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G7 and EU Consider Price Floors on Chinese Rare Earths

9/25/2025

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Summary

Story summary

Group of Seven (G7) and European Union (EU) weigh price floors on Chinese exports to boost rare earth production.
China, the leading rare earth producer, imposed export controls in April, affecting European automakers.
G7 launched a Critical Minerals Action Plan in June to reduce reliance on China.
A Chicago meeting focused on regulating foreign investment in critical materials.

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Story summary

Group of Seven (G7) and European Union (EU) weigh price floors on Chinese exports to boost rare earth production.
China, the leading rare earth producer, imposed export controls in April, affecting European automakers.
G7 launched a Critical Minerals Action Plan in June to reduce reliance on China.
A Chicago meeting focused on regulating foreign investment in critical materials.