Critical Minerals Task Force

Section 604 of the Millennium Challenge Act of 2003 (22 U.S.C. 7703) is amended by adding at the end the following: (d) Critical Minerals Task Force (1) Establishment The Board of Directors shall establish in the Corporation a Critical Minerals Task Force (in this subsection referred to as the Task Force). (2) Duties The Task Force shall— (A) assess global and regional critical mineral supply chain vulnerabilities to United States economic and national security; (B) identify candidate countries in which Corporation engagement could enhance transparent, diversified, and sustainable mineral supply chains; (C) evaluate infrastructure, regulatory, environmental, labor, and governance constraints affecting mineral development and downstream processing; (D) recommend priority policy reforms and investment areas appropriate for Corporation assistance; and (E) coordinate, as appropriate, with relevant United States Government agencies, multilateral institutions, and private sector stakeholders. (3) Rule of construction Nothing in this subsection may be construed to authorize the Corporation to engage in extractive activities or to subsidize mineral production..