Treasurer Heads to G7 Meeting in Washington For Rare Earth Talks

Jim Chalmers is expected share with his counterparts Australia’s plan to build a $1.2 billion critical minerals stockpile.
Treasurer Heads to G7 Meeting in Washington For Rare Earth Talks
Treasurer Jim Chalmers speaks in Question Time in the House of Representatives in Canberra, Australia on Nov. 4, 2025. Hilary Wardhaugh/Getty Images
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Australian Treasurer Jim Chalmers is heading to Washington for a G7 financial minister meeting to discuss rare earth with important allies.

There, Chalmers is expected to share Australia’s plan to build a $1.2 billion (US$800 million) critical minerals stockpile aimed at reducing the country’s reliance on China for critical metals needed in the manufacture of defence equipment and renewable energy technology.

Rex Widerstrom
Rex Widerstrom
Author
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.