Canada-South Korea Partnership on Critical Minerals Gains Momentum

Critical minerals have become essential components in the global economy, and Canada and South Korea are taking steps to strengthen their partnership on this front.

The two countries' resource potential and industrial scale make them a compelling match for cooperation, particularly in areas such as graphite and rare-earth elements.

Canada's deep resource potential and low-carbon power are complemented by its strategic position within North American manufacturing networks, while South Korea brings the industrial demand and processing expertise needed to turn those advantages into supply.

The policy architecture is already in place, with a 2022 Critical Minerals Strategy from Canada and a Critical Minerals Securing Strategy from South Korea.