New resource race: G7 joins forces to challenge China’s critical minerals dominance
⚡ Quick Summary
G7 leaders are uniting to lessen reliance on China for vital minerals, essential for defense and green tech. Plans include coordinated stockpiling, enhanced recycling, and a new platform with the IEA.
G7 leaders are uniting to lessen reliance on China for vital minerals, essential for defense and green tech. Plans include coordinated stockpiling, enhanced recycling, and a new platform with the IEA. The goal is to significantly cut dependence on single suppliers by 2030, fostering more secure global supply chains.
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