Canada and Germany cooperate to secure critical mineral supply chains

Canada and Germany will co-fund new critical mineral projects.

Canadian Prime Minister, Mark Carney, visited Germany, Poland and Latvia to strengthen European trade, energy and security ties.

Canada and Germany signed a Joint Declaration of Intent to deepen co-operation to secure critical mineral supply chains, increase collaboration on research and development, and co-fund new critical mineral projects.

The Canadian government introduced the Critical Minerals Production Alliance at the G7 Summit in Kananaskis, Alberta, earlier this year.

The Canada-led initiative leverages trusted international partnerships to enhance critical mineral supply chains for collective defence and advanced technology, and underpins the visit to cement trade and security partnerships in Poland, Germany and Latvia.

The Canadian government hopes to boost domestic investment and create higher-paying jobs, while accelerating the clean energy transition and strengthening transatlantic security with this agreement.

The Prime Minister also underlined the potential for deeper bilateral collaboration between Canada and Germany on liquefied natural gas and hydrogen.