To amend the Internal Revenue Code of 1986 to designate copper as an applicable critical mineral and to include ore extraction costs for purposes of the advanced manufacturing production credit.
About This Bill
Committee
Latest Action · April 14, 2026
Referred to the House Committee on Ways and Means.
This bill makes two changes to the federal tax code to support domestic copper production. First, it designates copper as an "applicable critical mineral" eligible for the advanced manufacturing production credit, a tax incentive that rewards domestic production of critical minerals needed for clean energy and technology. Second, it allows companies that extract copper ore to count their extraction costs toward the credit, provided the ore is refined into copper in the United States and the refiner sells the finished product to an independent buyer. The bill includes protections to prevent double-counting of expenses and generally restricts the benefit to copper mined in the United States, though foreign ore can qualify if it is not commercially available domestically and does not come from countries of concern. Both provisions take effect for minerals and costs after December 31, 2025, and the bill was introduced in April 2026 by Representatives Schweikert and Carey.
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