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France convenes G7 on critical minerals to curb China's grip

France aims by 2030 to meet all European heavy rare-earth demand and about 25% of light rare-earth demand, officials said.

Summary by Reuters
France has called an online meeting of G7 countries ‌for Thursday to discuss how to break China's stranglehold on critical materials, Finance Minister Roland Lescure said, announcing plans to rebuild the industry in France.

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Market Screener broke the news in Annecy, France on Tuesday, May 5, 2026.
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