Minerals Security Partnership
Transnational association From Wikipedia, the free encyclopedia
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]
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
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