# National Defense Stockpile Market Impact Committee Request for Public Comments

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URL: https://www.frixlaw.com/law-library/documents/fr%3A99-12612

## Record

- **Collection:** Federal Register
- **Document type:** Notice
- **Published:** May 19, 1999
- **Citation:** 64 FR 27233

## Text

DEPARTMENT OF COMMERCE

Bureau of Export Administration

National Defense Stockpile Market Impact Committee Request for
Public Comments

AGENCY: Office of Strategic Industries and Economic Security, Bureau of
Export Administration, U.S. Department of Commerce.

ACTION: Notice of request for public comment on the potential market
impact of proposed disposals of excess commodities currently held in
the National Defense Stockpile.

-----------------------------------------------------------------------

SUMMARY: This notice is to advise the public that the National Defense
Stockpile Market Impact Committee seeks public comment on the potential
market impact of Department of Defense proposed new material disposal
of zirconium ore, from the Stockpile under the Fiscal Year 1999 Annual
Materials Plan (AMP). The Committee also seeks public comment on the
Department of Defense plan to increase its current disposal levels for
Vegetable Tannin Extract (Quebracho) and Thorium Nitrate under the AMP.

DATES: Comments must be received by June 18, 1999.

ADDRESSES: Written comments should be sent to Richard V. Meyers, Co-
Chair, Stockpile Market Impact Committee, Office of Strategic
Industries and Economic Security, Room 3876, U.S. Department of
Commerce, 14th Street and Constitution Avenue, NW, Washington, D.C.
20230; FAX (202) 501-0657.

FOR FURTHER INFORMATION CONTACT: Richard V. Meyers, Office of Strategic
Industries and Economic Security, U.S.

[[Page 27234]]

Department of Commerce, (202) 482-3634; or Stephen H. Muller, Office of
International Energy and Commodity Policy, U.S. Department of State,
(202) 647-3423; co-chairs of the National Defense Stockpile Market
Impact Committee.

SUPPLEMENTARY INFORMATION: Under the authority of the Strategic and
Critical Materials Stock Piling Act of 1979, as amended, (50 U.S.C. 98
et seq.), the Department of Defense (as National Defense Stockpile
Manager) maintains a stockpile of strategic and critical materials to
supply the military, industrial, and essential civilian needs of the
United States for national defense. In making disposals and
acquisitions of Stockpile materials, Defense is required by law to
refrain from causing undue market disruption, while at the same time
protecting the government against avoidable loss.

Section 3314 of the Fiscal Year (FY) 1993 National Defense
Authorization Act (NDAA) (50 U.S.C. 98h-1) formally established a
Market Impact Committee (the Committee) to ``advise the National
Defense Stockpile Manager on the projected domestic and foreign
economic effects of all acquisitions and disposals of materials from
the stockpile . . . .'' The Committee is comprised of representatives
from the Departments of Commerce, State, Agriculture, Defense, Energy,
Interior, Treasury and the Federal Emergency Management Agency and is
co-chaired by the Departments of Commerce and State.

The Committee is now considering Defense's proposed new Stockpile
material disposal level and revisions to current Stockpile material
disposal levels under the FY 1999 AMP. The new Stockpile material
listed in bold in Attachment 1 cannot be sold until Congress has
approved its disposal. It is expected that Congress will soon grant
disposal authority.

The FY 1993 NDAA directs the Committee to ``consult from time to
time with representatives of producers, processors and consumers of the
types of materials stored in the stockpile.'' In order for the
Committee to obtain sufficient information to prepare its
recommendations to Defense, the Committee hereby requests that
interested parties provide comment on the potential market impact of
the commodities identified in Attachment 1.

The attached AMP listing includes the proposed maximum disposal
quantity for each material. These quantities are not sales target
disposal quantities. They are only a statement of the proposed maximum
disposal quantity of each material that may be sold in a particular
fiscal year. The quantity of each material that will actually be
offered for sale will depend on the market for the material at the time
as well as on the quantity of material approved for disposal by
Congress.

The Committee requests that interested parties provide written
comments, supporting data and documentation, and any other relevant
information on the potential market impact of the sale of these
commodities. Although comments in response to this Notice must be
received by June 18, 1999 to ensure full consideration by the
Committee, interested parties are encouraged to submit additional
comments and supporting information at any time thereafter to keep the
Committee informed as to the market impact of the sale of these
commodities. Public comment is an important element of the Committee's
market impact review process.

Public comments received will be made available at the Department
of Commerce for public inspection and copying. Information that is
national security classified or business confidential will be exempted
from public disclosure. Anyone submitting business confidential
information should clearly identify the business confidential portion
of the submission and also provide a non-confidential submission that
can be placed in the public file. Communications from agencies of the
United States Government will not be made available for public
inspection.

The public record concerning this notice will be maintained in the
Bureau of Export Administration's Records Inspection Facility, Room
6883, U.S. Department of Commerce, 14th Street and Constitution Avenue,
NW, Washington, DC 20230, telephone (202) 482-0109. The records in this
facility may be inspected and copied in accordance with the regulations
published in Part 4 of Title 15 of the Code of Federal Regulations (15
CFR 4.1 et seq.).

Information about the inspection and copying of records at the
facility may be obtained from Henry Gaston, the Bureau of Export
Administration's Freedom of Information Officer, at the above address
and telephone number.

Dated: May 14, 1999.
Brad I. Botwin,
Acting Director, Strategic Industries and Economic Security.

Attachment 1

Proposed Revisions to Current FY 1999 AMP
[The material in bold and italic is under congressional consideration]
------------------------------------------------------------------------
Current FY Revised FY
Units 1999 1999
quantity quantity
------------------------------------------------------------------------
Thorium Nitrate.............. Lb............. 1,000,000 7,091,891
VTE, Quebracho............... LT............. 10,000 16,000
Zirconium ore (baddeleyite).. SDT............ 0 17,383
------------------------------------------------------------------------

[FR Doc. 99-12612 Filed 5-18-99; 8:45 am]
BILLING CODE 3510-33-P

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/fr%3A99-12612. Public record. Not legal advice.
