G7 sets up critical minerals alliance, platform to cut reliance on China (opens in new tab)

Group of Seven leaders agreed on ​Wednesday to step up coordination to cut their countries' reliance on China for critical minerals, including plans to align stockpiling ‌and launch a new platform with an expanded role for the International Energy Agency. Western powers are racing to diversify supplies of metals vital to defence, technology and renewable energy and reduce dependence on China. Beijing rattled global markets last year when export curbs on permanent magnets disrupted industries,...