Companies making critical minerals would get bigger tax breaks for more materials and mining costs.
This bill would expand a tax credit for companies that produce critical minerals, making it easier to mine and process them in the U.S. It would add more minerals like copper and uranium to the list that qualify for the credit and allow companies to count the costs of extracting the raw ore. These changes would take effect after December 31, 2025.
Currently, the advanced manufacturing production tax credit applies to a specific list of critical minerals and does not explicitly cover the costs of extracting the raw ore. Metallurgical coal also receives a smaller credit of 2.5 percent. If this bill becomes law, the credit would expand to include nine new critical minerals and specific forms of phosphate. Companies would also be able to claim the costs of digging up ore for these minerals, and metallurgical coal would receive the full credit amount, all starting after December 31, 2025.
HR 8780 · 119th Congress · May 13, 2026 · AI Summary by gemini-2.5-flash · 8/10
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3 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.