50 USC 98e-2 - Multiyear procurement authority for domestically processed critical minerals

U.S Code last checked for updates: May 05, 2024

§ 98e–2.

Multiyear procurement authority for domestically processed critical minerals

(a)

Authority for multiyear procurement

(b)

Application of Strategic and Critical Materials Stock Piling Act

(c)

Authority for advance procurement

(d)

Condition for out-year contract payments

(e)

Definitions

In this section:

(1)

The term “critical mineral” means a mineral determined to be a strategic and critical material under section 3(a) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98b(a)).

(2)

The term “processed” means the processing or recycling of a critical mineral or magnet, including the separation, reduction, metallization, alloying, milling, pressing, strip casting, and sintering of a critical mineral.

(3)

The term “domestic source” has the meaning given that term in section 4552 of this title.

(Pub. L. 118–31, div. A, title I, § 152, Dec. 22, 2023, 137 Stat. 180.)

cite as: 50 USC 98e-2