Chemistry:Minerals Security Partnership

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Short description: Transnational association


Minerals Security Partnership Map

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

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

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]

In October 2023, the governments of Chile and Argentina arranged a relationship with the MSP. Later on, in December 2023, the governments of Denmark, Brazil, Mexico and Israel arranged another relationship with the association.[citation needed]

Criticisms

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

  1. "Minerals Security Partnership MEDIA NOTE". US Department of State. 14 June 2022. https://www.state.gov/minerals-security-partnership/. 
  2. "Minerals Security Partnership". https://www.state.gov/minerals-security-partnership/. 
  3. "Minerals Security Partnership". IEA. 27 October 2022. https://www.iea.org/policies/16066-minerals-security-partnership. 
  4. 4.0 4.1 PARKER, DARREN; DE BRUYN, CHANEL (8 February 2023). "Minerals Security Partnership advocates for ESG in critical minerals mining". Mining Weekly. CREAMER MEDIA (PTY) LTD. https://www.miningweekly.com/article/minerals-security-partnership-advocates-for-esg-in-critical-minerals-mining-2023-02-08. 
  5. MCDONALD, LISA (10 August 2022). "Video: Minerals Security Partnership advances multinational commitment to bolstering critical mineral supply chains". The American Ceramic Society. https://ceramics.org/ceramic-tech-today/ceramic-video/video-minerals-security-partnership-advances-multinational-commitment-to-bolstering-critical-mineral-supply-chains. 
  6. Home, Andy (30 June 2022). "U.S. forms 'friendly' coalition to secure critical minerals: Andy Home". Reuters. https://www.reuters.com/article/critical-minerals-ahome-idUSKBN2OB1J7. 
  7. 7.0 7.1 ORR, VANESSA (1 Nov 2022). "The Minerals Security Partnership: More Questions than Answers". Alaska Business. https://www.akbizmag.com/magazine/the-minerals-security-partnership/. 
  8. Gupta, Moushumi Das (2023-07-01). "How joining Minerals Security Partnership can help India harness critical minerals potential" (in en-US). https://theprint.in/india/governance/how-joining-minerals-security-partnership-can-help-india-harness-critical-minerals-potential/1650810/. 
  9. "Estonia joins US' Minerals Security Partnership initiative" (in en). 2024-03-06. https://news.err.ee/1609273404/estonia-joins-us-minerals-security-partnership-initiative.