- US Treasury’s Bessent said frustrated with lack of urgency
- G7 plus India, South Korea, Australia and Mexico to attend
- China dominates critical minerals production
Washington, D.C
US to push for quicker action in reducing reliance on China for rare earths
Item 1 of 2 Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China October 31, 2010. REUTERS/Stringer/File Photo
[1/2]Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China October 31, 2010. REUTERS/Stringer/File Photo Purchase Licensing Rights
WASHINGTON, Jan 11 (Reuters) – U.S. Treasury Secretary Scott Bessent will urge Group of Seven nations and others to step up their efforts to reduce reliance on critical minerals from China when he hosts a dozen top finance officials on Monday, a senior U.S. official said.
The meeting, which kicks off with a dinner on Sunday evening, will include finance ministers or cabinet ministers from the G7 advanced economies, the European Union, Australia, India, South Korea and Mexico, said the official who was not authorized to speak publicly.
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Together, the grouping accounts for 60% of global demand for critical minerals.
“Urgency is the theme of the day. It’s a very big undertaking. There’s a lot of different angles, a lot of different countries involved and we really just need to move faster,” the official said.
Bessent on Friday told Reuters that he had been pressing for a separate meeting on the issue since a G7 leaders summit in Canada in June, where he delivered a rare earths presentation to gathered heads of state from the U.S., Britain, Japan, Canada, Germany, France, Italy and the European Union.
Leaders agreed to an action plan at the summit to secure their supply chains and boost their economies, but Bessent has grown frustrated about the lack of urgency demonstrated by attendees, the official said.
Aside from Japan, which took action after China abruptly cut off its critical minerals supplies in 2010, G7 members remain heavily dependent on critical minerals from China, which has threatened to impose strict export controls.
China dominates the critical minerals supply chain, refining between 47% and 87% of copper, lithium, cobalt, graphite and rare earths, according to the International Energy Agency. These minerals are used in defense technologies, semiconductors, renewable energy components, batteries and refining processes.
The U.S. is expected to issue a statement after the meeting, but no specific joint action is likely, the official added.
US URGES OTHERS TO FOLLOW ITS LEAD
“The United States is in the posture of calling everyone together, showing leadership, sharing what we have in mind going forward,” said the official. “We’re ready to move with those who feel a similar level of urgency … and others can join as they come to the realization of how serious this is.”
The official gave no details on what further steps were planned by the Trump administration, which is pushing forward to boost domestic production and reduce reliance on China through agreements with Australia, Ukraine and other producers.
The U.S. signed an agreement with Australia in October aimed at countering China’s dominance in critical minerals that includes an $8.5 billion project pipeline. The deal leverages Australia’s proposed strategic reserve, which will supply metals like rare earths and lithium that are vulnerable to disruption.
The official said there had been progress, but more work was needed. “It’s not solved,” they added.
Canberra has said it has subsequently received interest from Europe, Japan, South Korea and Singapore.
Monday’s meeting comes days after reports that China had begun restricting exports to Japanese companies of rare earths and powerful magnets containing them, as well as banning exports of dual-use items to the Japanese military.
The meeting was planned well before that action, U.S. officials said. China was still living up to its commitments to purchase U.S. soybeans and ship critical minerals to U.S. firms.
Reporting by Andrea Shalal; Editing by Michael Perry
Our Standards: The Thomson Reuters Trust Principles.
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Washington, D.C
San Francisco Ballet cancels upcoming performances at Kennedy Center
Sunday, March 1, 2026 6:36AM
SAN FRANCISCO (KGO) — The San Francisco Ballet board has voted to cancel its upcoming performances at the Kennedy Center.
The company is scheduled for a four-day run in Washington D.C. in May.
Petition urges SF Ballet to cancel Kennedy Center tour stop as company opens 2026 season
Last year, Pres. Donald Trump overhauled the Kennedy Center’s board, including naming himself the chairman.
That led several artists to cancel scheduled performances.
A statement from SF Ballet says the group “looks forward to performing for Washington, D.C. audiences in the future.”
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Washington, D.C
97-year-old World War II veteran honored virtually at home
At 97, Veteran Harley Wero wasn’t up for a trip to the nation’s capital, so volunteers from the Western North Dakota honor flight brought the trip to him. Wero, his wife Muriel and their daughter Jennifer got to experience Washington, DC, without ever leaving their home.
Web Editor : Sydney Ross
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Washington, D.C
DC Public Health to begin daily testing of Potomac, Anacostia rivers for E. coli
WASHINGTON – Beginning on Monday, the D.C. Department of Health will be conducting daily tests for E. coli in the Potomac and Anacostia rivers.
It comes more than five weeks after the Potomac interceptor collapse sent millions of gallons of sewage into the river.
The testing will also coincide with an important safety advisory being lifted.
Why it matters:
Director of the D.C. Department of Health, Dr. Ayanna Bennett, says they will begin daily testing for E. coli in the Potomac and Anacostia rivers on Monday, along with help from the Environmental Protection Agency.
Currently, D.C. is only testing weekly.
“We feel really secure that the initial sewage is not a threat to people, it’s passed through some time ago, but we do want to get more information about what the long term condition of the river is gonna be and how we should look at it going forward.”
Big picture view:
Monday is also an important day because it’s when the District is expected to lift its advisory that recommends against recreational activities on the Potomac — we’re talking boating, fishing, walking pets by the water.
It’s important to note, however, that D.C.’s advisory pertains to its portion of the Potomac, and it has no bearing on advisories issued by officials in Maryland or Virginia.
Still, this is being treated by many as a hopeful sign.
What they’re saying:
But significant concerns absolutely remain for residents.
“I’ve had tons of messages from people saying they’re not going to let their kids row crew, they’re not going to go to sailing schools. We catch three million tons of blue cats out of the Potomac River. That season starts next week, and they’re not gonna be able to bring those blue cats to market,” said Dean Naujoks with the Potomac Riverkeepers.
“You knew years ago that parts of this Potomac Interceptor were corroded and vulnerable, especially where it broke, in Cabin John, our neighborhood,” one resident said, speaking at a public meeting in Bethesda on Thursday.
“I know there are small business owners here. Who’s accounting for all of our losses that we’re getting due to your sewer blowing up?” another resident asked.
Officials with D.C. Water, which is a public utility, have been running daily tests and will continue to do so as well.
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