H.R. 10395
Creates pilot program for domestic critical material processing
Sets up a Department of Energy pilot program to support at least 3 projects that process or recycle critical materials in the United States, with up to $750 million authorized.
- Supports at least 3 projects that process or recycle raw critical materials
- Covers at least 3 different materials, with no single one getting over half the funds
- Uses tools like price floors and advance purchase contracts to draw private investment
- Program ends within 5 years; a results study is due 2 years after that
In committee