To modify procurement requirements relating to rare earth elements and strategic and critical materials by contractors of the Department of Defense, and for other purposes.
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Summary
This bill modifies Department of Defense procurement requirements to expand disclosure obligations for rare earth elements and strategic materials in defense systems. It extends existing reporting requirements to cover advanced batteries and battery components in addition to permanent magnets, requiring contractors to identify the countries where critical materials are mined, refined, processed, and manufactured. The bill also updates definitions to specify which materials are considered "covered minerals" for battery supply chain transparency purposes.
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