Secretary Bessent Convenes Finance Ministerial on Securing Critical Minerals Supply Chains

WASHINGTON – Today, Secretary of the Treasury Scott K.H. Bessent, convened a meeting of Finance Ministers at the United States Treasury to discuss solutions to secure and diversify supply chains for critical minerals, especially rare earth elements. Participants in the Ministerial included Treasurer of Australia, Jim Chalmers; Minister of Finance of Canada, François-Philippe Champagne; European Commissioner for Economy and Productivity, Implementation and Simplification, Valdis Dombrovskis; Minister of the Economy, Finance, and Energy of France, Roland Lescure; Vice Chancellor and Federal Minister of Finance of Germany, Lars Klingbeil; Union Minister for Railway, Information & Broadcasting, Electronics & Information Technology of India, Ashwini Vaishnaw; Minister of Economy and Finance of Italy, Giancarlo Giorgetti; Minister of Finance of Japan, Satsuki Katayama; Secretary of Finance and Public Credit of Mexico, Edgar Amador Zamora; Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, Yun-Cheol Koo; and Chancellor of the Exchequer of the United Kingdom, Rachel Reeves.