*
List a blueprint for US push to secure supplies
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Copper vital for electric vehicles, power grids, data
centers
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Met coal aligns with Trump's fossil fuel support
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List includes uranium for reactors and fertilizer minerals
(Adds Rio Tinto statement in paragraph 17)
By Jarrett Renshaw, Ernest Scheyder and Timothy Gardner
Nov 6 (Reuters) - The Trump administration on Thursday
added 10 minerals to a list it deems essential for the U.S.
economy and national security, including copper, vital to
electric vehicles, power grids, and data centers, and
metallurgical coal, used to make coke fuel for steel production.
The Interior Department's critical minerals list guides
federal investments and permitting decisions and helps shape the
government's broader minerals strategy.
The administration is expanding the list amid efforts to
boost domestic mining and cut reliance on imports, particularly
from economic rival China.
LIST GUIDES FEDERAL INCENTIVES
The list serves as a blueprint for Washington's push to
secure supplies of materials needed for defense, manufacturing,
and clean energy technologies. It determines which projects
qualify for federal incentives, informs national stockpiling and
research priorities, and signals to private investors where the
government sees long-term strategic value.
Officials and industry leaders say strengthening domestic
production could help insulate the U.S. from potential supply
shocks or export restrictions imposed by competitors like China,
which dominates global refining of many critical minerals.
Doug Burgum, the interior secretary, said the expanded list
"provides a clear, data-driven road map to reduce our dependence
on foreign adversaries, expand domestic production and unleash
American innovation."
The new list also includes uranium, which is enriched to
fuel nuclear reactors, boron, lead, phosphate, potash, rhenium,
silicon, and silver.
Environmentalists slammed the move. Cameron Walkup, of
Earthjustice Action, said the administration was ignoring
economics, violating the law and opening the door for agencies
to rubber-stamp projects with insufficient protections for
communities from pollution. "Instead of prioritizing corporate
profits, we should focus on real solutions to meet our mineral
supply chain needs by rapidly scaling up reuse and responsible
recycling of critical minerals and updating our mining laws."
Potash and phosphate are used as fertilizers to grow crops
around the world. "These are two minerals where stable supplies
are absolutely necessary to fill our plates and feed our
communities," said Corey Rosenbusch, CEO of The Fertilizer
Institute.
Potash was on an original 2018 list, but neither phosphate
nor potash was included when it was updated in 2022, the
institute said.
U.S. COPPER OUTPUT LESS PROFITABLE
Copper is used widely across the global economy in power
generation, electronics and construction.
Freeport-McMoRan ( FCX ), the largest U.S. copper producer
with seven mines and controls of one of the country's two
smelters, said this year it could generate more than $500
million annually in tax credits tied to the 2022 U.S. Inflation
Reduction Act if the red metal were declared critical. The
Phoenix-based company was not immediately available to comment
on Thursday.
The average grade, or percentage of copper in rock deposits,
in Freeport's U.S. mines is lower than elsewhere, boosting costs
and making the U.S. the company's least profitable region. That
fact largely explains why Freeport pushed for the designation.
"We're not looking for handouts, but if the government is
trying to incentivize domestic (copper) production, it's
important to recognize that the U.S. doesn't have the same
grades that we have internationally," Freeport CEO Kathleen
Quirk told Reuters in March.
Rio Tinto, which operates the other U.S. copper
smelter, send the new list "sends a clear signal that America is
committed to building resilient supply chains for the
technologies that will define our future."
Putting met coal on the list aligns with President
Donald Trump's support of fossil fuels. Some U.S. met coal mines
have shut in recent months amid ample supply and a reduction in
exports to China, which put an additional 15% tariff on imports
of U.S. coal this year.
Rich Nolan, president and CEO of the National Mining
Association, said it will continue to seek the expansion of the
list to "ensure that the U.S. has the abundant domestic
resources it needs, when it needs them."