02/05/2024
02:08 PM EST
Office of the Spokesperson
The United States, as Chair of the Minerals Security Partnership (MSP), and
MSP partners, announces the signing of a Memorandum of Understanding (MOU)
between LA GENERALE DES CARRIERES ET DES MINES (GECAMINES) and the Japan
Organization for Metals and Energy Security (JOGMEC). This milestone
collaboration, forged through dialogue among MSP partners, creates a framework
for coordination in mineral exploration, production, and processing in
alignment with our shared commitment to the Partnership for Global Infrastructure
and Investment (PGI)’s development of the Lobito Corridor. The MOU will create
a framework for cooperation in the areas of mining and mineral resources with
the intention of expanding of business opportunities for the parties.
This coordination among MSP partners is a powerful demonstration of the
MSP’s efforts to secure and diversify critical mineral supply chains, which
bring economic benefits to local communities and source countries such as the
DRC. In addition, GECAMINES will be a key player in the Lobito Corridor project
thanks to its large portfolio of joint-venture projects in production,
representing over 1.5 million tons of copper cathodes and 100,000 tons of
cobalt hydroxide and more to be commissioned from projects under construction.
Learn more about the Minerals Security Partnership.
To stay up to date, follow Under Secretary Fernandez on X, LinkedIn, and Facebook.
For press inquiries, please contact: E_Communications@state.gov.
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