Copper refinement in action, in a Montreal, Canada ANDREJ IVANOV

The G7 announced two dozen new projects Friday aimed at reducing China's dominance of critical mineral supply chains, as Canada's energy minister vowed the alliance was "serious" about reforming the global market.

The deals, announced as Group of Seven energy ministers con

The initial steps taken by the newly launched G7 Critical Minerals Production Alliance "sends the world a very

"We are serious about reducing market concentration and dependencies," he said, referencing China.

Ministers from Britain, Canada, France, Germany, Italy, Japan, and the United States met in Toronto after US President Donald Trump and China's President Xi Jinping reached a deal that will see Beijing suspend certain rare earth export restric

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