news 
U.S. – China Rare Earths Minerals Deal Can Be Upscaled Via G20
A recent agreement between the United States and China on rare earth magnets is a significant step forward for the technology sector, defense industry, and the environment. However, this deal remains fragile in light of ongoing tariffs and disputes within the World Trade Organization. To build on this momentum and ensure long-term sustainability, it is crucial to expand this arrangement through a systemic approach, leveraging the G20 platform.
In recent research, I proposed the concept of a “minerals trust” to facilitate the green transition. This trust would provide a framework for international cooperation, enabling the sharing of best practices, and the development of innovative technologies. The initiative’s focus on sustainable mineral extraction, recycling, and secondary sourcing would align with the goals of the 30% Club, an effort dedicated to promoting sustainability in business.
The proposed trust would also empower countries to collectively manage critical minerals supply chains, ensuring a steady flow of essential materials for electric vehicles, renewable energy systems, and other green technologies. Furthermore, this international agreement would foster cooperation among nations in addressing environmental concerns and mitigating the risks associated with mineral extraction and processing.
In light of this recent agreement, it is imperative that we seize this opportunity to further develop and refine our understanding of critical minerals management. The G20 has a vital role to play in fostering global cooperation on rare earths and other strategic minerals.
As such, I recommend that policymakers and business leaders alike recognize the importance of a multilateral approach in securing long-term stability for these essential resources.
Source: www.forbes.com
