#G7 leaders announce plan to counter #China’s dominance of #CriticalMinerals
Prime Minister Mark Carney says G7 countries and their allies will form a “critical mineral production alliance” to stockpile and develop materials that are essential for defense systems and advanced technologies.
He also said Canada has immense potential to become a supplier of critical minerals and rare earths to allies that have grown increasingly concerned about China‘s dominance in the sector.
Earlier, G7 leaders announced plans to shore up their supply chains with the help of Australia, India and South Korea in a bid to counter “non-market” policies and practices that have threatened the ability of Western countries and their allies to access essential critical minerals and rare earth elements.
Bring the investment to Canada.
Read more at: https://financialpost.com/commodities/mining/g7-counter-china-dominance-critical-minerals
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