1. Short title This Act may be cited as the Critical Minerals Security Act of 2024 . 2. Definitions In this Act: (1) Covered nation The term covered nation has the meaning given that term in section 4872 of title 10, United States Code. (2) Critical mineral The term critical mineral has the meaning given that term in section 7002(a) of the Energy Act of 2020 ( 30 U.S.C. 1606(a) ). (3) Foreign entity of concern The term foreign entity of concern has the meaning given that term in section 40207 of the Infrastructure Investment and Jobs Act ( 42 U.S.C. 18741 ). (4) Rare earth elements The term rare earth elements means cerium, dysprosium, erbium, europium, gadolinium, holmium, lanthanum, lutetium, neodymium, praseodymium, promethium, samarium, scandium, terbium, thulium, ytterbium, and yttrium. (5) United states person The term United States person means— (A) a United States citizen or an alien lawfully admitted for permanent residence to the United States; or (B) an entity organized under the laws of the United States or of any jurisdiction within the United States, including a foreign branch of such an entity. 3. Reports on critical mineral and rare earth element resources (a) In general Not later than one year after the date of the enactment of this Act, and every 2 years thereafter, the Secretary of the Interior, in consultation with the heads of relevant Federal agencies, shall submit to Congress a report on all critical mineral and rare earth element resources around the world that includes— (1) an assessment of— (A) which of such resources are under the control of a foreign entity of concern, including through ownership, contract, or economic or political influence; (B) which of such resources are owned by, controlled by, or subject to the jurisdiction or direction of the United States or a country that is an ally or partner of the United States