TNPSC Thervupettagam

G7 Critical Minerals Talks

January 15 , 2026 14 hrs 0 min 13 0
  • The United States (US) invited India and Australia to join the G7 finance ministers’ talks on critical minerals in Washington in January 2026.
  • The meeting is being held to secure supply chains of critical minerals needed for defence, technology, and clean energy.
  • The Group of Seven (G7) includes the United States, the United Kingdom (UK), Japan, France, Germany, Italy, Canada, and the European Union (EU).
  • Australia has large reserves of rare earths and lithium, and it signed an agreement with the US in October 2025 on mineral cooperation.
  • China controls 47% to 87% of the global refining of key minerals like lithium, cobalt, graphite, copper, and rare earths.
  • The talks aim to reduce dependence on China and diversify global mineral supply chains.

 

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