US, Australia, India, and Japan Establish the 'Quad' Alliance to Address Rare Earth Supply Challenges
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As reported by The Register, the United States, Australia, India, and Japan have formed the 'Quad' alliance and initiated the 'Critical Minerals Initiative.' This collaborative effort aims to fortify the rare earth supply chain and address associated supply issues. In a collective statement, the four nations emphasized that this action stems from concerns about the abrupt disruption and future reliability of critical mineral supply chains, a sentiment echoed by the European Union.