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This bill establishes the Strategic Resilience Reserve Corporation of the United States, a wholly owned government corporation, to support stable and competitive markets for critical minerals and materials, bolster domestic and partner country supply chains, and protect U.S. economic and national security. It creates a board of governors and several divisions to identify eligible minerals, collect market data, assess risks, set production standards, and provide financing, acquisition, and sale authority for critical minerals and materials, with oversight and transparency requirements.
Title I, Establishment and Board of Governors: Creates the Strategic Resilience Reserve Corporation as a government corporation with a 7-member board of governors appointed by the President with Senate confirmation, representing Tribal, labor, environmental, industrial, and commercial interests. The board includes a Chairperson and Vice-chairperson serving 4-year terms.
Title II, Duties and Authorities of the Reserve: Grants the Reserve broad authorities including acquiring land and facilities, storing critical minerals, contracting with private entities, and partnering with federal agencies. The Reserve must maintain a list of eligible critical minerals based on existing federal lists and its own vulnerability assessments. It establishes a Division of Data Collection to gather global market data, a Division of Risk and Vulnerability Evaluation to assess market threats, and a Division of Production Standards to evaluate environmental and labor practices. The Reserve may provide financing and acquisition tools, excluding foreign entities of concern, and may sell stored minerals during supply shortages or to support its purposes.
Title III, Administrative Provisions: Grants the Reserve corporate powers including contracting, leasing property, hiring personnel, and indemnifying directors. The Board may require recordkeeping and audit storage facilities.
Title IV, Oversight and Accountability: Requires the Reserve to establish risk and audit committees within one year. An independent annual audit of financial statements must be made public, and the Comptroller General must conduct a biennial review. The Board must submit an annual report to Congress and the President, and the Chairperson must testify before relevant committees. A public database of all transactions must be maintained.
Summary of the bill text as introduced in Senate (Jan 15, 2026), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.
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Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.