John Garamendi: “It belongs to us, Americans, and we ought to be getting our full value. This is not an obscure or new provision. This is…”

“It belongs to us, Americans, and we ought to be getting our full value. This is not an obscure or new provision. This is the standard procedure. We actually use it for oil extraction, except in deep water. It is something that really will give us the value. Secondly, and I'll make this very, very short, the equipment used ought to be American made. There's going to be a lot of equipment, a lot of different equipment and material used; let's make that American- made. That's an amendment that will come later. But right now, deal with the royalty issues so that us Americans, all of us, 300 million, will get our share of the extraordinary value that this mine will produce.”