G7 balances co-ordination and competition with critical minerals alliance (opens original article in a new tab)
G7 countries aim to reduce reliance on Chinese critical minerals through increased coordination, facing criticism from Beijing and internal disagreements over trade mechanisms and sovereignty.
- G7 countries announced a new effort to reduce dependency on Chinese critical minerals imports
- The G7 communique focused on nickel and lithium, essential for energy technologies
- China criticized the G7's move, urging them to stop imposing rules of small cliques
- G7 members face internal disputes over balancing co-ordination and national sovereignty in critical minerals supply chains
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