The Group of Seven (G7) nations are aiming to reduce China’s control over the supply of critical minerals, specifically rare earth elements, with a goal of limiting Chinese provision to under 60% by the end of the decade. This initiative follows China’s implementation of export controls last year on most critical minerals globally. The move is driven by concerns over supply chain vulnerabilities and potential geopolitical leverage wielded by China through its dominance in these resources. The G7 intends to diversify sourcing, invest in domestic production, and strengthen partnerships with other resource-rich nations. These minerals are essential for a range of modern technologies, including electric vehicles, smartphones, and defense systems. The plan seeks to mitigate risks associated with reliance on a single supplier and ensure stable access to these vital materials for member nations. The strategy will likely involve significant investment and international cooperation to achieve its objectives.