Mongolia and US to collaborate on critical minerals
The Government of Mongolia and US State for Economic Growth, Energy, and the Environment signed a Memorandum of Understanding
The Government of Mongolia and US State for Economic Growth, Energy, and the Environment signed a Memorandum of Understanding (MOU) to jointly advance secure and resilient critical mineral supply chains in the Indo-Pacific region. This MOU includes a framework for Mongolia and the United States to work together on technical areas of support to further Mongolia’s efforts to develop capacity to encourage investment in its mineral resource sector, which is vital to the global clean energy transition. As strategic partners, the United States and Mongolia have mutual interest in strengthening our economies and making them more resilient. Critical minerals and rare earth elements play an increasingly important role in our economies, and developing these resources will help strengthen both countries’ economies.
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