Canada, South Korea seek deeper cooperation on critical minerals

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Canada, South Korea seek deeper cooperation on critical minerals
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Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol on Friday agreed to deepen cooperation on critical minerals used in electric vehicles (EVs) batteries as both countries seek to cut emissions to fight climate change.

Yoon visited London for the funeral of Queen Elizabeth, and then New York in his first U.S. trip to attend the U.N. General Assembly, before arriving in Canada on Thursday. On Friday, Yoon met Trudeau in Ottawa, and then they both spoke to reporters.

"Yoon and I discussed ways to collaborate in a variety of areas, including essential minerals, batteries for electric vehicles, and emerging technologies, including AI ," Trudeau told reporters.

"The governments and businesses of our two nations will work together for the mineral resources sector to build a cooperative architecture... to respond to the shocks resulting from the changing world order," Yoon added. China is currently by far the dominant global supplier of critical minerals used in EVs. Yoon said it was strategically important for both countries to find an alternative supplier.In March, Stellantis

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