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The phrase "a minimal risk" is correct and usable in written English.
It can be used when discussing the likelihood or potential for harm or loss in a situation, typically in contexts like health, finance, or safety assessments.
Example: "The new procedure has been evaluated and determined to present a minimal risk to patients during the trial phase."
Alternatives: "a slight risk" or "a low risk".
Exact(60)
The policy has been controversial but has also proved effective at striking at terrorist targets with a minimal risk to American lives.
Send up to Tim Peake a dish so delicately prepared and, well, even a minimal risk of food poisoning would be unthinkable.
But for the Yankees, Youkilis poses a minimal risk because he is signed for only one year.
Karsten Voigt, the German diplomat in charge of transatlantic ties, sees a "minimal risk" of an American-Iranian clash before the 2008 presidential election.
The first reaction of Romano Prodi, the head of the commission, was to call for a ban on such weapons—"even if there is a minimal risk".
Out in the middle of the ocean with nothing more than a tiny notebook, the reporter must have seemed a minimal risk compared with the problems he could face if something happened to her.
Whether Danny Graham can is another matter but as a loan recruit the forward represents a minimal risk and offers a certain savviness in dealing with Premier League defences.
By January 2010, however, a multi-agency review undertaken at the start of the Obama administration decided both men posed a minimal risk to national security and ought to be transferred.
It is also important to note, however, that while sorties can be flown against targets in Syria by any coalition air force, Britain would contribute some of the most effective aircrews and precision strike capabilities of any force in the world and its strikes would have maximum effectiveness with a minimal risk of civilian casualties.
However, this accounts for a minority and we see this as a minimal risk.
When you can borrow capital with a minimal risk premium, smart operators plunge in.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com