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Critical Material

Raw materials, like certain metals, that are vital for making advanced technologies such as electronics, electric vehicles, and defense equipment, and whose supply is at risk.

Domestic Critical Material Processing

The steps involved in refining, purifying, or recycling raw critical materials into usable forms within the United States or its territories.

Pilot Program

A temporary, experimental program designed to test a new approach or strategy before deciding whether to make it permanent or expand it.

Innovative Financial Tools

New types of financial support mechanisms, such as contracts that guarantee a minimum price for a material, used to encourage investment and stabilize markets.

Entity of Concern

A foreign company or organization that is controlled by or influenced by a foreign government whose interests regarding critical materials are seen as opposing those of the United States.

Supply Chain Vulnerabilities

Weaknesses in the network of companies, people, activities, information, and resources involved in moving a product or service from supplier to customer, which could lead to disruptions or shortages.