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(WASHINGTON) - The National Defense Stockpile Market Impact Committee (the Committee), co-chaired by the Departments of Commerce and State, today announced it published a Federal Register Notice (65 FR 15613) requesting public comment on the potential market impact of the proposed sale by the Department of Defense (DOD) of certain excess materials from the National Defense Stockpile.
The Committee provides advice to DOD on the projected domestic and foreign economic effects of all acquisitions and disposal of materials from the Stockpile that are to be included in an Annual Materials Plan (AMP). The AMP must be approved by Congress.
The Committee is seeking public comment on the potential market impact of the DOD proposed revisions to the disposal levels for columbium concentrates, mica (All Forms), palladium, tantalum minerals, and sebacic acid for Fiscal Year 2000 and proposed Fiscal Year 2001 AMPs. Public comment on these proposed revisions, reprinted in Attachment 1 (see attachment), must be received by April 24, 2000 to ensure full consideration by the Committee.
The material quantities listed in Attachment 1 are the proposed maximum disposal quantities for each material that may be sold in a particular fiscal year. They are not sales target disposal quantities. The actual quantity of each material offered for sale will depend on the market for the material at the time of the offering as well as on prior Congressional approval.
Under the authority of the Strategic and Critical Materials Stock Piling Act, as amended, DOD maintains a stockpile of strategic and critical materials to supply the military, industrial, and essential civilian needs of the United States for national defense. In selling and acquiring Stockpile materials, DOD has a statutory obligation to refrain from causing undue market disruption, while at the same time protecting the U.S. Government against avoidable loss.
To obtain a copy of, or more information about, the Federal Register Notice, please contact either Richard V. Meyers, Office of Strategic Industries and Economic Security, U.S. Department of Commerce, Tel: (202) 482-3634, FAX (202) 482-5650, or e-Mail RMEYERS@bxa.doc.gov; or Stephen H. Muller, Office of International Energy and Commodity Policy, U.S. Department of State, Tel.: (202) 647-3423 or FAX: (202) 647-8758; (co-chairs of the National Defense Stockpile Market Impact Committee).
Material |
Units |
Current FY 2000 and Proposed
|
Revised FY 2000 and Proposed
|
|---|---|---|---|
| Columbium |
LB Cb |
FY 2000 200,000 |
375,000 |
| Mica (All Forms) |
LB |
2,260,000 |
4,000,000 |
| Palladium |
TR Oz |
200,000 |
300,000 |
| Sebacic Acid |
LB |
400,000 |
600,000 |
| Tantalum Minerals |
LB Ta |
200,000 |
300,000 |
In April of 2002 the Bureau of Export Administration (BXA) changed its name to the Bureau of Industry and Security(BIS). For historical purposes we have not changed the references to BXA in the legacy documents found in the Archived Press and Public Information.