To acquire cobalt refining capacity in the United States, and for other purposes.
Cobalt Optimizes Batteries And Leading Technologies Act of 2022 or the COBALT Act of 2022
This bill provides funding through the Defense Production Act Fund to increase stocks of domestically refined cobalt in the National Defense Stockpile. (The Defense Production Act of 1950 confers on the President a broad set of authorities to influence domestic industry in order to provide essential materials and goods needed for the national defense.)
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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