United States and European Union Strengthen Alliance: Protocol of Agreement to Safeguard Mineral Supply Chain

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The United States and the European Union are currently working on a strategic partnership, with both parties planning to sign a memorandum of understanding within the next 30 days to strengthen the protection of critical mineral supply chains. This move reflects the growing importance that major global powers are placing on supply chain security, especially amid increasing geopolitical risks.

Three Countries Join Forces to Build a Supply Chain Defense System

According to Jin10, this memorandum of understanding is not a bilateral agreement between the US and the EU alone but is part of a trilateral cooperation framework that includes Japan, a key partner. The United States, the European Union, and Japan have jointly announced a deep strategic partnership aimed at enhancing the resilience of supply chains across multiple stages, including the procurement, smelting, and processing of critical minerals.

The security of mineral supply chains is crucial for energy independence, manufacturing competitiveness, and national defense. Facing potential disruptions and geopolitical uncertainties in global supply chains, the three countries are working together through this memorandum of understanding to establish a more robust cooperation mechanism, aiming to avoid over-reliance on any single country or region.

Substance of the Agreement and Timeline

This memorandum of understanding covers the entire chain from raw material extraction to strategic reserves management. By signing this agreement, the three countries plan to deepen coordination in standard-setting, technological cooperation, and market information sharing, ensuring that critical minerals can flow more stably and securely to both civilian and strategic industries.

The memorandum of understanding is expected to be officially signed within the next 30 days, marking an important step forward in coordinated efforts among democratic nations to enhance supply chain security.

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