Canada, Australia sign new agreements on critical minerals, PM Carney says
Canada and Australia plan deeper cooperation on defence, AI, and trade while joining the G7 minerals alliance to form a trusted coalition controlling over a third of key mineral supplies.
- Speaking to Australia's Parliament on Thursday, Carney said Canada and Australia hold 'rare convening power' because their allies trust them.
- Carney framed his speech as a response to a rupture in the post-World War II rules-based order and urged middle powers to unite on five collaboration areas: critical minerals, defence, artificial intelligence, trade and capital.
- He highlighted resource and financial leverage with Canada and Australia’s joint critical minerals alliance and a $25 billion war chest controlling lithium, uranium, and iron ore.
- Earlier in the day, Carney met Australian Prime Minister Anthony Albanese and his full cabinet in a rare welcome ceremony, while Ottawa and Canberra agreed to modernize their bilateral tax and investment treaty, and Carney held meetings with business leaders to align support for these initiatives.
- Carney framed future strategy around variable geometry, saying Canada builds resilience through dense connections and the ad hoc coalition of middle powers could anchor a 1.5 billion people trading bloc.
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64 Articles
Canada, Australia Sign Agreements On Critical Minerals And Defence
CANBERRA — This week, Prime Minister Carney met with Prime Minister Anthony Albanese, marking the first bilateral visit of a Canadian Prime Minister to Australia in nearly two decades. The two released a joint statement outlining new partnerships in investment, defence and security, critical minerals, energy, and artificial intelligence. Prime Minister Carney also accepted the invitation to address the Australian Parliament, where he spoke about…
In the news: Carney in Canberra, Canada and the Mideast, knitting popularity booms
Here is a roundup of stories from The Canadian Press designed to bring you up to speed … Carney continues middle power pitch in Australia Canada and Australia have a “rare” ability to help convene a coalition of middle powers because their allies know they can be trusted, Prime Minister Mark Carney said in a […]
Australia joins G7 global alliance on critical mineralsAustralia has officially joined the G7 alliance on critical minerals. The partnership aims to create a reliable supply chain for lithium, uranium and iron ore, bypassing China.
"More resilient, more just": Canada and Australia to work closely amid "ruptured" rules-based global order
Australia and Canada have agreed to deepen their ties after Canada's Prime Minister urged middle powers to collaborate in the face of a ruptured ruled-based world order. Describing the two countries as strategic cousins, both Mark Carney and Anthony Albanese agreed that like-minded middle powers must work together to secure their future.
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