Estonia has recently announced its participation in the Minerals Security Partnership (MSP), an initiative led by the United States aimed at bolstering the security of critical raw materials. This move is part of Estonia’s strategy to expand its network and attract new industries to the country in the coming years.
The Ministry of Foreign Affairs underscored the significance of joining the MSP, emphasizing the importance of international cooperation in securing the supply of critical raw materials. With the presence of Europe’s largest rare earth elements processing plant in Estonia, membership in the MSP is seen as pivotal for the development of this sector.
Jüri Seilenthal, the Director General of the Department for External Economic Policy and International Economic Organisations at the Ministry of Foreign Affairs, stressed the need for Estonia to reduce reliance on external sources, especially in the face of global conflicts. He stated that participation in the MSP is aligned with Estonia’s goal of ensuring access to critical raw materials.
Ene Jürjens, the Director General of the Natural Resources Department at the Climate Ministry, highlighted Estonia’s expertise in processing rare earth elements, positioning the country uniquely in the global supply chain.
LATEST NEWS
-
Xanadu Mines Director Foresees Commodity “Supercycle” Amid Copper Price Surge
06/05/2024
-
Uranium Deposit Discovered in Southern Poland’s Świętokrzyskie Region
06/05/2024
-
Kazakhstan to Collaborate with Afghanistan in Geology and Natural Resource Extraction
06/05/2024
-
LEAG Plans Construction of Hydrogen-Ready Gas Power Plant in Eastern Germany
03/05/2024
MOST POPULAR
-
Women Lead Fight Against Copper Mine Pollution in Eastern Serbia
-
Development of the Alexandrovskoye zinc-copper deposit in East Kazakhstan region
-
Services in the mining industry increased by 15%
-
The Ministry of Economy in Kazakhstan plans to reduce the dependence of single-industry towns on city-forming enterprises