An official signing ceremony for a USD 5 million financial support agreement aimed at the exploration of critical minerals in North Macedonia was held at the headquarters of the U.S. International Development Finance Corporation (DFC).
The Agreement was signed between Conor Coleman, head of investments at DFC and Nik Jovanovski, managing director at Pela Global Limited.
Minister of energy, mining and mineral resources, Sanja Bozhinovska and the minister of foreign affairs, Timcho Mucunski attended the event.
The financial support represents a concrete step toward developing the potential of critical minerals, as a significant segment of modern energy and industrial policies. This Agreement opens opportunities for further investments, research and technological development in line with global trends aimed at securing alternative sources of critical resources.
The event took place as part of the official visit of the government delegation to the United States of America, after a bilateral meeting with the DFC management was previously held, at which opportunities for deepening cooperation and supporting specific projects were discussed.
This step represents an important signal of increased interest in investing in the critical minerals sector in North Macedonia and further confirms the strategic cooperation with the United States in the field of energy and resources.
With regards,
Ministry of energy, mining and mineral resources
