Dems blast Biden admin for efforts to crack down on critical mineral production: 'Hurt the mining industry'

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 87%

Business News News

Democrats are criticizing President Biden over his administration's effort announced Tuesday to add more stringent environmental protections to the mining industry.

Gov. Doug Burgum, a 2024 GOP presidential candidate, shares more about his campaign for the White House ahead of the first Republican debate on Fox News.on critical mineral production needed for green energy technologies.

"Unfortunately, these recommendations to impose new taxes and change the mining claims process would make it harder to create new mining projects in the United States at a time when too many companies are sourcing these minerals from communist China," Cortez Masto said. "We need lithium and other critical minerals to drive our clean energy industry, and I will continue to make sure any changes to mining policy work for the tens of thousands of Nevadans powering this industry.

"We must focus on strengthening our domestic energy supply chains and moving away from our reliance on foreign adversaries for critical minerals. I’ll keep fighting for regulations that support Nevada’s mining industry and the good-paying jobs it creates in an environmentally-sustainable way." Among the policies, the IWG report recommends a federal leasing program for critical mineral deposits, replacing the current system in which mining companies are able to freely stake claims.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines