EU, U.S. Launch Partnership on Critical Minerals
By Edith Hancock
The European Union and U.S. launched a partnership on critical minerals, the European Commission said Friday as the bloc's top trade negotiator visits Washington D.C. to meet his U.S. counterparts.
The partnership will see both sides seek to cooperate on areas from minerals exploration and extraction to recycling under a memorandum of understanding signed by EU trade commissioner Maros Sefcovic and U.S. Secretary of State Marco Rubio.
"It is encouraging to see EU-US cooperation on critical raw materials taking concrete shape," Sefcovic said in a statement Friday. "The vision is there--now the real test is execution, by turning shared ambitions into impactful projects," he said.
Sefcovic and U.S. trade representative Jamieson Greer also set out a so-called action plan to explore collaborating on measures such as border-adjusted price floors and offtake agreements, as well as common standards for mining, processing and recycling, stockpiling strategies and ways to tackle supply disruptions.
The EU trade chief flew to the U.S. this week to meet Greer as well as U.S. commerce secretary Howard Lutnick and treasury secretary Scott Bessent.
Write to Edith Hancock at edith.hancock@wsj.com
(END) Dow Jones Newswires
April 24, 2026 12:16 ET (16:16 GMT)
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