Minerals Security Partnership

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]

Minerals Security Partnership Map

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]