G7 leaders agree strategy to protect critical mineral supply - draft

ReutersJun 16, 2025 2:49 PM

KANANASKIS, Alberta, June 16 (Reuters) - Group of Seven leaders on Monday provisionally agreed a strategy to help protect the supply of critical minerals and bolster their economies, according to a draft statement seen by Reuters.

"We will work together and with partners beyond the G7 to swiftly protect our economic and national security," said the statement.

The draft statement had not been approved by U.S. President Donald Trump, according to a source.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Brent Spot $190 Warning: WTI Flips Global Benchmark in Rare Price Inversion as Geopolitical Tensions Flare

TradingKey - Since April, as the conflict in the Middle East has continued to escalate, the oil market has undergone a dramatic transformation: WTI crude has been repriced, not only matching the performance of the global benchmark Brent crude but also surpassing it during several trading sessions. O

Oracle Stock Surges 12%, Why Is It Outperforming Peers MSFT, AMZN, GOOG?

TradingKey - Oracle (ORCL) shares surged 12.69% on Monday to close at $155.62, reaching an intraday high of $155.91, as trading volume spiked significantly. This rally represents a repricing driven by a combination of fundamental improvements and a recovery in expectations.

SK Hynix Shares Break 1.1 Million Won to Hit New High: How Much Longer Can AI Memory Leader Rise?

TradingKey - On April 14, 2026, SK Hynix shares extended their rally, breaking the 1.1 million won mark intraday and hitting an all-time high of 1.13 million won. The company’s total market capitalization subsequently climbed to approximately 110 trillion won (about $80 billion), firmly securing its position as the second-largest company by market value in the South Korean stock market, trailing only Samsung Electronics. Looking back over the past few years, SK Hynix's stock price has been characterized by significant volatility. During the global memory chip industry’s cyclical downturn in 2022, the share price once dropped below 80,000 won. Driven by the explosive growth in demand for AI computing power, the company achieved a dual recovery in earnings and valuation through its forward-looking strategic positioning in the HBM (High Bandwidth Memory) sector. Entering 2026, the rally further accelerated, with a year-to-date (YTD) gain exceeding 35%, while the benchmark KOSPI index rose by less than 3% during the same period.

Musk’s XChat Is Coming to App Store, Meta, Apple and Finance World Are Trembling

Elon Musk’s XChat, the Western equivalent of WeChat, is set to launch on the App Store, issuing a direct challenge to giants such as Meta, Apple, and PayPal.

Microsoft Launches Its Own AI Models and Ditches OpenAI Dependence - Is MSFT Stock a Buy at $370?

Microsoft at $370 is a 17%-revenue-growth, 47%-margin, $625-billion-backlog business trading at a multi-year low valuation, because the market is scared of macro noise. The AI model releases this week prove the moat is deepening, not narrowing.

Featured Tools