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International Minister Cho Hyun speaks throughout a brand new yr kickoff ceremony on the overseas ministry in Seoul, Jan. 2. Yonhap
The overseas ministry signaled Thursday that International Minister Cho Hyun might attend a U.S.-led overseas ministers’ assembly subsequent month on important minerals seen as largely aimed toward decreasing Chinese language dependency.
A Seoul official mentioned the ministry is positively contemplating Cho’s attendance on the assembly amongst U.S. allies and accomplice nations, slated for Feb. 4. It’s anticipated to be hosted by U.S. Secretary of State Marco Rubio.
“Korea, as chair of the Minerals Safety Partnership (MSP), has actively contributed to worldwide discussions on important minerals,” the official mentioned.
“We’re actively participating with the U.S. and different international locations on a variety of cooperative measures to stabilize and diversify important mineral provide chains,” he mentioned.
Stories have mentioned that Washington is searching for to push for an settlement on efforts to scale back reliance on China for important minerals provide.
Boosting the availability chain of important minerals away from Beijing has been a key U.S. coverage precedence, amid China’s rising strategic leverage on its uncommon earths exports.
The MSP was launched in 2022 by the U.S. to strengthen the worldwide provide and promote funding in important minerals, comparable to lithium, cobalt and nickel. The U.S., Japan, Canada, France and the European Union are among the many member international locations.
The partnership is essentially seen as designed to scale back the chance of dependence on China for uncooked supplies.
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