We have received text from S. 5330: Critical Mineral and Extraction Tax Parity Act. This bill was received on 2026-08-06, and currently has 1 cosponsor.

Here is a short summary of the bill:

This bill would change a federal tax credit for domestic critical mineral production. In simple terms, it would make more types of mineral production eligible for the credit, allow more mining-related costs to count toward the credit, and remove a special limit that currently lowers the credit for metallurgical coal.

What the bill changes

• Adds more minerals to the tax credit list. The bill expands the list of “critical minerals” eligible for the advanced manufacturing production tax credit to include:
  • Boron
  • Copper
  • Lead
  • Potash
  • Rhenium
  • Silicon
  • Silver
  • Uranium
  • Phosphate, but only in certain processed forms, such as phosphoric acid, high-purity phosphorus, or purified phosphate rock suitable for making phosphoric acid
• Lets some ore extraction costs count toward the credit. If a taxpayer extracts ore that is later refined into an eligible critical mineral, the bill would allow certain extraction costs to be treated as qualifying costs for the credit, as long as the refiner certifies that:
  • the ore was refined into an applicable critical mineral, and
  • the refiner sold that mineral to an unrelated buyer as part of its business.
• Limits which foreign extractions qualify. The extraction-cost change would only apply if the ore was:
  • extracted in the United States, or
  • extracted outside the United States only when the mineral type is not mined in commercial quantities in the U.S. and the ore did not come from a “foreign country of concern.”
• Prevents double counting. The bill directs the Treasury Department to write rules so the same extraction costs are not counted more than once in the credit system.
• Removes a special reduction for metallurgical coal. The bill would repeal the current rule that cuts the credit amount for metallurgical coal to 2.5 percent, meaning metallurgical coal would no longer get that reduced rate under this provision.

When it would take effect

• The added minerals would apply to minerals produced and sold after December 31, 2025 .
• The extraction-cost rule would apply to costs incurred after December 31, 2025 .
• The metallurgical coal change would also apply to minerals produced and sold after December 31, 2025 .

Practical effect

The bill would likely make the tax credit more valuable for companies involved in mining, refining, or processing the newly covered minerals in the United States. It could also benefit some producers of metallurgical coal by restoring the full credit rate instead of the reduced one. The bill does not directly create a new program; it changes how an existing tax credit works.

Relevant Companies

• FCX — Freeport-McMoRan could be affected because it is a major U.S. copper producer, and copper would be added to the list of eligible minerals.
• SCCO — Southern Copper could be affected through its copper mining and processing operations, though the extent would depend on which production qualifies under the credit rules.
• TECK — Teck Resources has copper and metallurgical coal operations; the bill could affect qualifying U.S. mineral production and the metallurgical coal credit rate.
• MP — MP Materials could be indirectly affected if downstream critical mineral processing and related credit rules influence domestic supply chains, although rare earths are not newly added here.
• CVX — Chevron could see indirect effects through mineral and energy-related supply chains, but any direct impact would likely be limited unless it has qualifying mineral operations.
• BHP — BHP’s U.S. copper and potash-related interests could be affected if its production or processing qualifies for the expanded credit.
• VII — Vectura? None found

Senator John R. Curtis Bill Proposals

Here are some bills which have recently been proposed by Senator John R. Curtis:

• S.5330: Critical Mineral and Extraction Tax Parity Act
• S.5197: State-Sponsored Visa Pilot Program Act of 2026
• S.5181: MAP Roads Act
• S.5153: Federal Trade Commission Governance Reform Act
• S.5114: PATH Act
• S.5045: Wildfire Emissions Prevention Act of 2026

You can track bills proposed by Senator John R. Curtis on Quiver Quantitative's politician page for Curtis.

Senator John R. Curtis Net Worth

Quiver Quantitative estimates that Senator John R. Curtis is worth $18.5M, as of August 12th, 2026. This is the 70th highest net worth in Congress, per our live estimates.

Curtis has approximately $4.0M invested in publicly traded assets which Quiver is able to track live.

You can track Senator John R. Curtis's net worth on Quiver Quantitative's politician page for Curtis.

Senator John R. Curtis Stock Trading

We have data on up to $7.1M of trades from Senator John R. Curtis, which we parsed from STOCK Act filings. Some of the largest trades include:

• A November 21st, 2019 sale of up to $100K of $BRK.A. The stock has risen 138.39% since then.
• A March 27th, 2020 sale of up to $100K of $BRK.B. The stock has risen 187.42% since then.
• A March 27th, 2020 purchase of up to $50K of $GOOGL. The stock has risen 519.31% since then.
• A February 2nd, 2021 sale of up to $50K of $AMZN. The stock has risen 61.11% since then.
• A December 4th, 2023 sale of up to $50K of $GOOG. The stock has risen 162.57% since then.

You can track Senator John R. Curtis's stock trading on Quiver Quantitative's politician page for Curtis.

2030 Utah US Senate Election

There has been approximately $9,326,424 of spending in Utah US Senate elections over the last two years, per our estimates.

Approximately $243,740 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

• SENATE CONSERVATIVES FUND ($124,778)
• CONSERVATIVE OUTSIDER PAC INC ($60,870)
• SENATE CONSERVATIVES ACTION ($45,766)
• PROTECT OUR WINTERS ACTION FUND ($11,645)

You can track this election on our matchup page for the 2030 Utah US Senate election.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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