U.S., UK and partners working on 15 critical minerals projects

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LONDON, Oct 5 - The United States and partners are working on 15 projects to secure supplies of critical minerals needed for electric vehicles and the energy transition, a senior U.S. official said on Thursday.

"We're now looking at 15 projects on five continents, ranging from extraction to processing," Jose Fernandez, U.S. State Department under secretary for economic growth, energy and the environment, told a briefing in London.He declined to give details about the companies involved but said at least one of the projects is in Britain.

The MSP aims to facilitate deals among private companies and help with financing, including by trade banks such as the U.S. government's Export-Import Bank , Fernandez said. Fernandez said he was confident that the United States would seal an agreement to allow critical minerals mined or processed in Britain to qualify for U.S. clean vehicle tax breaks.

 

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