US, UK, EU, Australia and more to meet to discuss critical minerals alliance

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Representatives from approximately 20 countries, including G7 members, will convene in Washington D.C. this week to discuss a strategic alliance focused on critical minerals. The meeting aims to address rare earth elements and potentially establish a minimum price guarantee from the US. Participating nations include the US, EU, UK, Japan, Australia, and New Zealand. The summit is viewed as an effort to strengthen transatlantic relationships following recent tensions and to explore alternative alliances, including one related to steel, to reduce dependence on China for these vital resources. The discussions are intended to de-risk supply chains for critical minerals.
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