ASM signs G7 critical minerals joint declaration in Paris

16/06/2026

The Forum, convened by French Minister of the Economy, Finance and Industrial, Energy and Digital Sovereignty Roland Lescure, brought together more than 100 leaders from mining companies, industrial groups, financial institutions, export credit agencies and multilateral development banks across G7 nations and partner countries including Australia, South Korea and Brazil.

A formal statement document about accelerating investment in critical minerals projects in G7 countries, dated June 10, 2026, outlining commitments and priorities for resource development.
Read: Statement on accelerating investment for critical minerals projects in G7
countries and like-minded partners

Discussions centred on the structural barriers constraining private capital flows into critical minerals projects — particularly the risk and profitability challenges facing early-stage mining and processing developments. Participants also reviewed progress made by the French Presidency across production support, market measures, traceability, strategic stockpiling, recycling and innovation, ahead of the G7 Leaders’ Summit in Evian on 15–17 June.

The joint declaration endorsed by ASM calls on G7 governments to scale up risk-sharing mechanisms, strengthen cooperation with multilateral development banks, and support early-stage project development — while committing signatory companies to increased mobilisation of private capital through equity, blended finance instruments and long-term offtake agreements.

ASM was grateful to be selected as part of the Australian industry delegation attending the meeting, reflecting our position as one of the few companies operating across multiple G7-aligned jurisdictions in the rare earths and critical minerals value chain.