Minerals Security Partnership
The Minerals Security Partnership (MSP) is a transnational association whose members seek to secure a stable supply of raw materials for their economies.[1] The MSP is composed of 14 countries and the EU: Australia, Canada, Estonia, Finland, France, Germany, India, Italy, Japan, Norway, South Korea, Sweden, the United Kingdom, the United States, and the European Union.[2][3] Members profess a commitment to high Environmental, social, and corporate governance (ESG) standards.[4]
History
[edit]According to the inaugural announcement made at the Prospectors and Developers Association of Canada convention in June 2022,[5][6] the goal of the MSP "is to ensure that critical minerals are produced, processed, and recycled in a manner that supports the ability of countries to realize the full economic development benefit of their geological endowments."[7]
India was inducted into the MSP in June 2023.[8] Estonia joined the MSP in early March 2024.[9]
Activities
[edit]The governments of Angola, Botswana, the Democratic Republic of Congo, South Africa, Tanzania, Uganda and Zambia met with the MSP members at Investing in African Mining Indaba on 7 February 2023.[4]
Criticisms
[edit]The head of the Alaska Miners Association on 1 November 2022 said that "I worry that the MSP will prompt decision makers within the federal administration to prioritize mining in other countries in an attempt to walk a line between getting the minerals we must have but not developing ones in America under the name of conservation."[7]
References
[edit]- ^ "Minerals Security Partnership MEDIA NOTE". US Department of State. 14 June 2022. Archived from the original on 5 May 2023. Retrieved 5 May 2023.
- ^ "Minerals Security Partnership".
- ^ "Minerals Security Partnership". IEA. 27 October 2022. Archived from the original on 5 May 2023. Retrieved 5 May 2023.
- ^ a b PARKER, DARREN; DE BRUYN, CHANEL (8 February 2023). "Minerals Security Partnership advocates for ESG in critical minerals mining". CREAMER MEDIA (PTY) LTD. Mining Weekly. Archived from the original on 2023-05-05. Retrieved 2023-05-05.
- ^ MCDONALD, LISA (10 August 2022). "Video: Minerals Security Partnership advances multinational commitment to bolstering critical mineral supply chains". The American Ceramic Society. Archived from the original on 5 May 2023. Retrieved 5 May 2023.
- ^ Home, Andy (30 June 2022). "U.S. forms 'friendly' coalition to secure critical minerals: Andy Home". Reuters. Archived from the original on 5 May 2023. Retrieved 5 May 2023.
- ^ a b ORR, VANESSA (1 Nov 2022). "The Minerals Security Partnership: More Questions than Answers". Alaska Business. Archived from the original on 5 May 2023. Retrieved 5 May 2023.
- ^ Gupta, Moushumi Das (2023-07-01). "How joining Minerals Security Partnership can help India harness critical minerals potential". ThePrint. Archived from the original on 2023-07-01. Retrieved 2023-07-01.
- ^ "Estonia joins US' Minerals Security Partnership initiative". ERR. 2024-03-06. Archived from the original on 2024-08-22. Retrieved 2024-08-22.