As Europe rearms, can it decouple its military supply chains from China? (opens original article in a new tab)
Europe's defense industry plans to gradually reduce reliance on China for critical minerals rather than fully decoupling, as G7 leaders commit to cutting dependency on non-G7 suppliers for rare earths and magnets.
- Europe's defense industry aims to reduce reliance on China for critical minerals during rearmament
- G7 leaders signed a declaration to cut dependency on non-G7 suppliers for rare earths and magnets to below 60% by 2030
- China supplies over 90% of global rare earths and critical minerals used in military systems
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