Canada eyes deeper energy ties with Germany through critical minerals partnership
Canada and Germany agreed to collaborate on critical minerals and co-fund infrastructure projects, including port expansions in Churchill and Montreal, to strengthen economic ties.
- On Tuesday in Berlin, Canada and Germany signed a non-binding critical minerals agreement to deepen cooperation on resource extraction.
- The agreement follows Germany's efforts to diversify away from Chinese raw materials amid stricter export controls imposed since April.
- Canada, which has 34 critical raw materials with 26 mined domestically, plans major infrastructure investments including new port facilities in Churchill and Montreal.
- Prime Minister Mark Carney said Canada can accelerate diversification for Germany and Europe and announced co-funding projects, while Chancellor Merz praised the collaboration as welcomed and supported.
- This partnership implies strengthened bilateral ties in critical minerals and defense, with Canada seeking to become Europe’s preferred energy and raw material partner amid global supply vulnerabilities.
10 Articles
10 Articles
Both countries agree to encourage joint public funding of natural resource-related projects.
Canada eyes deeper energy ties with Germany through critical minerals partnership
BERLIN — Canada is signing a critical minerals partnership with Germany that encourages the joint public financing of natural resources projects. Prime Minister Mark Carney says for too long, key Canadian minerals such as nickel and cobalt have gone underdeveloped while China and Russia dominate the global critical minerals market. Carney says the two countries […]
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