Jim Kennedy – Department of Defence Blocked Solution to Rare Earth Crisis TEAC 6


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US-Weapons-Chinese-KennedyDOWNLOAD FILE

Federal Law requires that all U.S. defense systems be built with U.S. or allied components. The reality is that nearly every defense system in the U.S. arsenal is 100% reliant on China for rare earth materials and components. Even the small quantity of heavy rare earths mined in United States are shipped to China for processing. Solution: S. 2006 “The National Rare Earth Cooperative Act”. Bill S. 2006 was introduced as a standalone Bill in February 2014. Jim: “On May 19, shortly after a well-received bi-cameral Congressional Briefing to Armed Services and Natural Resource staff, we were informed that the DoD had taken direct action to kill this bill.” “We are now looking for a champion in Congress who is willing to force the defense industry to comply with the law.”