Quad Advances Critical Minerals, Chip Supply Plans Amid China Export Restrictions
After a meeting alongside G20 talks in Atlanta, the United States, Japan, Australia, and India announced new projects to strengthen supply chains.
TL;DR
- The Quad countries (US, Japan, Australia, India) announced new measures for critical minerals and advanced computer chips.
- These measures aim to secure supply chains and reduce dependence on concentrated sources.
- The Quad met in Atlanta on the sidelines of a G20 foreign ministers’ meeting.
- A $10 million U.S. commitment was announced to support critical-mineral recycling in India and Southeast Asia.
- A new effort will identify potential disruptions in semiconductor production.