A few weeks ago, Rep. Mark Amodei (R-Nev.) introduced H.R. 4402, the National Strategic and Critical Minerals Production Act of 2012, which will allow the United States to more efficiently develop our nation’s strategic and critical minerals that are vital to job creation, American economic competitiveness and national security. The bill aims to streamline the permitting process to leverage our nation’s vast mineral resources, while also paying due respect to economic and environmental concerns.
Tomorrow, the House Committee on Natural Resources will vote on Rep. Amodei’s bill. This is a real step toward solving the massive permitting delays that have put the U.S. at a competitive disadvantage versus the rest of the world. The current minerals mining permitting process in the U.S. takes as long as it does in Papua New Guinea. Meanwhile, countries like Australia and Canada have implemented efficient and well-reasoned processes that are driving investment in those nations over the U.S.
Read More »