The Way Forward for North American Critical Mineral Security and Resiliency

How can a renewed USMCA create a stronger and more resilient regional mineral supply chain? Silverado’s new report, “The Way Forward on North American Mineral Security and Resiliency,” sets out a detailed, step by step trade roadmap for North America.

In the report, Silverado outlines four categories of recommendations:

1. Establishing a USMCA Sectoral Annex on Critical Minerals
2. Fortifying the North American Supply Chain
   • Implement Coordinated Tariff Treatment for Mineral Feedstock, Inputs, and Equipment
   • Explore Coordinated Sourcing Incentives for USMCA-Sourced Minerals
   • Create a Framework for a High Standards-Based Market Based on Real Costs
   • Minimum Investment, Offtake Agreements, and Prioritized Financing and Investment
   • Create a North American Resilient Reserve for Strategic Defense Critical Minerals
3. Countering China
   • Joint Action on Combatting Forced Labor for Select Critical Minerals
   • Establish a Trilateral Early Warning System for Critical Mineral Supply Disruptions
   • Establish a Trilateral Outbound Investment Screening Mechanism for Critical Minerals
   • Establish a North American Economic Security Council for Sanctions and Export Control Alignment
   • Jointly Invest in Third Country Mineral-Rich Regions
4. Promoting a North American Mineral Recovery and Recycling Initiative
   • Develop North American Mineral Recovery and Recycling Principles
   • Establish a North American Strategic Mineral Recovery and Recycling Initiative
   • Refine HTS-10 Digit Breakouts to Better Track Flow of Minerals in "Waste and Scrap"