Democrats Criticize Biden Mining Reform Proposals as Restricting U.S. Production and Boosting China Reliance

Democratic senators criticize Biden administration report with policy recommendations to modernize mining regulations.

Senators argue some proposals like new taxes would restrict critical mineral production and boost reliance on China.

Report recommends replacing current mining claim system with federal leasing program and royalties.

Additional proposals include a tax on displaced mining material and higher royalty rates.

Mining industry argues some proposals will hamper domestic mining and force more reliance on questionable foreign sources.