Canada and Japan Consider Joint Critical Mineral Projects to Counter China

AI Summary

Canada and Japan are discussing joint critical mineral projects and stockpiling plans to reduce China’s dominance in the market. This initiative involves over C$1 billion worth of cooperation between the two G7 nations to secure key metals.

Canada and Japan are considering cooperation in critical mineral projects and a potential plan of joint stockpiling of key metals as the two G7 economies look to reduce China’s outsized dominance in the market, Canada’s Minister of International Trade, Maninder Sidhu, told Reuters in an interview published on Friday. “We're offering Japan that avenue to do more with Canada in terms of critical minerals,” said Sidhu, who led a Canadian delegation on a visit to Japan. Japanese and Canadian companies signed more than C$1 billion,…