SECURE Minerals Act of 2026

The Securing Essential and Critical U.S. Resources and Elements Minerals Act of 2026, or the SECURE Minerals Act of 2026, establishes the Strategic Resilience Reserve Corporation of the United States as a wholly owned government corporation. Its primary purpose is to foster a free, fair, and competitive market for critical minerals and materials, supporting domestic and partner country production, processing, and recycling capabilities. The bill explicitly aims to reduce the United States' vulnerability to supply disruptions and economic manipulation by countries like the People's Republic of China, which currently dominates global critical mineral supply chains. The Reserve is tasked with ensuring that the production rate of each critical mineral or material from domestic and partner country sources meets or exceeds 25 percent of end-use consumption, while the dependence rate on foreign entities of concern is kept below 75 percent. It prioritizes domestic projects, recycling initiatives, and projects for minerals with a 100 percent dependence rate. An initial appropriation of $2,500,000,000 is authorized to fund the Reserve's operations. A seven-member Board of Governors , appointed by the President with Senate consent, will oversee the Reserve. Members must possess significant expertise in commodities, finance, or critical minerals, and are subject to strict conflict-of-interest rules. The Board is responsible for developing bylaws, establishing policies for financing and acquisition, approving budgets, and ensuring the Reserve operates consistently with its statutory purposes. The Reserve will identify eligible critical minerals and materials based on existing government lists and criteria related to supply chain vulnerability and necessity for national security or economic stability. It will establish a Division of Data Collection to gather comprehensive global market data and a Division of Risk and Vulnerability Evaluation to assess threats and risks in critical mineral markets. These divisions will inform the Reserve's strategies and biennial risk assessments. To support its objectives, the Reserve can deploy various financing and acquisition tools, including loans to approved authorized intermediaries , direct acquisitions, and non-recourse lending to projects. These tools are explicitly prohibited from benefiting foreign entities of concern. The Reserve will also establish a Division of Production Standards to evaluate environmental and labor practices in critical mineral production globally. The Reserve may sell critical minerals or materials from its stock if a supply shortage threatens national security, economic stability, or price stability, or if the sale otherwise supports the Reserve's purposes. Minerals no longer deemed critical can also be sold or transferred for research. Partner countries may make capital contributions to the Reserve, which will be managed in separate accounts, and an International Advisory Council of Partners may be established to provide consultation. Administrative provisions grant the Reserve corporate powers necessary for its operations, including the ability to enter contracts, acquire property, and manage its finances. Oversight is ensured through the establishment of risk and audit committees, an annual independent audit of financial statements, and a biennial review by the Comptroller General of the United States. The Reserve is also required to submit annual reports and maintain a publicly available database of transactions, with provisions for protecting sensitive national security information.