Canada has signed a joint action plan with the U.S. to advance secure supply chains for critical minerals and has similar critical minerals co-operation agreements with Japan and the EU
Canada is ready to become a reliable provider of critical minerals to its international allies including Japan, a senior official said, as the Group of Seven countries deem such minerals essential for climate goals and energy security.
The April 15-16 meeting in Sapporo, part of Japan’s G7 presidency this year, will discuss the growing importance of critical minerals for the clean energy transition and the need to prevent economic and security risks caused by vulnerable supply chains and monopolization, among other topics, the latest draft communiqué seen by Reuters showed.
The main battle among G7 environment and energy ministers this year is focused on whether investments in fossil fuels, in particular liquefied natural gas , can continue and how long coal-fired power plants should continue to operate.
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