The text of the following statement was released by the governments of Australia, India, Japan, and the United States of America on the occasion of the Quad Foreign Ministers’ Meeting in New Delhi, India.
The United States, Japan, Australia, and India (the “Quad partners”) intend to support the development of secure critical minerals supply chains, which are essential for advanced technologies, economic growth, and the resilience of our industrial bases. Through the Quad Critical Minerals Initiative, Quad partners intend to work together to use economic policy tools and coordinated investment to accelerate the development of diversified and fair critical mineral markets and support the supply of critical minerals that are crucial to our region’s economic growth and security.
This framework sets out key areas for cooperation among the Quad partners on critical minerals supply chains giving due regard for each partner’s domestic policies and priorities.
Quad partners intend to mobilize up to $20 billion in government and private sector support through new and existing efforts to strengthen critical minerals supply chains, including in mining, processing, and recycling, through actions such as:
Quad partners aim to improve the overall environment for critical minerals development, as appropriate and in accordance with their respective domestic laws including through actions such as:
Quad partners intend to work together to improve the recovery and use of critical minerals from e waste and other scrap materials to enhance the supply chain and promote recycling of contained critical minerals within Quad partner and like-minded countries, as appropriate, including through actions such as:
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