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The Economic Times

Economy / The Economic Times

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Aiming at China, Quad announces massive USD 20 bn critical minerals framework

The Quad nations have launched a critical minerals cooperation framework. This initiative pledges up to USD 20 billion in capital to strengthen supply chains. The grouping expressed concerns over economic coercion. This move aims to ensure diversified and reliable access to vital minerals for advanced technologies and economic growth.

26 May 2026 8:06 pm