WASHINGTON, DC – Today, GreenMet Founder, President, and CEO Drew Horn testified before the full House Science, Space, and Technology Committee during a hearing entitled, “The Role of Federal Research in Establishing a Robust U.S. Supply Chain of Critical Minerals and Materials.”
During the hearing, Horn underscored the important role federal funding plays in strengthening and expanding the domestic critical mineral supply chain, but highlighted the need to ensure those dollars are funding research across the entire mineral supply chain.
“In the context of critical mineral supply chain, not all minerals or elements are of equal priority to our national agenda. Federal research dollars must be allocated towards those projects that achieve our economic, energy and national security needs,” said Horn.
Horn also touched on the impact of the Inflation Reduction Act’s advanced manufacturing tax credits, noting the decision to include critical minerals was a “step in the right direction,” but more work remains.
“By directing applied research funds further upstream, the U.S. can continue to bolster its capabilities in mining, processing, refining, and metallurgy – all the steps that lead to TRUE domestic manufacturing,” said Horn...”I urge the Committee to fully consider that we can develop our own superior US capabilities in this sector.”