The Minerals Security Partnership (MSP) is a transnational association whose members seek to secure a stable supply of raw materials for their economies. [1] As of 16 September 2023 the MSP was composed of: Australia, Canada, Estonia, Finland, France, Germany, India, Japan, South Korea, Sweden, Norway, the United Kingdom, the United States, and the European Union. [2] Members profess a commitment to high Environmental, social, and corporate governance (ESG) standards. [3]
According to the inaugural announcement made at the Prospectors and Developers Association of Canada convention in June 2022, [4] [5] 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." [6]
As of 1 November 2022, copper, gold and silver were not on the list of minerals in which the MSP was interested. [6]
In January 2023 it was revealed that the diplomat at the US Department of State that led the group went by the name Jose Fernandez, undersecretary for economic growth, energy and the environment. [7]
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. [3]
India has been inducted into the Mineral Security Partnership in June 2023. [8]
Estonia joined the Minerals Security partnership in march early 2024 [9]
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." [6]
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation, established in 1974, that provides policy recommendations, analysis and data on the global energy sector. The 31 member countries and 13 association countries of the IEA represent 75% of global energy demand.
Rockwell Automation, Inc. is an American provider of industrial automation and digital transformation technologies. Brands include Allen-Bradley, FactoryTalk software and LifecycleIQ Services.
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The International Framework for Nuclear Energy Cooperation (IFNEC) is a forum of states and organizations that share a common vision of a safe and secure development of nuclear energy for worldwide purposes. Formerly the Global Nuclear Energy Partnership (GNEP), IFNEC began as a U.S. proposal, announced by United States Secretary of Energy Samuel Bodman on February 6, 2006, to form an international partnership to promote the use of nuclear power and close the nuclear fuel cycle in a way that reduces nuclear waste and the risk of nuclear proliferation. This proposal would divide the world into "fuel supplier nations," which supply enriched uranium fuel and take back spent fuel, and "user nations," which operate nuclear power plants.
Pebble Mine is the common name of a proposed copper-gold-molybdenum mining project in the Bristol Bay region of Southwest Alaska, near Lake Iliamna and Lake Clark. It was discovered in 1987, optioned by Northern Dynasty Minerals in 2001, explored in 2002, and drilled from 2002-2013 with discovery in 2005. Preparing for the permitting process began and administrative review lasted over 13 years.
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The eastern Democratic Republic of the Congo (DRC) has a history of conflict, where various armies, rebel groups, and outside actors have profited from mining while contributing to violence and exploitation during wars in the region. The four main end products of mining in the eastern DRC are tin, tungsten, tantalum, and gold, which are extracted and passed through a variety of intermediaries before being sold to international markets. These four products, are essential in the manufacture of a variety of devices, including consumer electronics such as smartphones, tablets, and computers.
The Republic of India recognised Ukraine as a sovereign country in December 1991 following the dissolution of the Soviet Union and established diplomatic relations in January 1992. The Indian Embassy in Kyiv was opened in May 1992 and Ukraine opened its Mission in New Delhi in February 1993. The Consulate General of India in Odesa functioned from 1962 until its closure in March 1999. Ukraine is India's second largest trade partner after Russia in the former Soviet Union.
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note: map of india in the given picture is wrong.
Environmental, social, and corporate governance (ESG), is a set of considerations, including environmental issues, social issues and corporate governance that can be considered in investing. Investing with ESG considerations is sometimes referred to as responsible investing or, in more proactive cases, impact investing.
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates. Originally identified to highlight investment opportunities, the grouping evolved into a cohesive geopolitical bloc, with their governments meeting annually at formal summits and coordinating multilateral policies since 2009. Bilateral relations among BRICS are conducted mainly on the basis of non-interference, equality, and mutual benefit.
The Quadrilateral Security Dialogue (QSD), commonly known as the Quad, is a strategic security dialogue between Australia, India, Japan and the United States that is maintained by talks between member countries. The dialogue was initiated in 2007 by Japanese Prime Minister Shinzo Abe, with the support of Australian Prime Minister John Howard, Indian Prime Minister Manmohan Singh and U.S. Vice President Dick Cheney. The dialogue was paralleled by joint military exercises of an unprecedented scale, titled Exercise Malabar. The diplomatic and military arrangement was widely viewed as a response to increased Chinese economic and military power.
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