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Committee advances $11 million loan plan to spur critical‑minerals production, SB 187 moves forward
Summary
Senators advanced SB 187, which would provide a short-term $11 million loan from a throughput infrastructure fund to help restart or speed production of critical minerals—such as fluorspar and gallium—saying the work supports economic and national-security goals.
Senate Bill 187 would direct a state throughput infrastructure loan of $11 million to help accelerate production of critical minerals in Utah, sponsors said, and the committee voted to recommend the bill favorably.
Senator Hankins and other supporters framed the bill as a short-term, repayable loan (not a grant) intended to jump-start facilities that are close to production and to reduce…
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