G7 countries will have to use "non-market" tactics to curb China's dominance in rare earth production, the US energy secretary said Friday, calling the effort a "strategic necessity."
Energy ministers from the Group of Seven meeting in Toronto this week are working on a coordinated effort to diversify supply chains of the materials vital to high-tech products, where China has built outsized control.
"China, frankly, just used non-market practices to squish the rest of the world out of manufacturing those products, so it got strategic leverage. Everybody sees that now," US Energy Secretary Chris Wright told reporters.
"We need to establish our own ability to mine, process, refine, and create the products that come out of rare earth elements," Wright said.
"We're going to have to interve

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