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72 new news items in the last 24 hours
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  2. International

Finance ministers from the G7 met to discuss strategies to reduce dependence on rare earths from China, including setting a minimum price and partnerships for alternative sources.

Lara Maior
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13 January 2026, 06:06
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International
Mateusz Nestorowicz / Alamy / Profimedia
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Finance ministers from the G7 and other major economies gathered in Washington to address the issue of dependence on rare earths from China. Convened by U.S. Treasury Secretary Scott Bessent, the meeting included officials from Japan, the United Kingdom, France, Germany, Italy, Canada, Australia, Mexico, South Korea, and India. Bessent emphasized the need to diversify supply chains for critical minerals, considering the strict controls imposed by China on exports. Japanese Finance Minister Satsuki Katayama proposed short, medium, and long-term measures to reduce dependence on China, including the creation of markets based on labor and human rights standards. There was also discussion about establishing a minimum price for rare earths and partnerships to boost supply. German Finance Minister Lars Klingbeil highlighted the importance of proactive actions by Europe in this area and emphasized the need to advance in recycling to reduce dependencies.

Sources

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Financial Intelligence
G7 și alți aliați discută modalități de reducere a dependenței de pământurile rare din China
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Cotidianul
Bătălia pentru pământurile rare. Planul de urgență al SUA pentru a rupe monopolul Chinei
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Stiripesurse
Semnal de urgenţă din partea SUA: Statele G7 trebuie să se desprindă mai rapid de China în domeniul mineralelor rare

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G7 rare earths China USA Scott Bessent

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