Quad nations challenge China's mineral dominance

The United States, Japan, India, and Australia, known as the Quad, launched a critical minerals initiative to counter China's dominance in the sector. This initiative aims to secure a stable supply of essential minerals for new technologies. The announcement, hosted by US Secretary of State Marco Rubio, follows concerns about China's control over minerals vital for semiconductors and other technologies. The Quad nations pledged to reduce reliance on any single country for these resources. The Quad also discussed regional stability and supply chain diversification, with a focus on cooperation among companies from the member countries. The group last met in January, and President Trump is expected to attend a meeting in India later this year.