Canada and U.S. Finalize Joint Action Plan on Critical Minerals Collaboration
“With $2.6-billion worth of goods and services moving between Canada and the U.S. every day, both of our economies are better off when we work together. By finalizing the Canada–U.S. Joint Action Plan on Critical Minerals Collaboration, we are advancing secure access to the critical minerals that are key to our economic growth and security — including uranium and rare earth elements — while bolstering our competiveness in global markets and creating jobs for Canadians.”
The Honourable Seamus O’Regan
Canada’s Minister of Natural Resources
On December 18, 2019, Canada announced that it joined the U.S.-led, multi-country Energy Resource Governance Initiative, which aims to promote secure and resilient supply chains for critical energy minerals. The Initiative complements the Government of Canada’s longstanding efforts to increase transparency in the extractive sector and ensure developing countries have the capacity to manage natural resources in line with the UN Sustainable Development Goals. Canada’s partnership in the initiative is an early demonstration of our commitment to cooperate with the U.S. under the broader Action Plan.
Canada is an important supplier of 13 of the 35 minerals that the U.S. has identified as critical to economic and national security. We have the potential to become a reliable source of other critical minerals, including rare earth elements, key components in many electronic devices that we use in our daily lives. Canada is currently the largest supplier of potash, indium, aluminum and tellurium to the U.S. and the second-largest supplier of niobium, tungsten and magnesium. Canada also supplies roughly one quarter of the uranium needs of the U.S. and has been a reliable partner to the U.S. in this commodity for over 75 years.
Natural Resources Canada
Director of Communications
Office of the Minister of Natural Resources
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