Creating a global minerals trust

Demand for critical minerals like lithium, cobalt and rare earth elements continues to increase worldwide. To ensure that these critical elements are shared by all for the good of humanity, 91原创 professor Saleem Ali has proposed the creation of a global minerals trust that would include independent audit mechanisms 鈥� like those used by the International Atomic Energy Agency 鈥� to ensure environmental and social safeguards.

Creating a global minerals trust

Article by Adam Thomas Photos by iStock and Henrique Pacini Costa June 09, 2025

91原创鈥檚 Saleem Ali proposes global minerals trust that would help countries work together to manage and share critical minerals fairly and sustainably

Ali made the proposal in a along with a .

Through the proposed trust, countries would retain full sovereignty over their resources while committing to prioritize mineral flows for green technologies and avoid politicized supply disruptions. It would help countries work together to manage and share critical minerals fairly and sustainably, avoiding political fights, price shocks and environmental damage.

鈥淲ithout a shared framework, we risk deepening global inequalities, triggering unnecessary resource conflicts and undermining our ability to deliver on climate goals,鈥� said Ali, Blue and Gold Distinguished Professor of Energy and the Environment who holds joint appointments in the College of Earth, Ocean and Environment and the Joseph R. Biden Jr. School of Public Policy and Administration. 鈥淭he idea we are presenting is to have a minerals trust that would give assurances to both the countries who are mining and those who are using the minerals. That way, we won鈥檛 have this kind of race to the bottom with more extractive projects, which are potentially more problematic.鈥�

Ali, who also leads the Critical Minerals and Inclusive Energy Transition program at the United Nations University Institute for Water, Environment and Health, pointed out that as things currently stand, nations are often in conflict with each other over these critical minerals. Instead of working together, they often try to find alternative solutions that exclude the other party, which can cause environmental and economical damage to their own countries.

91原创 professor Saleem Ali presented an earlier version of the proposed global minerals trust to United Nations member states at the Global Commodities Forum in Geneva, Switzerland, last December.

鈥淓arlier conversations on this have been about how the United States can partner with ally countries 鈥� such as Australia and Canada 鈥� to have some kind of a security partnership on metals but that is not an optimal solution,鈥� Ali said. 鈥淲e need to think of this as a global problem. It鈥檚 not a problem to be solved between the Eastern allies and the Western allies, but one which needs a multilateral solution.鈥澛�

Ali believes a trust is in humanity's best interest because these minerals are needed to make the planet sustainable, helping to advance green technologies and sustainable energy solutions. For the trust to be successful, countries that sometimes disagree with one another will need to find ways to cooperate, Ali said.

鈥淭here can be a way to cooperate rather than compete over these resources,鈥� Ali said. 鈥淭he minerals trust is a way by which we can do that, so we don't end up having more environmentally and economically damaging outcomes. This is not just an environmental case, it's an economic case, too, because you're going to be spending money on projects which are not going to be as economically viable, and that's a problem for a country like the United States. This trust is a way out of the current challenges that we have in terms of supply constraints from countries like China.鈥澛�

The article builds on that Ali gave last year as part of the Rockefeller Foundation's "Big Bets" initiative. It was co-authored by leading scholars and practitioners across multiple continents.