US SB3659

Establishes the Strategic Resilience Reserve Corporation as a wholly owned government corporation to secure critical mineral and material supply chains, with $2.5 billion in authorized funding and a 7-member board of governors appointed by the President for staggered 14-year terms

Creates financing tools including loans to authorized intermediaries, direct acquisitions, non-recourse lending, and equity investments to support domestic and partner country production, processing, and recycling of critical minerals, with preferential terms available for U.S. and allied suppliers

Requires the Reserve to maintain production rates of at least 25% from domestic and partner countries and dependence rates of no more than 75% from China and other covered countries at each stage of the supply chain

Establishes three internal divisions for data collection, market risk assessment, and production standards to monitor global critical mineral markets, evaluate supply chain vulnerabilities, and assess environmental and labor practices of producers

Authorizes partner countries (NATO members, major non-NATO allies, and strategic partners) to make capital contributions of at least $100 million for co-investment, and permits the Reserve to sell stockpiled minerals during supply shortages threatening national security or price stability