06:54 AM EDT, 08/26/2025 (MT Newswires) -- Canada Tuesday said its department of natural resources (NRCan) and Germany's federal ministry for economic affairs and energy (BMWE) recognize the strategic importance of critical minerals to the economic and national security of the two countries, including defense applications, the energy transition, clean technology manufacturing, and advanced manufacturing.

The two stated they concur on the growing need for secure, diversified, and resilient critical mineral supply chains that reduce reliance on any single source and strengthen economic security.

They have established the following common objectives in Tuesday's joint declaration of intent on critical minerals cooperation:

-- Promote and strengthen cooperation and trade in the critical minerals value chain, with a focus on midstream technologies, including mineral processing, refining, and recycling;

-- Focus coordinated efforts around Lithium, Rare Earth Elements, Copper, Tungsten, Gallium, Germanium, and Nickel;

-- Strive to facilitate public investments by governments to advance projects of mutual interest, in addition to promoting private capital investment in priority projects;

-- Coordinate support and de-risking of strategic projects through active participation in joint International Initiatives on Critical Minerals;

-- Encourage commercial partnerships and research collaborations between Canadian and German companies, financial institutions, research organizations and Indigenous partners.