Quad launches critical minerals initiative to expedite diversification efforts

The United States, Australia, India and Japan have launched a “Quad Critical Minerals Initiative” aimed at expanding cooperation to reduce reliance on a single country, they said in a joint statement issued after talks in Washington, DC, on Tuesday. “We are deeply concerned about the abrupt constriction and future reliability of key supply chains, specifically for critical minerals,” reads the statement from the countries’ foreign ministers , who met on Tuesday. “This includes the use of non-market policies and practices...