https://www.engineeringnews.co.za
Innovation|SECURITY|Technology|Environmental
Innovation|SECURITY|Technology|Environmental
innovation|security|technology|environmental

Canada, EU in raw materials pact to cut China reliance

 Justin Trudeau, left, Charles Michel, and Ursula von der Leyen speak following an EU and Canada summit in Brussels, on June 15.

Justin Trudeau, left, Charles Michel, and Ursula von der Leyen speak following an EU and Canada summit in Brussels, on June 15.

16th June 2021

By: Bloomberg

  

Font size: - +

Canada and the European Union launched a new partnership to secure supply chains for critical minerals and reduce dependence on China in a push for jobs and to counter climate change.

“With EU partners, we talked about what we can do to build a cleaner economy for years to come,” Canadian Prime Minister Justin Trudeau told reporters on Tuesday after meeting with EU chiefs in Brussels. “To begin with, in order to continue creating good, green jobs for the middle class, we must secure supply chains for critical minerals and metals that are essential for things like electric car batteries.”

Ursula von der Leyen, head of the European Commission, the EU’s executive arm, mentioned China.

“We as Europeans want to diversify our imports away from producers like China because we want more sustainability, less environmental damage and we want transparency on raw materials,” Von der Leyen said, speaking alongside Trudeau.

The partnership was unveiled as the world’s biggest economies continuing to spar over everything from human rights to technology exports, with China mocking US efforts to build a broader coalition to counter Beijing and calling Washington “very ill indeed".

“These raw materials, like for example critical minerals and metals, are indispensable for the green and digital transition,” Von der Leyen said.

Canada and the EU said in a joint statement that the partnership will focus on enhancing “security and sustainability of trade and investment; integration of raw material value chains; science, technology and innovation collaboration; and environmental, social, governance” criteria.

Edited by Bloomberg

Comments

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.072 0.126s - 160pq - 2rq
Subscribe Now