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Canada and Germany

Canada and Germany to Expand Cooperation on Critical Minerals

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Canadian Prime Minister Carney is on a trip across Western Europe.

German Chancellor Friedrich Merz welcomed Canadian Prime Minister Mark Carney on Tuesday to discuss, among other topics, critical minerals. The two leaders agreed to expand their cooperation in the field and announced a new initiative to mobilize private investment to finance new projects. A key focus of the collaboration will be on midstream technologies, covering the processing, refining, and recycling of minerals.

The partnership will concentrate on lithium, rare earth elements, copper, tungsten, gallium, germanium, and nickel, according to a joint declaration published by the Canadian government.

Canada has expressed its readiness to be a reliable supplier for its allies, particularly for Germany, Europe’s largest economy and Canada’s leading trading partner in the EU, Bloomberg reports, quoting Prime Minister Carney.

Following the meeting between the two leaders, discussions are planned with representatives from German companies, where critical minerals, especially those used in battery production, will be a central topic.

Last Monday, Carney met with Polish Prime Minister Donald Tusk in Warsaw, where deeper collaboration on critical minerals was also announced.

Photo: iStock/studiocasper

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