Daniel McGroarty Testimony House Natural Resources Committee Critical Minerals Forum

That’s in addition to the materials required for renewable energy, to update and harden our National Grid – and to develop the next generation weapons platforms we depend on to keep the peace, and prevail in conflict. [...] We can take a page from the successful effort to reverse decades of dependency on foreign oil: The secret to achieving American energy independence? An “all of the above” strategy that didn’t pit one form of energy against another, but embraced oil and natural gas and coal and wind and solar and hydro, biofuels and nuclear power. [...] Extending “All of the Above” Critical Mineral Development to Federal Policy The same “all of the above” approach can be extended to the policies Congress puts in place to strengthen domestic critical mineral supply chains – and the actions the Executive Branch takes, beginning with using the tools federal law already provides. [...] For those of us who respect the power of free markets and don’t want government interfering in the market, this isn’t a case of picking winners and losers, since offtakes can be offered on a non-exclusive basis: The Government could contract with several developing producers for a priority material, executing the offtake with whichever company provides the material and meets spec. [...] American ingenuity, innovation and investment can do a lot – but the power of the private-sector can do far more if public policy sends a strong signal that Critical Minerals matter – to the Technology Revolution transforming our world and to America’s place as the leader in that transformation.