Rich People Trades
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Rich People Trades

Politics

Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems

by admin July 10, 2025
July 10, 2025
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems

A Senate Republican wants to give the U.S. a leg up in its race against China and to ween the nation off of its reliance on imports of key raw materials needed for weapons systems.

Sen. Tom Cotton, R-Ark., would like to fast-track the harvesting of raw materials in the U.S. needed for the nation’s defensive capabilities, and plans to blow through federal and judicial red tape to do it.

Cotton plans to introduce legislation that would allow critical mineral mining projects deemed necessary to bolster the nation’s military and defensive readiness by Secretary of Defense Pete Hegseth to skirt environmental laws and possible blockages by the courts.

His bill is designed to give the U.S. an edge against China, the world’s largest producer of critical minerals like cobalt, lithium, graphite and other rare earth minerals used in weapons systems, electric vehicles and consumer electronics.

Currently, China produces roughly 60% of the world’s critical mineral supply, and processes up to 90%.

‘Current environmental laws put our readiness to counter Communist China at risk and waste taxpayer dollars on projects that stall out and die on the vine,’ Cotton said in a statement to Fox News Digital. ‘This bill will create jobs, better arm and prepare our soldiers, and spend taxpayer dollars more efficiently.’

Cotton’s bill, dubbed the Necessary Environmental Exemptions for Defense Act, would create a waiver for mining activities and projects related to countering China and to allow the Pentagon to ‘operate with maximum agility and efficiency to ensure it is prepared to deter and, if necessary, fight and win a conflict with the Chinese Communist Party,’ according to bill text first obtained by Fox News Digital.

Among the regulations and environmental review standards that could be skirted with the waiver are the National Environmental Policy Act, Endangered Species Act, Marine Mammal Protection Act and Federal Water Pollution Control Act.

Cotton argued in his legislation that the aforementioned regulations ‘frequently and unnecessarily delay’ the preparedness of the military without ‘substantial benefit to the environment or protected species,’ and that time is of the essence when it comes to national defense.

The projects that would fall under the umbrella of the regulation exemption include testing and production and deployment of technologies, systems or equipment and the construction, maintenance, expansion, or repair of facilities or Defense Department infrastructure, among others.

It would also prevent projects from being snarled in the courts, as long as the initiative is deemed necessary for military preparedness by the Secretary of Defense.

The bill fits into the White House’s broader plan to jump-start critical mineral mining in the country, be it through executive action, a bid to buy Greenland, a minerals agreement with Ukraine, or opening up more offshore mining in the Gulf of America.

It also comes after President Donald Trump reached a deal with Chinese President Xi Jinping to resume trade of critical minerals after shipments were stopped earlier this year following the White House’s slew of tariffs against China and other countries. 

This post appeared first on FOX NEWS

previous post
New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’
next post
DOJ lands legal victory as federal judge allows $800M in grants to be clawed back

Related Posts

Hawley urges DHS Secretary Noem to declassify all...

July 15, 2025

Supreme Court prepares to review Trump executive order...

March 30, 2026

Screaming match erupts between Hakeem Jeffries, Mike Lawler...

October 9, 2025

Israel to deploy first combat-ready laser weapon system...

October 16, 2025

Trump announces new ‘serious power’ fighter jets for...

April 30, 2025

White House turns to expanding Abraham Accords after...

October 11, 2025

Mamdani’s God Squad: The clerics, activists and political...

November 2, 2025

Trump hits EU for lack of Gaza aid,...

July 28, 2025

AOC accuses Israel of genocide in Germany where...

February 15, 2026

Bipartisan fury at CDC: Senators demand probe, reject...

August 29, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

      September 19, 2025
    • 2

      First lady Melania Trump’s new official portrait revealed

      January 28, 2025
    • 3

      American fighters are dying in Ukraine in growing numbers. Bringing their bodies home is a complex task

      January 30, 2025
    • 4

      ECOWAS pledges to ‘keep door open’ after 3 coup-hit West African nations exit regional bloc

      January 30, 2025
    • 5

      Vale Launches Strategic Review of Thompson Nickel Operations Amid Market Challenges

      January 28, 2025
    • 6

      Europe’s busiest airport is set to get bigger, as Britain green-lights tortured Heathrow expansion project

      January 30, 2025
    • 7

      DeepSeek is giving the world a window into Chinese censorship and information control

      January 30, 2025
    • Terms and conditions
    • Privacy Policy

    Disclaimer: richpeopletrades.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2026 richpeopletrades.com | All Rights Reserved