US House Passes Bill to Strengthen Energy Security and Supply Chain Resilience

Published: Jun 12, 2026 09:16
Recently, the U.S. House of Representatives passed the H.R.7037 bill, known as the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act (DOMINANCE ACT, referred to as the "Domination Act"). The bill was jointly introduced by California Representatives Ami Bera and Young Kim, aiming to strengthen U.S. energy security and build a more resilient supply chain with trusted allies and partners.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Analysis】Slowdown in Approval Processes and Seasonal Lull Weigh on NdFeB Exports; Outlook for June Remains Weak
20 hours ago
【SMM Analysis】Slowdown in Approval Processes and Seasonal Lull Weigh on NdFeB Exports; Outlook for June Remains Weak
Read More
【SMM Analysis】Slowdown in Approval Processes and Seasonal Lull Weigh on NdFeB Exports; Outlook for June Remains Weak
【SMM Analysis】Slowdown in Approval Processes and Seasonal Lull Weigh on NdFeB Exports; Outlook for June Remains Weak
According to SMM statistics, China’s exports of NdFeB magnets totaled 4,730 tons in May 2026, marking a month-on-month decline of 7.72%. However, volumes surged by 281.84% year-on-year. The sharp YoY increase is primarily attributed to a low base effect caused by export controls in May 2025. The MoM drop, meanwhile, reflects both seasonal weakness in overseas demand and tangible changes in domestic export licensing procedures.
20 hours ago
Rare Earth Prices Surge Then Pull Back; News Disturbances Thin Trading [SMM Rare Earth Weekly Review]
21 hours ago
Rare Earth Prices Surge Then Pull Back; News Disturbances Thin Trading [SMM Rare Earth Weekly Review]
Read More
Rare Earth Prices Surge Then Pull Back; News Disturbances Thin Trading [SMM Rare Earth Weekly Review]
Rare Earth Prices Surge Then Pull Back; News Disturbances Thin Trading [SMM Rare Earth Weekly Review]
[SMM Rare Earth Weekly Review: Rare Earth Prices Surge and Pull Back, News-Driven Volatility Cools Trading] Recently, supported by reports of production cuts at scrap recycling enterprises alongside recovering downstream demand, most suppliers sharply raised their quotations and market confidence strengthened notably. On Thursday, however, renewed bearish speculation rattled the market, triggering a sharp drop in futures prices. Spot market prices for Pr-Nd oxide followed suit and pulled back. As of today, Pr-Nd oxide prices have undergone volatile adjustments to 743,000-747,000 yuan/mt.
21 hours ago
[SMM Announcement] Announcement on Revising the Quotation Method for SMM Medium-Yttrium, Europium-Rich Ore Prices
Jun 25, 2026 11:48
[SMM Announcement] Announcement on Revising the Quotation Method for SMM Medium-Yttrium, Europium-Rich Ore Prices
Read More
[SMM Announcement] Announcement on Revising the Quotation Method for SMM Medium-Yttrium, Europium-Rich Ore Prices
[SMM Announcement] Announcement on Revising the Quotation Method for SMM Medium-Yttrium, Europium-Rich Ore Prices
Jun 25, 2026 11:48