French delegation affirms Paris' desire to develop partnerships at government and corporate levels
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France has announced its desire to expand cooperation with Turkey in the field of critical minerals.
The French delegation reported that the cooperation will encompass governments and companies alike.
The move reflects European interest in securing supply chains of critical minerals necessary for modern industries.
France seeks to deepen its cooperation with Turkey on critical minerals through parallel government and commercial partnerships. The cooperation aims to diversify European sources of strategic minerals supplies away from distant suppliers.
France-Turkey cooperation will affect prices of critical minerals needed for electric vehicles and clean energy, and may lower European production costs in the long term. If the partnership succeeds, supply chain efficiency could improve and prices could stabilize for consumers and companies operating in related industrial sectors.
Mehmet Yılmaz