Germany and Canada will sign an agreement Tuesday on boosting cooperation in the field of critical raw materials, Chancellor Friedrich Merz said, as they seek to reduce heavy dependence on China.

China’s dominance in supplying the world with such materials has been in the spotlight since Beijing this year introduced export curbs on some key rare earths, triggering jitters among businesses globally.

Rare earths are used in a wide variety of products from electric car batteries to wind turbines and computer hard drives.

At a press conference in Berlin alongside Canadian Prime Minister Mark Carney, Merz said that Canadian and German ministers would sign a memorandum of understanding on raw materials.

“This is a collaboration that I very much welcome and that we support,” the German leader

See Full Page