Canada and Germany have agreed to advance their critical minerals supply chain partnership with a specific focus on stockpiling cooperation and capital investment commitments, Prime Ministers Mark Carney and Chancellor Friedrich Merz confirmed at the G7 summit in Évian.
The two leaders took stock of shared vulnerabilities in raw materials supply chains and agreed to cooperate closely both bilaterally and within the G7 framework, stressing the need for industry to actively diversify away from concentrated sources of supply.
The commitment builds on a Joint Declaration of Intent announced in August 2025, under which Germany and Canada have already deepened integration through a Canadian business mission to Munich, a high-level German critical minerals delegation to the Prospectors and Developers Association of Canada annual convention in Toronto, and the launch of a joint supply chain mapping initiative to identify priority battery value chain opportunities.
The two countries now agree to work together on enhancing a partnership specifically on critical minerals stockpiling, with the aim of leading to concrete capital investments by the end of 2026 — a measurable near-term deliverable that distinguishes the commitment from broader diplomatic declarations.
The agreement reflects the alignment between Canada’s positioning as a strategic critical minerals supplier and Germany’s acute industrial need to secure raw materials for its automotive, electronics and defence manufacturing base, both of which have been exposed by China’s progressive tightening of export controls on strategic materials.
