Critical Materials Act of 1982

Critical Materials Act of 1982 - Establishes a Council on Critical Materials under the Executive Office of the President to: (1) advise the President on national policy concerning critical materials; (2) coordinate Federal policies and activities concerning such materials; (3) evaluate Government activities according to the policy and directions provided under the National Materials and Minerals Policy, Research and Development Act of 1980; and (4) oversee and coordinate materials research and development programs of Federal entities.

Sets forth duties of the Council's executive director which include: (1) cataloging materials research and development activities of public and private institutions; (2) evaluating the critical materials needs of basic industry and the Government; (3) initiating studies to resolve national critical materials problems; (4) issuing a biennial report providing a domestic inventory of critical resources with projections on the needs for such resources; and (5) recommending necessary changes in policies, regulations, and legislation to Congress.

Authorizes appropriations.