On the recordMay 8, 2024
Madam Speaker, I yield myself such time as I may consume. The disastrous results of the Rosemont decision will redirect the huge amounts of capital needed to mine domestically to countries like the Democratic Republic of the Congo and Indonesia. When we choose this out-of-sight, out-of-mind mentality approach to mining, development flows to other nations with significantly lower environmental and labor standards. Indonesia, for example, is currently the world's largest nickel producer and its dominance is only expected to grow in the coming years. Indonesian mining is accomplished with sweeping deforestation and pollution, many of which are financed, again, by the Chinese Communist Party. These operations consistently ignore environmental impacts on local communities and leave the land far worse off than they found it. On the other hand, American mines, like this mine project in Nevada, adhere to the best standards in the world and are committed to restoring the land after minerals are extracted. In fact, again, mines are not even permitted until the Federal Government approves a full Mine Plan of Operations, which must include a robust plan and financial assurance for reclamation after the project is complete. Madam Speaker, this is simple. Either we do it here or we let foreign adversarial nations take over. This is a strategic national security interest. I reserve the balance of my time.





