On the recordMay 1, 2024
I want to take on some of these arguments to make sure that folks understand the broader context in which American mining and manufacturing occurs. First of all, we just heard some claims that these mining companies can't figure out how to get their mines permitted. Well, I hate to inform my colleagues across the aisle, but most of our companies these days are multibillion-dollar, multinational companies that spend literally millions of dollars a year to lobby Federal, State, and local entities and to employ folks to navigate these processes. These are not entities that are struggling to figure out processes. Secondly, the United States has not disallowed mining. There are many mines in operation. If my friends across the aisle would like to visit New Mexico, I can take you to one of the largest copper mines in North America. There is lots of mining happening in the United States. It is true that up until the 1990s, we were a net exporter of critical minerals here in the United States. What caused American production to tank was not laws and regulations; it was global commodity prices, just like oil and gas. What happens when there is international competition is that local entities cannot compete because of competitiveness on the global commodities market. We are all for American competition. We are all for Made in America.…
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