G7 countries considering price floors for rare earth production to counter China, according to Reuters sources; G7 discussed imposing taxes on China's rare earth exports and no decision taken

• One source added "conversation was whether to raise the bar on regulation of foreign investment in critical minerals in order to avoid Cos. going to China".


• "Other option would be geographical restrictions but G7 countries were divided."


• Two other sources said the group discussed a type of carbon tax or tariff on Chinese exports of rare earths and small-volume metals.


• Officials were considering price floors backed by government subsidies.


• One source added Canada looked favourably on price floor idea, though not committed to such a move.

24 Sep 2025 - 17:45- ForexGeopolitical- Source: Reuters