[Congressional Record Volume 168, Number 40 (Monday, March 7, 2022)]
[Senate]
[Page S1014]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MORNING BUSINESS
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SUPPLY CHAIN SECURITY
Mr. RISCH. Mr. President, I rise today on behalf of myself and
Senator Crapo to express grave concern with the vulnerability of supply
chains and the long-term implications if we do not act now to develop a
secure supply chain of critical minerals. In light of the aggression
shown by our adversaries, supply chain security is more important than
ever.
Our Nation is at a crossroads; Russia has invaded Ukraine. At the
same time, China continues to use economic coercion to control global
markets and shape countries' political decisions. With Congress'
support, this administration must take drastic and targeted measures to
ensure our Nation takes the right path to advance U.S. competitiveness
and maintain a strong position in domestic and foreign markets,
including critical minerals production.
Critical minerals are vital to the emerging technologies that will
underpin the future economic well-being and prosperity of this Nation.
In recognition of these important minerals, under President Trump, the
Department of the Interior developed a list of 35 critical minerals, a
process that Congress later codified. That list, just last week,
expanded to 50. Our home State of Idaho is rich in many of these
minerals--some of which are fundamental to energy and national security
applications--such as antimony and cobalt.
Antimony and cobalt serve as critical components in grid storage
batteries and other electrification implements essential to providing
reliable energy sources to American homes and businesses. In addition
to its energy contribution, antimony serves as a critical component of
ammunition, armaments, and other national security platforms. Although
these minerals serve as essential components in highly utilized U.S.
products, 53 percent of antimony comes from China, and another 23
percent comes from Russia. Most cobalt is sourced from the Democratic
Republic of the Congo--DRC--where the Chinese Government has subsidized
companies that engage in nontransparent practices, dominate the
industry, and undermine the prosperity and rights of the Congolese.
Aside from mineral production, Idaho is responsible for cutting-edge
mineral research. We are proud to be the home of the Idaho National
Lab, the Nation's premier nuclear energy laboratory, whose research is
paramount to any future clean energy strategy. Unfortunately, the Biden
administration chose to remove uranium from the critical minerals list,
which leaves the Nation's nuclear fleet even more reliant on Russian
fuel.
As tensions rise with Russia and the potential of additional
sanctions loom, China will look to take advantage of the void left by
Russia's isolation in the market. While we need to take strong actions
on Russia, the reality is that we source many of our raw minerals from
them. As we tighten our grip on their financial system and exports, we
must prioritize domestic sourcing and reduce our reliance on countries
like Russia and China.
The time is now for this administration to take real action to
prioritize a strong domestic supply chain for these essential minerals.
We do not want to compromise any of our environmental or other
standards. We are simply calling on the administration to prioritize
the timely completion of the permits of currently proposed projects so
we may take back control of a fundamental piece of many of our
essential industries: critical minerals production.
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