G7 Finance Ministers Address Dependence on Critical Minerals from China

January 13, 2026 - 05:02

Finance ministers from the Group of Seven countries convened in Washington on Monday to tackle the pressing issue of their nations' heavy reliance on China for essential minerals. These critical minerals are vital for various industries, including technology, renewable energy, and defense. The ministers emphasized the need for a collaborative approach to diversify supply chains and ensure a stable and secure access to these resources.

During the meeting, discussions revolved around strategies to enhance domestic production and promote sustainable mining practices within G7 member states. The ministers also explored opportunities for partnerships with other nations rich in mineral resources, aiming to reduce vulnerabilities that arise from overdependence on a single country.

As global demand for critical minerals continues to rise, the G7 countries are keen on positioning themselves as leaders in the transition to a greener economy. The outcomes of this meeting may pave the way for future policies aimed at strengthening mineral supply security and fostering economic resilience among member nations.