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Pentagon Creates Board to Secure Critical Materials Supply

The US Department of Defense announced Monday the creation of a new advisory board to strengthen its access to critical materials and minerals essential for defense capabilities.

The Strategic and Critical Materials Board of Directors, established as a non-discretionary federal advisory committee under the Stock Piling Act, will advise the Under Secretary of Defense for Acquisition and Sustainment on securing supply chains and bolstering the National Defense Stockpile.

Dr. Laura Taylor-Kale, Assistant Secretary of Defense for Industrial Base Policy, who will chair the board, emphasized the importance of collaboration across sectors. “This Board will convene leading experts across industry and the federal government to inform the Department’s efforts to ensure secure and resilient access to the materials and minerals that underpin key defense capabilities,” she said.

The board’s membership will draw from multiple federal departments including Defense, Energy, State, Commerce, and Interior, along with representatives designated by the Armed Services Committees of both chambers of Congress.

The Department expects to appoint members and conduct its first meeting later this year.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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