China is launching a global cooperation initiative on green minerals with developing nations as it looks to consolidate its dominance in rare earth elements and other critical minerals. At the G-20 summit in South Africa, Chinese Premier Li Qiang launched an “international economic and trade co-operation initiative on green minerals” while defending China’s current curbs on exports of rare earths. The alliance is expected to include China and more than a dozen other nations including Zimbabwe, Cambodia, Nigeria, and…