US continues to expand minerals security partnership with India

The US State Department on Sunday said that the US ties with India have been elevated in terms of the Mineral Security Partnership to combat climate change effectively and will continue to bolster supply chain and sustainable future. The US also affirmed that it will continue to expand the minerals security partnership with 14 of its partners including India, as clean energy and other technologies are projected to grow significantly.

The official release has said that the US is committed to working closely with all its partner countries. Since MSP's inception last June, they welcomed Morway, Italy and India making 14 partners-India, US, Australia, Italy, Canada, Finland, Germany, France, Japan, Norway, Sweden, the Republic of Korea, the UK and the European Union that are collaborating to bolster supply chains to ensure a more sustainable future for us.

The statement added that Transparent, open, predictable, secure, and sustainable supply chains for critical minerals are vital to deploying these technologies at the speed and scale necessary to combat climate change effectively. MSP Partners are key to making this happen and both countries share a commitment to high environmental, social and governance (ESG) standards, sustainability, and shared prosperity, according to a document released by the US State Department.

The MSP partner nations see the continued growth of ethical and durable supply chains as being crucial to a fair and sustainable energy transition. The MSP partner countries' united commitment to fully integrating ESG standards, guidance, and support into MSP activities is outlined in these principles.