; and (2) a determination made under the plan pursuant to that title that— (A) finished rare earth products and related technologies are essential to the national defense; and (B) domestic industrial capabilities are insufficient to meet those needs. (b) Coordination The President shall develop the plan of action required by subsection (a) in consultation with any relevant head of a Federal agency, an advisory committee established under section 708(d) of the Defense Production Act of 1950 ( 50 U.S.C. 4558(d) ), and appropriate stakeholders in the private sector.