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American Resources Policy Network
Promoting the development of American mineral resources.

Policy Makers Step Up Efforts to Secure Domestic Critical Mineral Supply Chains — U.S. Senators Introduce the “Critical Mineral Independence Act of 2022”

As geopolitical tensions continue to mount, and China tightens its reins on its critical mineral supply chains, U.S. policy makers are stepping up their efforts to secure domestic supply chains. The latest case in point: Sen. Dan Sullivan’s (R-Alaska) and Mitt Romney’s (R-Utah) just-introduced “Critical Mineral Independence Act of 2022,” legislation aimed at reducing the United States’ over-reliance on (…) more

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METALS & MINERALS 101

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  • Aluminium 13 Al 26.982
     

    Aluminium

    Major Uses: domestic consumption, transportation, building, electrical
    Import Dependency for U.S.: 38%
    Major Importers: Canada, Russia, China, Mexico

     
  • Iron 26 Fe 55.845
     

    Iron

    Major Uses: construction, transportation (predominantly automotive), cans and containers
    Import Dependency for U.S.: 7%
    Major Importers: Canada, European Union, China, Mexico

     
  • Cobalt 27 Co 58.933195
     

    Cobalt

    Major Uses: aircraft gas turbine engines, cemented carbides for cutting, wear-resistant applications
    Import Dependency for U.S.: 81%
    Major Importers: Norway, Russia, China, Canada

     
  • Copper 29 Cu 63.546
     

    Copper

    Major Uses: building construction, electric and electronic products, and transportation equipment
    Import Dependency for U.S.: 30%
    Major Importers: Chile, Canada, Peru, Mexico

     
  • Palladium 46 Pd 106.42
     

    Palladium

    Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
    Import Dependency for U.S.: 94%
    Major Importers: South Africa, Germany, United Kingdom, Canada

     
  • Silver 47 Ag 107.87
     

    Silver

    Major Uses: coins and medals, industrial applications, jewelry and silverware, and photography
    Import Dependency for U.S.: 65%
    Major Importers: Mexico, Canada, Peru, Chile

     
  • Tantalum 73 Ta 180.95
     

    Tantalum

    Major Uses: automotive electronics, pagers, personal computers, and portable telephones
    Import Dependency for U.S.: 100%
    Major Importers: Australia, China, Kazakhstan, Germany

     
  • Rhenium 75 Re 186.207
     

    Rhenium

    Major Uses: petroleum-reforming catalysts, superalloys used in turbine engine components
    Import Dependency for U.S.: 86%
    Major Importers: Chile, Netherlands

     
  • Platinum 78 Pt 195.084
     

    Platinum

    Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
    Import Dependency for U.S.: 94%
    Major Importers: South Africa, Germany, United Kingdom, Canada

     
  • Gold 79 Au 196.966
     

    Gold

    Major Uses: Jewelry and arts, electrical and electronics, dental and other
    Import Dependency for U.S.: 33%
    Major Importers: Canada, Mexico, Peru, Chile

     

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