OPINION_ G7 Commits to End China’s Monopoly on Rare Earths (Milton Ezrati - THE EPOCH TIMES)

THE EPOCH TIMES

OPINION

G7 Commits to End China’s Monopoly on Rare Earths

The large economies of the G7 have decided to take steps that will end China’s rare-earth monopoly, but their efforts will take time.

A container of europium oxide imported from China sits in the storage room of Tradium, a rare-earths trading firm, in Frankfurt, Germany, on Nov. 4, 2025. Decades of market manipulation, state backing, and aggressive investment have made China the world’s dominant supplier of rare-earth elements. Kirill Kudryavtsev/AFP via Getty Images 

Milton Ezrati
11/16/2025|Updated: 11/16/2025

Commentary


Beijing has threatened to stop the flow of rare-earth elements so many times in just the last few months that all the world’s major economies have decided to join the United States and have jointly committed themselves to developing other, non-Chinese sources of these crucial minerals.

At late October meetings in Toronto, Canada, energy ministers of the G7 countries—Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—noted the crucial importance of these minerals to advanced technologies and decided to work together to find alternative sources of minerals and so do away with China’s present monopoly on their mining and refinement.

G7 activities will add to those efforts already being pursued separately by Washington. Eventually, all these efforts will undermine China’s current position of strength, given its almost complete control over rare-earth elements. That result, however, will take time.

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READ MORE: https://www.theepochtimes.com/opinion/g7-commits-to-end-chinas-monopoly-on-rare-earths-5944527?ea_src=frontpage&ea_med=section-2

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