HR7126-119

What This Bill Does

The SECURE Minerals Act of 2026 builds a government corporation for critical-mineral supply chains. The Strategic Resilience Reserve Corporation would receive $2.5 billion available until expended and a seven-member Senate-confirmed board representing Tribal, labor, environmental, industrial, and commercial interests. Its purposes include supporting domestic and partner-country production, processing, refining, reuse, recycling, responsible labor and environmental practices, stable prices, adequate U.S. supplies, reduced dependence on foreign entities of concern, and fair taxpayer returns. The Reserve can acquire land and storage facilities, buy or exchange critical minerals and materials, contract with authorized private intermediaries, finance projects, collect market data, assess risks and vulnerabilities across defense, energy, agriculture, transportation, health, and technology sectors, evaluate production standards including forced-labor risk, deploy financing and acquisition tools that cannot benefit foreign entities of concern, sell stored materials during shortages or to support price stability, require records, audit storage facilities, establish risk and audit committees, undergo annual independent audits and Comptroller General review, and file annual public reports with transactions, loans, sales, waivers, board operations, and performance against statutory purposes. The Board works with the Department of Energy, Department of Defense, Department of State, Director of National Intelligence, USGS, Defense Logistics Agency, OMB, and congressional committees through eligibility, national-security, audit, and reporting decisions.

Who Benefits and How

Domestic critical mineral miners, processors, recyclers, defense manufacturers, battery supply chains, energy infrastructure firms, partner-country producers, and communities seeking non-China supply chains benefit from financing, acquisitions, storage, price-stability tools, and market data. Department of Defense planners, Department of Energy officials, USGS critical-mineral list managers, Defense Logistics Agency material specialists, national security officials, and manufacturers using rare earths, batteries, magnets, medical, telecommunications, agriculture, transportation, or energy materials benefit from a structure intended to reduce vulnerable import dependence.

Who Bears the Burden and How

Federal taxpayers bear the $2.5 billion authorization and any losses from Reserve financing or acquisitions. Strategic Resilience Reserve staff, board members, authorized intermediaries, storage operators, audited private entities, project applicants, critical-mineral sellers, Department of Energy staff, Department of Defense staff, OMB reviewers, Comptroller General auditors, and companies seeking support must comply with eligibility lists, data collection, records, audits, responsible-production standards, financing reviews, transaction reporting, conflict rules, and restrictions on foreign entities of concern.

Key Provisions

• Creates the Strategic Resilience Reserve Corporation as a wholly owned government corporation.
• Authorizes $2.5 billion to support domestic and partner-country critical mineral production, processing, recycling, storage, and market stability.
• Requires a seven-member Senate-confirmed board with conflict-of-interest limits and representation of Tribal, labor, environmental, industrial, and commercial interests.
• Authorizes the Reserve to acquire minerals, storage facilities, land interests, financing tools, contracts, data systems, and private intermediary arrangements.
• Requires eligible-mineral lists, market data collection, risk assessments, production-standard assessments, annual audits, Comptroller General review, and public transparency reports.
• Blocks Reserve financing and acquisition tools from benefiting foreign entities of concern.