Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act

Bill Number

H.R. 7037

Origin Chamber

House

Congress

119th Congress, Session 2

Policy Area

International Affairs

Status

Passed House

Latest Action

2026-06-09: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Last Updated

2026-06-17T17:56:28Z

AI-Generated Summary

Purpose The legislation aims to reduce United States and partner country dependence on strategic competitors such as China for energy and critical minerals. It supports economic growth and resource development in partner countries, advances national security through diversified supply chains, strengthens cooperation with allies, and enhances the competitiveness of United States energy and mining companies.

Key Provisions

• Title I authorizes United States participation in the Minerals Security Partnership to identify and support critical mineral projects, establishes information-sharing mechanisms, creates a project database, and directs diplomatic strategies for supply chain security. It also authorizes United States membership in the International Nickel Study Group and requires a comprehensive diplomatic strategy within 180 days.
• Title II creates Energy Security Compacts as multiyear agreements with eligible partner countries to improve energy access and mineral supply chains. It establishes an Office of Energy Security Compacts led by a Director, forms an interagency Energy Security Compacts Council, sets eligibility criteria based on income and strategic importance, and requires congressional notification before agreements.
• Title III creates a new Assistant Secretary for Energy Security and Diplomacy and a Bureau of Energy Security and Diplomacy within the Department of State. It establishes a Critical Mineral Mining Fellowship Program and a Visiting Mining Scholars Program under the Mutual Educational and Cultural Exchange Act of 1961 to build workforce capacity through international exchanges.

Significant Changes to Existing Law

• Amends the Mutual Educational and Cultural Exchange Act of 1961 to add two new exchange programs focused on mining education and professional development.
• Authorizes new positions, a dedicated bureau, and interagency transfer authority for funds to agencies such as the United States International Development Finance Corporation and the Export-Import Bank.
• Establishes formal United States membership in the International Nickel Study Group and creates ongoing reporting and evaluation requirements not previously mandated for these topics.

Potential Impacts

• Government agencies: Requires coordination across the Departments of State, Energy, Commerce, Defense, and others through the new Council and Bureau, with increased staffing and resource demands at the Department of State.
• Citizens: Expands educational and professional opportunities in mining fields for United States students and scholars while potentially supporting domestic job growth in energy and mineral sectors.
• International relations: Strengthens alliances through joint projects and compacts, promotes standards for labor and environmental practices in partner countries, and aims to counter economic coercion by adversaries.

Main Stakeholders Affected

• United States federal agencies involved in foreign policy, trade, and development.
• United States private sector companies in energy, mining, and manufacturing.
• Partner and allied countries with critical mineral resources.
• Educational institutions and individuals pursuing careers in mining and related fields.
• Multilateral organizations and development finance institutions.

Notable Legal, Constitutional, or Political Implications The Act expands executive authority in foreign affairs and economic policy through new diplomatic and financing mechanisms while requiring regular congressional notifications and reports. It emphasizes interagency collaboration and market-based approaches without altering core domestic mining regulations. The focus on supply chain diversification carries implications for trade policy and foreign assistance oversight.

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Kim, Young [R-CA-40]

Cosponsors (30)

Rep. Bera, Ami [D-CA-6], Rep. Mast, Brian J. [R-FL-21], Rep. Huizenga, Bill [R-MI-4], Rep. Olszewski, Johnny [D-MD-2], Rep. Shreve, Jefferson [R-IN-6], Rep. Wittman, Robert J. [R-VA-1], Rep. Stanton, Greg [D-AZ-4], Rep. Lawler, Michael [R-NY-17], Rep. Panetta, Jimmy [D-CA-19], Rep. Titus, Dina [D-NV-1], Rep. Moore, Tim [R-NC-14], Rep. Castro, Joaquin [D-TX-20], Del. Radewagen, Aumua Amata Coleman [R-AS-At Large], Rep. Salazar, Maria Elvira [R-FL-27], Rep. Miller-Meeks, Mariannette [R-IA-1], Rep. Moolenaar, John R. [R-MI-2], Rep. Fong, Vince [R-CA-20], Rep. Vindman, Eugene Simon [D-VA-7], Rep. Case, Ed [D-HI-1], Rep. Barr, Andy [R-KY-6], Rep. Bilirakis, Gus M. [R-FL-12], Rep. Moore, Blake D. [R-UT-1], Rep. Miller, Max L. [R-OH-7], Rep. Bice, Stephanie I. [R-OK-5], Rep. Evans, Gabe [R-CO-8], Rep. Horsford, Steven [D-NV-4], Rep. Sherman, Brad [D-CA-32], Rep. Harrigan, Pat [R-NC-10], Rep. Mackenzie, Ryan [R-PA-7], Rep. Malliotakis, Nicole [R-NY-11]

Recent Actions

• 2026-06-09: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
• 2026-06-08: Motion to reconsider laid on the table Agreed to without objection.
• 2026-06-08: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3957-3964)
• 2026-06-08: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3957-3964)
• 2026-06-08: DEBATE - The House proceeded with forty minutes of debate on H.R. 7037.
• 2026-06-08: Considered under suspension of the rules. (consideration: CR H3957-3965)
• 2026-06-08: Mr. Mast moved to suspend the rules and pass the bill, as amended.
• 2026-05-13: Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 45 - 0.
• 2026-05-13: Committee Consideration and Mark-up Session Held
• 2026-01-13: Referred to the House Committee on Foreign Affairs.
• 2026-01-13: Introduced in House
• 2026-01-13: Introduced in House

Bill Versions

• Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act — issued 2026-06-08 — PDF (68 pages)
• Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act — issued 2026-01-13 — PDF (67 pages)
• Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act — issued 2026-06-09 — PDF (67 pages)