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00:02U.S. government is proposing its largest update yet to the critical minerals list, according to Benzinga.
00:07The update adds copper, silver, potash, silicon, rhenium, and lead, while removing arsenic and telerium.
00:12Released by the Department of the Interior and developed by the U.S. Geological Survey,
00:16the draft 2025 list would expand to 54 minerals, reflecting a shift toward securing supply chains
00:21for industries tied to national security and economic stability.
00:25The Energy Act of 2020 requires the list to be updated every three years to guide federal investments
00:30and address weaknesses in U.S. supply chains.
00:33Officials said the methodology now measures both the likelihood and economic fallout of supply disruptions
00:37across 84 commodities and 402 industries, potential benefits for domestic projects.
00:43iShares' copper and metals mining ETF closed up 0.06% and 25.20% year-to-date.
00:50For all things money, visit Benzinga.com.
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