Quad Critical Minerals Initiative launched by Quad...

The Quad nations—US, Japan, India, and Australia—have launched the Quad Critical Minerals Initiative to secure and diversify critical mineral supply chains, aiming to reduce overreliance on any one country, particularly China. The joint statement warns of risks like economic coercion, price manipulation, and supply disruptions. While avoiding direct mention of China, the ministers voiced concern over aggressive actions in the South and East China Seas. U.S. Secretary of State Marco Rubio emphasized the need for "real progress" on supply chain resilience. Trump is expected to attend a Quad summit in India later this year.

Tuesday, 1 July, 2025