Quad countries agree to diversify critical mineral supplies amid China concerns

US, Japan, India and Australia pledge to reduce exposure to any one country to avoid ‘economic coercion, price manipulation and supply chain disruptions’ The United States, Japan, India and Australia have pledged to work together to ensure a stable supply of critical minerals, as worries grow over China’s dominance in resources vital to new technologies. The four countries said in a joint statement that they were establishing the Quad Critical Minerals Initiative, aimed at “collaborating on securing and diversifying” supply chains.