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G7 finance ministers to meet in Washington to discuss rare earths, three sources say

By Thomson Reuters Jan 6, 2026 | 7:36 AM

BRUSSELS, Jan 6 (Reuters) – Finance ministers from the Group of Seven ‍nations will meet in Washington on January 12 to discuss rare earths supplies, three sources familiar ‌with the matter ‌said on Tuesday.

One of the sources added that price floors for rare earths would ​be a point of discussion, among ‍other critical mineral ​topics.

G7 countries, except ​Japan, are heavily or ‍exclusively reliant on China for a range of materials from rare earth magnets to battery ‍metals. In June last year, the G7 agreed on an ‍action ‍plan to ​secure their supply chains ​and ⁠boost their economies.

(Reporting ‌by Makiko Yamazaki in Tokyo, Julia Payne in Brussels and Trevor Hunnicutt in Washington; Editing by Alex ⁠Richardson)