Policy Impact Analysis - 117/HR/8904

Bill Overview

Title: To require the Secretary of Defense to develop a strategy for further collaborating with allies and partners of the United States regarding access to strategic and critical minerals, and for other purposes.

Description: This bill requires the Office of the Under Secretary of Defense for Acquisition and Sustainment of the Department of Defense (DOD) to brief Congress on the feasibility of expanding the cooperation between DOD and allies and partners of the United States regarding critical minerals. Additionally, DOD must submit a strategy for expanding the collaboration between DOD and allies and partners of the United States to strengthen the supply chains for critical minerals and address the risks to such supply chains.

Sponsors: Rep. Slotkin, Elissa [D-MI-8]

Target Audience

Population: Individuals in industries related to critical and strategic minerals

Estimated Size: 300000

Reasoning

Simulated Interviews

Supply Chain Manager (San Francisco, CA)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • The policy might streamline supply processes through enhanced cooperation with allies.
  • It could make sourcing minerals more reliable, reducing supply chain disruptions.
  • This would positively affect job stability and workload management.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 5
Year 5 8 5
Year 10 9 4
Year 20 8 4

Automotive Engineer (Detroit, MI)

Age: 34 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 12/20

Statement of Opinion:

  • Improved supply chain security could enhance production consistency for EVs.
  • Policy could spark innovation in material sourcing and new technological development.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 5
Year 5 9 5
Year 10 9 4
Year 20 9 4

Mining Operations Director (Phoenix, AZ)

Age: 51 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • The policy could stabilize exports by improving international cooperation.
  • Might result in increased operational efficiency and investment in the mining sector.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 4
Year 10 9 4
Year 20 7 3

Software Developer (Seattle, WA)

Age: 29 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 14/20

Statement of Opinion:

  • Policy changes might indirectly secure the supply of components for tech companies.
  • Could lead to cost reductions, ultimately benefiting consumers and companies alike.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 7
Year 5 8 7
Year 10 9 6
Year 20 8 6

Financial Analyst (New York, NY)

Age: 40 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 11/20

Statement of Opinion:

  • The policy could reduce market volatility, enhancing investment opportunities.
  • Might increase transparency and security in the minerals market.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 6
Year 5 9 6
Year 10 9 5
Year 20 8 5

Retired Military Officer (Chicago, IL)

Age: 60 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • Improving strategic mineral supply chains would enhance national security.
  • Long-term allies could strengthen ties, enhancing collaboration beyond minerals.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 9 5
Year 5 9 5
Year 10 9 5
Year 20 9 5

Geologist (Houston, TX)

Age: 25 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • The policy might increase demand for geologists and environmental assessments.
  • Could pressure regulation alterations, impacting environmental standards.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 6
Year 10 8 6
Year 20 8 6

Policy Advisor (Salt Lake City, UT)

Age: 39 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • This policy could streamline coordination efforts, improving professional efficiency.
  • The strategy might lead to policy shifts that require adaptation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 5
Year 5 8 5
Year 10 9 4
Year 20 8 4

International Trade Specialist (Miami, FL)

Age: 47 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 9/20

Statement of Opinion:

  • Closer coordination could lead to smoother trade operations.
  • Potential to influence U.S. international trade policies positively.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 6
Year 5 9 6
Year 10 9 5
Year 20 8 5

Environmentalist (Anchorage, AK)

Age: 55 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • The policy needs sustainable commitments to be persuasive.
  • Environmental consequences must be weighed against strategic mineral benefits.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 4
Year 10 7 4
Year 20 7 4

Cost Estimates

Year 1: $10000000 (Low: $8000000, High: $12000000)

Year 2: $10500000 (Low: $8400000, High: $12600000)

Year 3: $11025000 (Low: $8820000, High: $13230000)

Year 5: $12155000 (Low: $9724000, High: $14586000)

Year 10: $14884806 (Low: $11907845, High: $17861767)

Year 100: $252736664 (Low: $202189331, High: $303283997)

Key Considerations