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The US Push for Energy Transition and Critical Minerals in Asia



Tarini Tyagi [Source: Press Release] 2024-07-10 11:35:34 US-Special

The U.S. Push for Energy Transition and Critical Minerals in Asia [Image Source: Internet]
The U.S. Push for Energy Transition and Critical Minerals in Asia [Image Source: Internet]

How will Under Secretary Fernandez’s strategic travels to Japan and Indonesia reshape global energy and economic landscapes?

Under Secretary for Economic Growth, Energy, and the Environment, Jose W. Fernandez, is embarking on a critical mission to Japan and Indonesia. As part of the U.S. Indo-Pacific Strategy, his visit aims to fortify cooperation on energy transition and diversify critical mineral supply chains. From pivotal meetings in Tokyo with Japan’s top economic leaders to celebrating 75 years of U.S.-Indonesia diplomatic relations in Jakarta, Fernandez's journey promises significant advancements in economic engagement and strategic partnerships in the region.

Key Points:

  • Tokyo Visit (July 10): Meetings with Japan's Ministry of Foreign Affairs (MOFA) and Ministry of Economy, Trade and Industry (METI) to enhance critical mineral supply chain resilience and support clean energy technologies.

  • Focus Areas: Collaboration on graphite projects, and potential efforts on gallium and germanium, vital for clean energy advancements, and economic support for Ukraine.

  • Jakarta Visit (July 14): Celebrating 75 years of U.S.-Indonesia relations and promoting U.S. as ASEAN’s largest foreign direct investment source.

  • Bilateral Economic Growth: Strengthening the U.S.-Indonesia economic relationship, advancing critical mineral supply chains, and supporting the energy transition under the Comprehensive Strategic Partnership.

Under Secretary Fernandez's trip underscores the U.S.'s commitment to fostering resilient supply chains, supporting global energy transition, and reinforcing economic ties in the Indo-Pacific region.