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US says 'non-market' tactics needed to counter China's rare earth dominance
US says 'non-market' tactics needed to counter China's rare earth dominance
Economy
by  AFP

G7 countries will have to use "non-market" tactics to curb China's dominance in rare earth production, the US energy secretary said Friday, calling the effort a "strategic necessity." Canada's Energy Minister Tim Hodgson, who is hosting the meeting which ends on Friday, said the G7 is aiming to launch a new alliance to upend the global supply of critical minerals, including rare earths.