US, Japan, India, Australia announce minerals initiative – DW – 07/02/2025
www.dw.com
The so-called Quad group was hosted by US Secretary of State Marco Rubio and announced a critical minerals initiative. The group wants to counter China's dominance in the field of minerals essential for new technology.

cross-posted from: https://lemmy.sdf.org/post/37886294

The United States along with Japan, India and Australia announced a critical minerals initiative on Tuesday amid concerns over China’s dominance in the field.

The group of four, also known as the “Quad,” pledged to work towards a stable supply of minerals that are necessary for new technologies.

“Reliance on any one country for processing and refining critical minerals and derivative goods production exposes our industries to economic coercion, price manipulation and supply chain disruptions,” a joint statement by the group said.

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  • Deceptichum@quokk.auMEnglish
    21·
    4 days ago

    Yay let’s continue to dig up and sell of our nation, so foreign corporations can manufacture things from it with near slave labour, and sell it back to us while we all get poorer.

    Considering how badly we’ve wasted trillions of dollars with our shitty neoliberal mining policies, and the immense damage it’s done to our country and history (ex. destroying historical Aboriginal sites), mining should just be banned.

    • randomname@scribe.disroot.orgEnglish
      2·
      4 days ago

      mining should just be banned

      Mining the way you described it should be banned. No one has said that it should be done this way.

      One thing we urgently need is transparent supply chains to exactly prevent ‘neoliberal mining policies’ (and exploitative practices in other industries). It is exactly China which is among the countries massively lobbying against such transparency, and there is strong evidence for forced labour practices in the country.

      Pointing the finger to the West and its exploitative history without mentioning how Chinese and other authoritarian governments are using exactly these neoliberal practices today amounts to nothing else than whataboutery imo.