G7 Discusses Permanent Unit for Critical Minerals Amid Global Supply Concerns
The Group of Seven (G7) countries are in discussions to establish a permanent secretariat to oversee initiatives aimed at increasing the supply of critical minerals. This move is intended to ensure the continuity of these initiatives beyond the rotating presidencies of the G7. The discussions come amid concerns about reliance on China, which currently dominates the production of essential minerals used in defense, energy transition, and manufacturing. The United States and the European Union have recently agreed to enhance coordination on critical minerals like lithium, cobalt, and rare earths. However, European countries have expressed reluctance to allow the U.S. to lead the project due to fears of restricted access during crises. The secretariat could potentially be housed at the International Energy Agency or the OECD, both based in Paris. 
