
U.S. Treasury Secretary Scott Bessent announced that Australia and India have been invited to a G7 finance ministers' meeting in Washington on Monday to discuss critical minerals. The meeting aims to secure supply chains and reduce reliance on China, which currently dominates mineral refining. While Australia has an existing agreement with the U.S. on critical minerals, India's acceptance of the invitation was uncertain at the time of reporting. The G7 nations are seeking to bolster their economies and reduce dependence on China's supply chain.
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