G7 nations discuss permanent secretariat for critical mineral supply expansion

G7 nations are discussing establishing a permanent secretariat to ensure ongoing efforts in critical mineral supply expansion. This initiative aims to reduce reliance on China, which dominates the production of minerals vital for defense, energy transition, and manufacturing. The secretariat could be housed within the IEA or OECD in Paris. The proposed secretariat may help implement decisions on critical raw materials expected at the June G7 summit, potentially including measures for stockpiling.