Senate Tax Bill Includes Metallurgical Coal Subsidy

July 2, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Senate's budget bill, while accelerating the phaseout of production tax credits for renewable energy, would add a subsidy for the production of metallurgical coal (met coal), which was added to the U.S. list of critical minerals in May. While most critical minerals on the list are used in technological fields such as defense systems, computing and data centers, and automobiles, met coal, used to produce steel, doesn't fit this category, although other metals in steel manufacturing such as zinc and nickel also are on the list. However, while a majority of zinc and nickel used in the U.S. is imported, as are many of the other minerals that comprise the list, most met coal produced in the U.S. is exported to other countries.