The European Union is set to propose a strategic partnership with the United States focused on critical minerals, according to external media reports. According to Jin10, informed sources have revealed that the EU is prepared to sign a memorandum of understanding with the U.S. within three months, outlining a roadmap for collaboration in sourcing critical mineral supplies. The memorandum suggests that the EU and the U.S. explore joint projects on critical minerals and consider price support mechanisms, while also recommending measures to prevent external mineral supply surpluses and other market disruptions.
The EU's memorandum also mentions the possibility of establishing reserves for critical minerals, a point of interest for U.S. President Donald Trump. The proposal highlights the importance of creating secure supply chain systems between the two parties. Notably, the EU emphasizes mutual respect for territorial integrity in the proposal. Trump's previous interest in acquiring Greenland nearly caused a rift in U.S.-EU relations recently.