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President William Ruto meet Korean President Lee Jae Myung on the sidelines of the G7 Summit in France on June 17, 2026. [PCS]

The Group of Seven (G7) leaders have unveiled an ambitious plan to strengthen and diversify global supply chains for critical minerals.

The leaders have cited growing concerns over economic coercion, market concentration, and the strategic importance of minerals used in clean energy, digital technologies, and defense industries.

In a declaration issued following their summit discussions, the leaders reaffirmed the urgency of reducing dependence on a limited number of suppliers and building resilient supply chains for minerals such as lithium, nickel, rare earth elements, and other resources essential to the global energy transition. Australia, a partner country of the G7, also endorsed the declaration.