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Investing.com -- The U.S. government proposed adding copper and potash to its draft critical minerals list for 2025 on Monday, recognizing their importance to the economy and national security.
The draft list was released in the Federal Register by the Geological Survey, a branch of the U.S. Department of the Interior, and will be open for public comment for 30 days.
Projects involving minerals on this list, which is typically updated every three years, may become eligible for federal funding, benefit from streamlined permitting processes, or gain competitive advantages due to fees placed on imports, according to the Bipartisan Policy Center.
Secretary of the Interior Doug Burgum stated that the draft list provides a roadmap to reduce U.S. dependence on imports and expand domestic production.
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