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The Quad's economic
security imperative

 
 

15 July 2026

As US President Donald Trump reinstates a blockade on the Strait of Hormuz and global interest points back to the Middle East, the increasing relevance of critical minerals for national security continues to be a focus for the Quad governments (Australia, Japan, India and the United States).  

Just last week, during Indian Prime Minister Narendra Modi’s visit to Melbourne for the Third Australia–India Annual Summit, the two countries reaffirmed cooperation on critical minerals, including a “refreshed MOU between Geoscience Australia and Geological Survey of India.” This comes after Australia and Japan announced critical minerals as a “core pillar” of their economic security relationship during Prime Minister Sanae Takaichi’s visit to Australia in May. Similarly, on 13 July, the Pentagon announced a US$25 million investment with ReElement Technologies to expand US critical minerals refining capacity.  

While such individual and bilateral steps are being taken to strengthen critical minerals security, USSC Director of Economic Security Hayley Channer and Research Fellow Robert Monterosso outline ways forward for the Quad in the recently published “Operationalising the Quad Critical Minerals Initiative.” Drawn from a workshop bringing more than 30 experts, policymakers, and industry stakeholders from across the Quad countries, the report argues that to mitigate critical minerals strategic vulnerability, the Quad should work together on tax system alignment, targeted R&D investment and deepened strategic coordination across the Quad. 

As geopolitical uncertainty grows and competition for critical minerals intensifies, deeper cooperation between the Quad countries will be increasingly important to strengthening economic resilience and reducing strategic vulnerabilities. 

 

Han-Keul Page
Media and Publications Officer

Lead image: Prime Minister of India Narendra Modi and Prime Minister of Australia Anthony Albanese at the Melbourne Cricket Ground on 10 July 2026. (Photo by Asanka Ratnayake via Getty Images)

 

"Strengthening our domestic refining capacity for rare earth elements and other critical minerals is a national security imperative."

Assistant Secretary of War for Industrial Base Policy Michael Cadenazzi in a statement | 13 July 2026

 
 

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Upcoming event

PUBLIC FORUM

The making of America's first Pacific Century: A conversation with historian Christopher Capozzola

Amid rising strategic competition in the Indo-Pacific, US relations with nations such as the Philippines are increasingly in the global spotlight. But the history of the United States in the Indo-Pacific extends well beyond the modern age and is often forgotten. International migration, conflict and war have shaped a century of US Indo-Pacific influence and alliances, with implications for the modern day.

What is the history of US involvement in the Indo-Pacific? How did the US-Philippines alliance shape a century of US foreign policy? What do the lessons of history teach us about the present moment in US-Pacific relations?

To answer these questions, please join us for a discussion with MIT Professor of History Christopher Capozzola, in conversation with USSC CEO Dr Michael Green.

DATE AND TIME

20 July 2026
6.00pm–7.00pm AEST

WHERE

Auditorium, The Michael Spence Building (F23) at the Corner of Eastern Avenue and City Road, The University of Sydney

DETAILS

Free, but registration is essential

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University of Sydney NSW 2006

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The United States Studies Centre at the University of Sydney is a university-based research centre, dedicated to the rigorous analysis of American foreign policy, economic security, emerging technology, politics, society and culture. The Centre is a national resource, that builds awareness of the dynamics shaping America, their implications for Australia and — critically — solutions for the Alliance.


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