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13/06/2024
Mining News

Minerals Security Partnership Forum Unveiled: Guaranteeing key raw materials for green and digital transformation

The establishment of the Minerals Security Partnership Forum represents a significant step towards ensuring a stable and sustainable supply of critical raw materials essential for the green and digital transition. By bringing together key stakeholders including the EU, the United States, and members of the Partnership for Mineral Security (PSM), such as Kazakhstan, Namibia, Ukraine, and Uzbekistan, this initiative aims to address the scarcity of materials like lithium, cobalt, nickel, and graphite.

The inclusion of these countries underscores the global nature of the challenge and the importance of cooperation in securing these vital resources. By committing to principles such as diversification of supply chains, environmental sustainability, and fair working conditions, participating nations are demonstrating their dedication to fostering responsible resource management.

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The joint leadership of the EU and the United States in this endeavor highlights the strength of transatlantic cooperation and the shared commitment to addressing common challenges. This comprehensive initiative not only aims to increase investment and diversify supply chains but also seeks to ensure that the benefits are sustainable and equitable for all involved parties.

As membership in the Forum is open to countries that align with its core principles, there is potential for further expansion and collaboration, reinforcing the collective effort to secure critical raw materials and support the transition towards a greener and more digitally-driven future.

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