
EU and US Sign Partnership Memorandum on Critical Raw Materials
The European Union and United States signed a memorandum of understanding establishing a partnership on critical raw materials. The agreement aims to strengthen cooperation between the two allies in securing access to essential minerals and resources needed for green energy transitions and technological applications. While the plan does not explicitly mention China, it is reportedly designed to reduce dependence on Chinese dominance in the critical materials supply chain. The partnership reflects broader Western efforts to diversify supply chains for strategic resources amid growing geopolitical tensions and concerns about over-reliance on a single major supplier for materials crucial to renewable energy technologies, semiconductors, and defense systems.











