Which of the following statements is/are correct about Mineral Securit

Which of the following statements is/are correct about Mineral Security Partnership ?

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It is an initiative to bolster critical mineral supply chain, established by the United States of America and other countries.
India is not a partner of this initiative.

Select the correct answer using the code given below :

1 only

2 only

Both 1 and 2

Neither 1 nor 2

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC CISF-AC-EXE – 2023

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Statement 1 is correct, and Statement 2 is incorrect.

The Mineral Security Partnership (MSP) is a US-led initiative launched in June 2022 involving a group of countries aiming to secure supply chains for critical minerals that are essential for clean energy technologies and other strategic sectors.

Initially, the partners included Australia, Canada, Finland, France, Germany, Japan, South Korea, Sweden, the United Kingdom, the United States, and the European Union. India joined the MSP in June 2023, becoming the 12th partner. The partnership aims to catalyze investment in projects throughout the value chain, from extraction to processing and recycling.

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