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Free AccessUnited States And Canada Announce Minerals Security Partnership
The United States, Canada, and partners and have announced the creation of the Minerals Security Partnership (MSP) - an initiative to "bolster critical mineral supply chains."
- The partnership, announced at the Prospectors and Developers Association of Canada convention in Toronto, is part of a drive to assure critical mineral supply chains can be maintained without making sacrifices in national security.
- US Undersecretary of State Jose Fernandez: "On the margins of the PDAC, I joined our partners to establish the Minerals Security Partnership to improve our cooperation on diversifying critical minerals supply chains that are essential to the clean energy transition."
- Conference is currently underway between houses of the United States Congress to produce a final version of the America Competes Act which is also likely to have provisions for reducing dependence on China in critical minerals.
- A statement from the US State Department reads: "Australia, Canada, Finland, France, Germany, Japan, the Republic of Korea, Sweden, the United Kingdom, the United States, and the European Commission are committed to building robust, responsible critical mineral supply chains to support economic prosperity and climate objectives."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.