G7 expands critical minerals cooperation to de-risk from China

The leaders of the Group of Seven democracies on Tuesday launched an action plan aimed at reducing risks to critical mineral supply chains, often resulting from overdependence on China.The leaders, gathered in Canada for their annual summit, said they agreed to step up cooperation within the group and with like-minded countries to protect economic security against threats such as nonmarket practices sometimes seen in the sector.The strategy was unveiled at a time when China dominates the global supply of rare earths and other minerals essential for modern technologies, with a track record o…READ FULL ARTICLE