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Sunday, July 26, 2020 | History

2 edition of U.S. economic dependence on six imported strategic non-fuel minerals found in the catalog.

U.S. economic dependence on six imported strategic non-fuel minerals

Gary L Guenther

U.S. economic dependence on six imported strategic non-fuel minerals

report to the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 97th Congress, second session, by the Congressional Research Service, Library of Congress

by Gary L Guenther

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  • 8 Currently reading

Published by U.S. G.P.O., For sale by the Supt. of Docs., U.S. G.P.O. in Washington .
Written in English

    Subjects:
  • Mineral industries -- United States,
  • Strategic materials -- United States,
  • United States -- Commerce

  • Edition Notes

    ContributionsUnited States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization, Library of Congress. Congressional Research Service
    The Physical Object
    Paginationviii, 54 p. ;
    Number of Pages54
    ID Numbers
    Open LibraryOL14951024M

    The author discusses U.S. dependence on overseas sources of stiategic mineralsiessential to sustain its economy and defense sector. U.S. vulnerabilt to a los of access to important mineral supplies is aore pronounced now than at any time since World War Il. The uneven distribution of strategic mineral reserves and their concentration in. U.S. mineral imports —out of control? 2 The great minerals treasure 3 Policy, not geology 6 Minerals need to be mined, not undermined 8 Conclusion 10 About the authors 11 SIDEBAR 1: Japan feels the squeeze 4 SIDEBAR 2: Critical and strategic 8 FIGURE 1: U.S. nonfuel mineral net import reliance 2 FIGURE 2:File Size: KB.

    strategic vulnerabilities to both our economy and military. Mitigating these to be (i) a non-fuel mineral or mineral material essential to the economic and national security of the United States, (ii) Figure 1: U.S. Net Import Reliance for Critical Minerals8. “This dependency of the United States on foreign sources creates a strategic vulnerability for both its economy and military to adverse foreign government action, natural disaster, and other.

    Over the past six decades, many of these minerals have been sourced increasingly from outside the United States, according to the U.S. Geological Survey (USGS), an agency within the Department of the Interior (Interior). 1. USGS reports annually on the United States’ dependence on imports of nonfuel mineral -.   It is far easier to talk about energy independence than it is to achieve it. Ever since the oil embargo of and the sudden rise in prices that followed, US political leaders have called for such independence. In January , President Richard Nixon issued the following call for an end to energy imports: “At the end of this decade, in the year , the United States .


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U.S. economic dependence on six imported strategic non-fuel minerals by Gary L Guenther Download PDF EPUB FB2

Preview this item U.S. economic dependence on six imported strategic non-fuel minerals: report to the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, 97th Congress, second session, by the Congressional Research Service, Library of Congress.

substantial consequences for the U.S. economy or national security. Disruptions in supply chains may arise for any num- to monitor the criticality and import dependence of critical minerals.

The U.S. Energy Informa-tion Administration tracks uranium mineral information in a identified as the largest source of U.S. imports also have rela Cited by: 8. That number increased from 19 the previous year and 11 in Included in the list were rare earths, manganese and niobium, “which are among a suite of materials often designated as ‘critical’ or ‘strategic’ because they are essential to the economy and their supply may be disrupted.”.

See also Sheets, America's Gap in Strategic Minerals, U.S. NEWS & WORLD REP., Feb. 8,at The United States imports more than 40% of its supply for 34 of the 90 known mineral. net value of U.S. nonfuel mineral imports.

This report summarizes our analysis of the issues sur- rounding U.S. dependence on foreign suppliers for these non- fuel minerals. We made our review pursuant to the Budget and Accounting Act, (31 U. the role of nonfuel minerals in the u.s.

economy (estimated values in ) net exports of mineral raw materials gold, soda ash, zinc concentrates, etc. exports: $ billion imports: $ billion net exports: $ billion domestic mineral raw materials from mining copper ores, iron ore, sand and gravel, stone, etc.

