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]
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]
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]
In October 2023, the governments of Chile and Argentina arranged a relationship with the MSP. Later on, in December 2023, the governments of Denmark, Brazil, Mexico and Israel arranged another relationship with the association.[ citation needed ]
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]