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22/06/2024
Mining News

Estonia fortifies its position in critical minerals network through MSP membership

Estonia has recently become a participant in the Minerals Security Partnership (MSP), an initiative established by the United States. The goal is to expand Estonia’s network and attract new industries to the country in the coming years.

The Ministry of Foreign Affairs emphasized that joining the MSP enhances international cooperation on securing the supply of critical raw materials. With Europe’s largest rare earth elements processing plant located in Estonia, the country sees its membership in the MSP as crucial for the sector’s development.

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Jüri Seilenthal, the Director General of the Department for External Economic Policy and International Economic Organisations at the Ministry of Foreign Affairs, highlighted the need for Estonia to decrease dependence on others in light of global conflicts. He stated that participating in the MSP aligns with Estonia’s interest in ensuring access to critical raw materials.

Estonia’s expertise in processing rare earth elements positions it uniquely in the supply chain, according to Ene Jürjens, the Director General of the Natural Resources Department at the Climate Ministry.

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