Germany's Scholz kicks off Canada visit focused on minerals, energy

An image of Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz

Canadian Prime Minister Justin Trudeau met with German Chancellor Olaf Scholz on Monday.

23rd August 2022

By: Reuters


Font size: - +

MONTREAL - German Chancellor Olaf Scholz met with Canadian Prime Minister Justin Trudeau on Monday morning in his first meeting of a three-day trip focused on cultivating alternative sources of critical minerals for electric vehicles (EVs) and energy.

Canada will ink Memorandums of Understanding (MOU) with Volkswagen, a Canadian government source said, and with Mercedes-Benz Group, according to sources in Canada and Germany, to develop supply chains for critical minerals like nickel, lithium and cobalt that are used in EVs.

Both will be announced on Tuesday in Toronto, the Canadian source said.

The MOUs "will show the partnership that these two companies see in Canada," the Canadian source said. "The companies will be moving along in partnerships, and signings and things like that with Canadian companies in the very, very near future."

State Secretary for Economic Affairs Franziska Brantner, who is traveling with the German delegation, told Reuters on Monday the German car industry could invest in Canada to process lithium there right away.

"Canada has almost all the raw materials that Russia has - but it is democratic, offers reliable legal frameworks," Brantner said.

VW CEO Herbert Diess is among those traveling with the Germany delegation, as is Mercedes-Benz Chief Technology Officer Markus Schäfer.

Meanwhile Scholz met with Trudeau and members of his Cabinet on Monday morning and held a news conference afterward.

Germany fears a further reduction of natural gas supplies from Russia this winter in retaliation for Western sanctions following the invasion of Ukraine, Economy Minister Robert Habeck told German broadcaster ARD on Monday. Read full story

"Canada obviously wants to support our German and European friends and allies in the context of the situation that they are facing themselves in the short term," Canada's Natural Resources Minister Jonathan Wilkinson told Reuters last week.

During the interview, Wilkinson underscored Canada's potential to provide clean hydrogen to Germany and the rest of Europe instead of trying to build new liquefied natural gas (LNG) terminals as the world pivots away from fossil fuels. 

On Tuesday, Canada and Germany will sign an agreement in Newfoundland to develop clean hydrogen for export to Germany by as early as 2025, Wilkinson said.

Edited by Reuters


Latest News

Women in mining
Minerals Council launches women in mining website
27th September 2023 By: Marleny Arnoldi


Magni SA
Magni SA

Magni SA is committed to developing the safest Telehandlers available to our customers for underground and surface mining, construction, forestry,...


Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...


Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (22/09/2023)
22nd September 2023 By: Martin Creamer

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
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?







sq:0.078 0.114s - 91pq - 2rq
Subscribe Now