Brussels: Europe and the Arabs
Today, the European Commission is hosting key meetings of the Minerals Security Partnership (MSP), which are taking place in Brussels as part of Raw Materials Week 2024.
The partners are Australia, Canada, Estonia, Finland, France, Germany, India, Italy, Japan, Norway, the Republic of Korea, Sweden, the United Kingdom, the United States and the European Union, represented by the European Commission. According to a European statement issued by the Commission, “The Minerals Security Partnership is part of the EU’s multilateral efforts to correct market imbalances in global raw materials markets and promote mutually beneficial and sustainable industrial projects.
The Minerals Security Partnership allows like-minded countries to share information on critical raw material developments in third countries, identify investment opportunities and co-invest in mining, refining and recycling projects that respect high environmental, social and governance standards. It aims to drive projects and policies that will support safe and sustainable access to critical raw materials, such as lithium, cobalt, nickel, manganese, graphite, rare earth elements and copper.
In the morning, the Partnership Managers’ Meeting, organised by the Commission and co-chaired by the Republic of Korea and the United States, began with a focus on accelerating projects related to rare earths, which are essential components of permanent magnets required for wind turbines or electric vehicles, on which Europe relies heavily. Partner countries identified new opportunities for responsible mining, processing and recycling of critical minerals among the members of the Partnership Forum.
This afternoon, the Partnership Forum, comprising partners and selected mineral producing countries, is hosting a workshop, led by the European Commission, to address investment challenges and local value addition in critical raw material value chains.

In the coming months, Partnership Forum members will share individual country presentations on specific projects with partners, the Partnership Finance Network and in partnership with the Minerals Investment Network for a Viable Energy Security and Transition (MINVEST).

The Forum will then meet on the sidelines of the Mining Conference in Cape Town, South Africa, on 4 February 2025.