Natural Resources Minister Tim Hodgson says G7 countries will announce a pact on critical minerals this week, incorporating a range of commodities and companies.

Natural Resources Minister Tim Hodgson said the G7 is set to announce a major multilateral critical minerals pact involving offtake agreements, price floors, and stockpiling deals in a co-ordinated bid to fight market manipulation from China.

The announcement will be unveiled Friday on the second day of the G7 energy and environment ministers’ meeting in Toronto with Canada hosting its Group of 7 cohort of The United States, France, Germany, Italy, Japan, and the United Kingdom.

In an interview with The Globe and Mail in Toronto on Wednesday, Mr. Hodgson said the critical minerals pact will incorporate a range of commodities an

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