SECURE Minerals Act of 2026

Summary#

This bill creates the Strategic Resilience Reserve Corporation of the United States (the Reserve). The Reserve is a wholly owned government corporation run by a 7-member Board of Governors appointed by the President. Its stated purposes are to support domestic and partner-country production, processing, recycling, reuse, and repurposing of eligible critical minerals and materials; to help keep prices stable and markets competitive; and to support national and economic security needs.

The Reserve is authorized to buy, store, finance, and sell critical minerals and materials. It can make loans to approved private "authorized intermediaries," enter contracts, use futures and options, and make other financing investments (including limited equity investments with written justification). The Reserve may build or contract for storage facilities and may store materials in audited private facilities. It must maintain lists of eligible minerals, collect market and transaction data, run risk and vulnerability assessments, and create production standards that consider environmental and labor practices.

The Reserve may accept capital contributions from partner countries (minimum $100,000,000 each) and may form an International Advisory Council of Partners. The Reserve may sell stored minerals when the Board finds shortages or price threats, but it may not sell to a foreign entity of concern. The law requires public reporting, annual audits, biennial GAO reviews, and a public database of transactions except for information the Board deems a national security risk. The bill authorizes $2,500,000,000 to the Reserve, available until expended.

What it means for you#

• Producers and processors in the United States and approved partner countries may be eligible for financing, loans, or purchases by the Reserve if they work on eligible critical minerals and materials.
• Private firms that serve as authorized intermediaries may receive Reserve loans and must meet approval rules. Authorized intermediaries are expected to prioritize U.S. suppliers when possible.
• Companies storing materials for the Reserve must allow audits and keep records the Board requires.
• Partner countries may invest capital into the Reserve and advise through the International Advisory Council if approved.
• Taxpayers: Congress has authorized $2.5 billion to start the Reserve. The bill requires audits and reporting on Reserve operations.

Expenses#

• The bill authorizes $2,500,000,000 to be appropriated to the Reserve, to remain available until expended.
• Partner countries may make capital contributions of at least $100,000,000 each; that minimum is adjusted annually by the PCE price index.
• No publicly available information on total long-term costs, estimated budgetary impact, or additional appropriations beyond the authorized amounts in the bill text.

Proponents' View#

According to the bill's findings and purpose language, supporters say the Reserve will reduce U.S. dependence on concentrated foreign supplies, support domestic and partner-country production and recycling, protect supply chains for defense, energy, and technology, and counter market manipulation by foreign state actors. The bill says government support is needed to fill strategic gaps that private industry alone cannot address.

Opponents' View#

No publicly available information.