WASHINGTON, D.C. – National Mining Association (NMA) President and CEO Hal Quinn offered the following comment on today’s Senate Committee on Energy and Natural Resources’ examination of U.S. import dependence for minerals:
“With increasing calls to support U.S. businesses and manufacturing, a natural first step would be to support the domestically-sourced minerals that comprise the front end of our supply chain. The U.S. is home to one of the most abundant and rich minerals reserves in the world, yet we are increasingly looking abroad for the minerals and metals that comprise products bearing the ‘Made in America’ label.
“This counterproductive reality must change, and it can with a more efficient permitting process for U.S. mines and by eliminating duplicative regulations that can result in up to a decade of delays and discourage investment. Now is the time for Congress and the new administration to support policies that address the problem of import dependence and improve what is an unacceptable status quo that is failing the U.S.”