Particle.news
Download on the App Store
15 ARTICLES
·
7h ago

U.S. Hosts G7 Critical Minerals Meeting With Australia, India and Partners in Washington

U.S. officials call the talks an urgent push to reduce exposure to China's control of key materials.

Image
U.S. Treasury Secretary Scott Bessent looks on at the White House in Washington, D.C., U.S., December 13, 2025. REUTERS/Aaron Schwartz/File Photo
U.S. Treasury Secretary Scott Bessent listens prior to U.S. President Donald Trump (not pictured) signing an executive order on AI in the Oval Office at the White House in Washington, D.C., U.S. December 11, 2025. REUTERS/Al Drago
Image

Overview

  • The Washington gathering brings G7 finance ministers together with the EU, Australia, India, South Korea and Mexico, representing about 60% of global critical‑minerals demand.
  • India’s electronics and IT minister Ashwini Vaishnaw has arrived to participate following an invitation confirmed by U.S. officials.
  • Treasury Secretary Scott Bessent will press participants to accelerate diversification, with an official statement expected but no specific joint measures anticipated.
  • The meeting follows reports of new Chinese curbs on rare earths and magnet exports to Japanese firms and on dual‑use items for Japan’s military, as China still dominates refining of key minerals at 47%–87% according to the IEA.
  • Australia is using the talks to advance an $8.5 billion U.S. project pipeline and a new $1.2 billion strategic reserve focused on antimony, gallium and rare earths.