Overview

• German Economy Minister Katherina Reiche and Canadian counterpart Tim Hodgson signed a joint declaration in Berlin on Tuesday.
• The cooperation centers on technologies for raw material processing, refining and recycling to strengthen industrial supply security.
• Germany aims to cut reliance on Chinese inputs by fostering competitive value chains outside China, the economy ministry said.
• Prime Minister Mark Carney and Chancellor Friedrich Merz backed the initiative, with Carney saying Canada can speed diversification for Europe.
• Targeted materials include cobalt, graphite, lithium, nickel and copper used in batteries, electric motors and wind turbines.