H.R. 755: Critical Mineral Consistency Act of 2025

This bill, titled the Critical Mineral Consistency Act of 2025, proposes to amend existing legislation related to the definition and management of critical minerals in the United States. Specifically, it seeks to expand the definition of "critical minerals" to include "critical materials." Here are the key elements of the bill:

1. Definition Expansion

The bill modifies the definition of "critical minerals" as outlined in the Energy Act of 2020. It specifies that critical minerals can include:

• Any mineral, element, substance, or material classified as critical by the Secretary of Energy.
• A "critical material," which is determined by the Secretary of Energy as important for various applications.

2. Process for Updating Lists

The bill establishes a clear process for updating the official list of critical minerals. Once the Secretary of Energy identifies a non-fuel mineral or material as a critical material:

• The Secretary must update the published list of critical minerals within 45 days to add this new classification.

3. Purpose of the Bill

The underlying aim of this legislation is to ensure that materials considered essential for national interests, including technologies and energy production, are recognized and properly cataloged. By including critical materials in the definition of critical minerals, the bill aims to provide more comprehensive oversight and management of resources that are vital for economic and security reasons.

4. Implications of the Bill

This bill is expected to have implications for various sectors that rely on critical minerals and materials, particularly in the fields of renewable energy, technology production, and other industries reliant on specific minerals for their operations.

Relevant Companies

• RTX (Raytheon Technologies Corporation) - This company may be affected due to its reliance on critical minerals for defense and aerospace technologies.
• TSLA (Tesla, Inc.) - Tesla's electric vehicle production requires various critical minerals, which could be impacted by changes in definitions and listings.
• NIO (NIO Inc.) - As an electric vehicle manufacturer, NIO may see effects from adjustments in critical mineral classifications.