefits. Meantime, communist China 
tightens export controls, threatening our supply chains.
    The government must act decisively. First, streamline 
permitting under the National Environmental Policy Act to cut 
timelines without sacrificing safety. Secondly, offer tax 
incentives for rare earth processing facilities as refining is 
a bottleneck. Third, fund research into cleaner extraction 
methods to address environmental concerns. These steps will 
unleash Missouri's potential, create jobs, and secure our 
national interest. Missouri's rare earths are a sleeping giant. 
It is my intent to help them wake up by getting government out 
of the way.
    Mr. Kaye, critical minerals are not only essential for the 
long-term economic success of the U.S., but also for its 
national security. Could you please explain the importance of 
the resources in your minds to our national security, sir?
    Mr. KAYE. Thank you for your question. We spoke about 
gallium. Gallium is critical. There is no supply here in the 
United States. The Chinese have embargoed it. Our gallium is in 
a very pure mineralized form found in the carbonatites 
themselves, which means it is relatively easy to bring them out 
and properly refine them.
    Samarium, there is no supply here in the United States. And 
so we have the same situation with that.
    Third is our government understands now, particularly the 
Department of Defense, and the reason that General Townshend 
has become an advisor to us is exactly that reason. He 
understands what the problems are. He understands what national 
defense means. And the Chinese are betting that we are going to 
keep slow like we have been. But that is not going to happen 
anymore.
    And so we believe that the 17 rare earths and natural and 
critical minerals that are important to all aspects, artificial 
intelligence, chips, new radar, new aircraft, new ships, new 
technologies leading to the future, have to be domestically 
sourced. And we and our colleagues are determined to make that 
happen. Our attitude now these days is while we are all 
friendly competitors, we are all Americans. And whatever we can 
do to help each other, whether it is technology, whether it is 
cooperation, whether it is working together to make us 
critically mineral independent again and, therefore, critically 
mineral sovereign again, is our number one mission. And so we 
are all working toward accomplishing that goal. And thank you 
for your question.
    Mr. ALFORD. Thank you, Mr. Kaye, Mr. Dowd, Mr. Mushinski, 
and our other witness, we really appreciate you being here 
today. This is a national security issue.
    And with that, I yield back.
    Chairman WILLIAMS. The gentlemen yields back.
    I now recognize Ms. Simon from the great state of 
California for 5 minutes.
    Ms. SIMON. Thank you, Mr. Chair. It is an honor to be 
sitting by you. And I do believe that you have the best tie in 
the room today, sir. It is amazing. Yes, sorry. I apologize.
    I am so happy to be having this conversation with you all. 
In fact, as you all were talking, what came to me was a writing 
from Bernice Johnson Reagon, Dr. Bernice Johnson Reagon. And 
she was one of the leaders of the Student Nonviolent 
Coordinating Committee during the Civil Rights Movement. And 
one of her writings was called ``Battered Earth.'' And one of 
the stanzas in the piece said, ``If the earth could run away, 
she would be running for her life.'' And I really appreciate 
this very timely conversation.
    I also appreciate, Dr. Stoy, you talked about being 
supported in your graduate studies as a young scientist. And it 
is not missed on me or anyone on this dais that you are the 
only woman on the panel. My daughter is in the biological 
sciences. My eldest, go Aggies at UC Davis, and she told me she 
was one of the few folks who crossed the stage an undergrad 
focused again on our earth, on biology.
    I wonder what we would be talking about if, in fact, the 
United States paid homage to young scientists and fully 
supported their educations. And once they got out of grad 
school, fully nurtured their labs, fully nurtured your staffing 
process, provided support for your insurances. I wonder what we 
would be thinking about as we try to juxtapose where we are in 
terms of earthing rare minerals with our adversaries like 
China. It is hard to compare and contrast when you have 
countries around the world that fully support young people 
advancing in the sciences. But like Bernice Johnson Reagon 
says, our adversaries don't care about the earth. And if she 
could run away, she absolutely would.
    You know, just a few months ago, I was able to visit an 
amazing small business in West Oakland, where I am from. A 
small company that has developed fascinating technology to 
extract lithium directly from brine using significantly less 
land and water than conventional evaporation methods. And in 
talking to the founders, young, brilliant, scrappy, they don't 
wear suits, they wear Converse, they are amazing and super 
smart and they have PhDs and they are physicians. That is crazy 
smart, amazing folks, right, again, in a low-income community 
in the Bay Area doing everything that they could to create a 
sustainable model moving forward. They talked to me about how 
difficult it was not just in the last administration, but also 
in this administration to acquire resources. In fact, they are 
waiting on money right now to keep their staffing levels up.
    We are talking not just about rare minerals, we are talking 
about a finite Earth. And so when you have innovators, like 
some of you all on this panel, committed, committed to 
sustainable practices, committed to new opportunities and 
innovations that will literally save, save the lands of our 
dear country, you can't go in a gazillion times, right? The 
Earth is, in fact, finite.
    I am curious, Dr. Stoy, when you talk about--well, you 
talked about, I would say in your testimony rather beautifully, 
how, in fact, it was difficult in this moment, and it has been, 
and a number of you have also repeated this, to receive the 
resources that you need and deserve to move forward. Dr. Stoy, 
can you talk to me about, in the perfect world, how would, 
whether it is SBA or other government agencies, truly support 
young innovators like yourself? So that instead of sitting at a 
computer writing 100 pages for $500,000 divided by 3, and those 
of us who staffed institutions, we know that that is only a 
couple of staff with a little bit of health insurance and not 
for their kids, maybe just for them, what would it be like if 
you could truly be the scientist that you were trained to be? 
What would you need?
    Ms. STOY. So I think I have talked about a lot of visions I 
have had. You know, in a dream world I am running a team of a 
dozen people. We are all in the lab. We have folks dedicated on 
building out the rest of the supply chain, talking to all the 
partners, building out the network. You know, this is something 
that I, instead of using government funding, I will go out and 
fundraise later this summer, you know, a couple million dollars 
to start building out that team. And I am trading that for 
equity, and I am trading that for, you know--that is betting 
against the money I will need in the future to build a plant. 
You know, there is--for startups, you know, you can be scrappy, 
but you can only do so much with so little money.
    So I appreciate your question and I think, you know, 
betting on young innovators is a win for us.
    Ms. SIMON. I appreciate you and I appreciate all those who 
came out today to listen, and those are folks who came to 
testify.
    Thank you, Mr. Chair. I yield back.
    Chairman WILLIAMS. The gentlelady yields back.
    I would like to thank our witnesses for their testimony and 
for appearing before us today. Without objection, Members have 
5 legislative days to submit additional materials and written 
questions for the witnesses to the Chair, which will be 
forwarded to the witnesses. I ask the witnesses to please 
respond promptly.
    So if there is no further business, without objection, this 
Committee is adjourned.
    [Whereupon, at 12:02 p.m., the committee was adjourned.]
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