For many mineral commodities, the United States uses more than it produces. The balance between imports, exports, and use depends on many factors. These factors include resource availability, global economic markets, social and technological changes, production costs, resource demands, and trade agreements.1 Some minerals are more abundant or more.

It is tempting to correlate the increase in mineral resource production and consumption with the increase in world population, which grew from about billion people in to the following milestones: about billion inabout billion inand more than 6 billion (6×10 9) in October However, the bulk of mineral.

Selected Readings in Mineral Economics reviews the economic principles of mineral investment activities and mining decisions. Topics range from mineral reserves and exploration to the economics of mineral projects, taxation issues, and marketing and finance. This text is.

The United States is heavily reliant on imports of certain mineral commodities that are vital to the Nation’s security and economic prosperity. This dependency of the United States on foreign sources creates a strategic vulnerability for both its economy and military to adverse foreign government action, natural disaster, and other events.

The several books of which he is author or co-author include The Mineral Foreign Trade of the United States in the Twentieth Century and The Future Supply of the Major Metals. His many articles and book chapters include several on mineral Cited by: 2.

Statement of Dr. Steven M. FortierDirector, National Minerals Information Center U.S. Geological Surveybefore theSenate Committee on Energy and Natural ResourcesonJ Good morning Chairman Murkowski, Ranking Member Cantwell, and Members of the Committee, and thank you for the opportunity to discuss the U.S.

Geological Survey’s efforts related to critical. The purpose of this report is to examine the growing U.S. dependence on four strategic minerals for which Africa is a primary source.

This is the U.S. dependence on imported minerals. In As U.S. dependence for critical strategic minerals continues to increase, the capability of the Soviet Union and its surrogates to disrupt the flow of certain key materials or to influence a third.

But according to the latest data from the U.S. Geological Survey, the U.S. is percent import dependent for at least 20 critical and strategic minerals (not including each of. Worse, the U.S.

is percent dependent on imports for 21 minerals and metals now listed as “critical minerals” by the USGS, with more than half of those imported from China. UPDATE 1-U.S. seeks to boost output of 35 minerals, reduce import reliance 3 Min Read (Adds comments from Canadian potash producer Nutrien, Aluminum Association of Canada, Rio Tinto aluminum CEO.

A “critical mineral” as defined by the Executive Order is a mineral identified to be (i) a non-fuel mineral or mineral material essential to the economic and national security of the United States, (ii) the supply chain of which is vulnerable to disruption, and (iii) that serves an essential function in the manufacturing of a product, the.

Over the past three years, a dramatic change has taken place in the world market for one key raw material, oil, whose production and reserves are heavily concentrated among the so-called developing countries of the world. Now, as part of the energy crisis, the developed countries of the world face the certain prospect of very much higher fuel costs in coming years, Cited by: 2.

The Criticality of Non-Fuel Minerals: A Review of Major Approaches and Analyses (depending on mineral deposits, import dependence) Technical availability (depending on by-product share, secondary Critical Minerals, and the U.S. Economy; The National Academies Press: Washington, DC, File Size: KB.

Inthe U.S. was dependent on foreign sources for 30 non-fuel mineral materials; of those, 6 were entirely imported to meet the nation’s requirements, with another 16 imported to meet more than 60 percent of the country’s needs.5 However, bythe U.S.

import dependence for non-fuel mineral materials more than doubled from 30 to Today minerals dominance is a key element of China’s year plan for global economic and military superiority, and for the strategic geopolitical challenge they pose to U.S.

manufacturing.Driven by economy & import dependence Do not trust market or U.S. influence Go Out Strategy-control source -UNOCAL China’s Mineral Imports to U.S. Le a. SLIDE 29 Center Strategic CSL for Leadership M Population Growth Center for Strategic Leadership U.S.

Army War College Carlisle, Pennsylvania, USA File Size: 4MB.