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The defense industrial base relies on basic materials like critical minerals and rare earth elements. The problem is many of these materials come from China and, to a lesser extent, Russia.

  • There has been a “drastic reduction” in the National Defense Stockpile, a federally owned stockpile of these minerals, since 1952, said Defense News Congress Reporter Bryant Harris.
  • He said Congress has authorized many sell-offs of the stockpile over the years to help fund other programs but is realizing that was a bad idea.
  • Congress is looking at allocating more money for the stockpile and establishing more regular appropriations to bolster it, Harris said.

Watch the full interview for more:

SEE ALSO | Reducing reliance on China for rare earth minerals

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July 2022
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