Information
Organization's Own Description:
The Caucus serves as an informal group of Members committed to securing U.S. supply of rare earth elements, which are critical to clean energy and defense manufacturing, and to educating other Members on this subject.
China controls about 95% of global rare earths production and over the past few years it has restricted the export of rare earth elements. These elements are critical to defense manufacturing and clean energy. In particular, they are used to produce electric cars, aerospace equipment, LED bulbs, wind turbines, advanced batteries, powerful magnets, and military radar systems. Rare earth elements are also contained in iPhones and can be found in a smartphone’s screen, speakers, and circuitry. Rare earth elements are critical to American consumers and cutting-edge businesses alike. China’s monopoly on these elements and our dependence on said presents a strategic vulnerability and threatens our national security, jobs, and energy independence.
This caucus will seek to build bipartisan support to promote a strong rare earth policy that reduces our dependence on supplies from China, secures our supply of rare earth elements, promotes domestic production of rare earth elements, and supports American
jobs.
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