House Republican leaders are set to introduce permitting reform legislation Thursday that aims to shore up theThe Securing American Mineral Supply Chains Act, spearheaded by House Natural Resources Committee Ranking Member Bruce Westerman, R-Ark., would streamline the permitting and approval processes for hard rock mining projects across the country. Minerals such as lithium, cobalt, copper and nickel are vital for both"We're blessed with those deposits here in the U.S.
The legislation broadly aims to decrease uncertainty for companies and investors involved in mining projects."You've got mining jobs, and you've also got further processing," Westerman said. "The bill addresses obstacles that are prohibiting jobs in both of those areas." Aerial view of the largest mining pit in the world which has deposits of 84 kinds of minerals on Sept. 27, 2020, in Fuyun County, China.