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G7 Finance Ministers Tackle Rare Earth Supply Crisis

1/6/2026

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Summary

Story summary

Group of Seven (G7) finance ministers will gather in Washington on January 12 to discuss rare earth supply issues and set price floors for critical minerals.
The Group of Seven nations excluding Japan rely on China for essential materials.
Last June, the G7 launched a plan to strengthen supply chain security and resilience.
The United States has set a minimum price for domestic rare earths to spur investment outside China.

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Story summary

Group of Seven (G7) finance ministers will gather in Washington on January 12 to discuss rare earth supply issues and set price floors for critical minerals.
The Group of Seven nations excluding Japan rely on China for essential materials.
Last June, the G7 launched a plan to strengthen supply chain security and resilience.
The United States has set a minimum price for domestic rare earths to spur investment outside China.