US Edition
Germany, Canada to Cooperate on Key Raw Materials
- Canada is signing a critical minerals partnership with Germany that encourages joint public financing of natural resources projects.
- Canadian Prime Minister Mark Carney says key Canadian minerals such as nickel and cobalt have gone underdeveloped while China and Russia dominate the global critical minerals market.
- The two countries also aim to cooperate closely in energy, including liquefied natural gas and hydrogen energy.
77 Articles
77 Articles
With an agreement Germany wants to secure raw materials from Canada. Rare earths play a decisive role in this. But until this is the time, the industry needs one thing above all: a lot of patience.
Production Stops Threatened: Chaos Around Rare Earth Forces Merz Government to Cooperate with Canada
Europe is dependent on rare earths in the long term. China has almost a monopoly here – and is taking advantage of this. Canada could help out.
Germany wants to become less dependent on raw materials from China. In order to achieve this, the cooperation with Canada is now being expanded. The country is dismantling numerous raw materials that are needed for new technologies.
Rare earths are highly sought after, but the dependence on world market leader China is great. The federal government now wants to work more closely with Canada.
Germany and Canada want to work more closely together in the dismantling of critical raw materials, thereby making them less dependent on the world market leader China.
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