Argentina and US strengthen critical minerals links

The intention is to strengthen supply chains and promote trade and investment in critical mineral resource exploration, extraction, processing, refining, recycling and recovery.

US Under Secretary of State for Economic Growth, Energy and the Environment, Jose W. Fernandez, and Argentine Foreign Minister Diana Mondino signed a Memorandum of Understanding (MOU) this month to strengthen cooperation between the US and Argentina on critical minerals.

The signing ceremony took place in Buenos Aires on the sidelines of a bilateral meeting

The Memorandum sets the direction for further collaboration in critical mineral resource sector governance, investment, and global supply chain security.

The US it advances a common interest in supporting the energy transition and deploying clean-energy technologies.

It may help the US reduce reliance on imports from China.