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The Critical Minerals America Needs Are in Your Junk Drawer | Opinion

The Critical Minerals America Needs Are in Your Junk Drawer | Opinion

Summary

The U.S. government signed Executive Order 14415 in July 2026 to reduce dependence on foreign sources for critical minerals used in defense and technology. The order aims to secure supply chains by restricting materials from rival countries and encouraging tracing of materials back to their origins. America has many critical materials stored in old electronics, which could help support industrial and military needs.

Key Facts

  • Executive Order 14415 was signed on July 20, 2026, to protect U.S. supply chains for critical minerals.
  • The Department of War will restrict waivers for materials sourced from adversary countries starting January 1, 2027.
  • Defense and aerospace contractors must trace materials and components to their raw sources.
  • Old electronics in homes and offices contain valuable minerals like copper, gold, and rare earth elements.
  • China controls about 90 percent of global rare earth refining and most strategic mineral processing.
  • Beijing’s 2025 export restrictions caused immediate impacts on industries like auto and electronics.
  • Mining alone cannot meet the demand for critical minerals quickly enough for U.S. needs.
  • JPMorgan pledged $24 million to support maritime businesses and workforce development related to industrial growth.
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