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Blake D. Moore
Republican·Utah

Congressman Blake Moore Introduces Legislation to Strengthen Critical Mineral Supply Chains

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The Critical Mineral and Extraction Tax Parity Act bolsters domestic critical mineral supply chains by updating the list of minerals eligible for the 45X Advanced Manufacturing Tax Credit to mirror the U.S. Geological Survey’s 2025 List of Critical Minerals and ensure extraction costs are eligible activities under the credit. Rep. Moore's Ways and Means Committee colleagues, Representatives Vern Buchanan (R-FL), Mike Carey (R-OH), Max Miller (R-OH), and Aaron Bean (R-FL) cosponsored this legislation. “Critical minerals are a crucial component of American everyday life. They’re used for everything from electronics to energy production, medical devices and treatments, and the defense technology that keeps our military the best in the world," Rep. Moore said. "Many of these minerals can be extracted right here in the United States, and even better, in Utah. I am proud to introduce the Critical Mineral and Extraction Tax Parity Act to update our tax code to incentivize domestic mining and processing of all 60 USGS critical minerals. Promoting a domestic critical mineral supply chain is not only important to the U.S. economy, but it is also essential to our national security.” “Congressman Blake Moore’s Critical Mineral and Extraction Tax Parity Act is a timely and strategic step toward strengthening America’s domestic supply chains and reducing reliance on foreign sources for minerals essential to our economic and national security. By aligning the 45x tax credit with the U.S. Geological Survey’s critical minerals list and recognizing extraction as a qualifying activity, this legislation ensures that U.S. producers can compete on a level playing field. In Utah—where we responsibly mine many of the minerals incorporated into the bill including copper, uranium, phosphate, potash, silver, lead, and rhenium—these updates will help unlock investment, accelerate project development, and reinforce Utah’s leadership role in pursuing our nation’s minerals and energy dominance agenda,” said Brian Somers, President, Utah Mining Association. "The Critical Mineral and Extraction Tax Parity Act positions Utah as a stronger, more reliable partner in global trade. From energy and aerospace to defense and emerging technologies, critical minerals are foundational to the industries shaping the future economy. Strengthening domestic supply chains creates new opportunities for Utah companies to lead, innovate, and compete globally," said Jonathan Freedman, president and CEO, World Trade Center Utah. "A secure and robust domestic supply chain is the bedrock of America's aerospace and defense leadership. The Critical Mineral and Extraction Tax Parity Act introduced by Representative Moore is a vital step forward for our industrial base. This legislation ensures we can competitively source the elements necessary for next-generation aviation, defense and space technologies. Furthermore, by bringing tax parity to domestic ore extraction costs and explicitly excluding foreign countries of concern, this bill directly fortifies our national security. 47G strongly supports this effort to onshore our critical supply ch

Source: https://blakemoore.house.gov/media/press-releases/congressman-blake-moore-introduces-legislation-to-strengthen-critical-mineral-supply-chains
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