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Carney Strikes Germany Minerals Deal, Narrows Submarine Purchase, Opens LNG Talks in Europe Pivot

The moves reflect a Europe‑focused push to diversify Canada’s security, energy and industrial ties.

Prime Minister Mark Carney is met by a welcoming committee as he disembarks a government plane in Berlin on Aug. 25.
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26 August 2025, Berlin: German Chancellor Friedrich Merz and Canadian Prime Minister Mark Carney hold a joint press conference. Photo: Britta Pedersen/dpa (Photo by Britta Pedersen/picture alliance via Getty Images)
Prime Minister Mark Carney departs a press conference at the National Press Theatre in Ottawa, on Aug. 22.

Overview

  • Berlin announced a CanadaGermany declaration on critical minerals centered on midstream processing, refining and recycling for lithium, copper, tungsten, gallium, germanium, nickel and rare earth elements.
  • Ottawa confirmed two finalists for Canada’s next submarines—Thyssenkrupp Marine Systems and Hanwha Ocean—with shipyard visits set and a planning horizon that targets first deliveries in the 2030s.
  • Carney said Canada will begin discussions on supplying LNG to German buyers and flagged federal investments to expand port capacity, including a major upgrade at Churchill, Manitoba and additional East Coast projects.
  • New commercial links were highlighted, including Aurubis buying copper concentrate from Troilus, Vacuumschmelze purchasing rare earth oxides from Torngat, and Rock Tech sourcing renewable power from Enertrag for a German facility.
  • Canada extended its NATO Operation Reassurance deployment in Latvia by three years, and Carney said security‑guarantee talks for Ukraine are ongoing without concrete commitments.