Canadian Prime Minister Mark Carney used a landmark address to the Australian parliament to highlight growing cooperation between two major “middle powers” on critical minerals, security and technology.
During his Asia-Pacific tour, Carney met Australian Prime Minister Anthony Albanese, with both leaders announcing deeper coordination on mineral supply chains and strategic industries.
In his speech, Carney said middle powers must “combine for strength” amid intensifying global rivalry.
Key developments:
• Australia will join Canada’s G7 critical minerals production alliance aimed at securing supply chains.
• The two countries together produce roughly one-third of global lithium and uranium, and over 40% of iron ore.
• Australia’s A$1.2bn critical minerals stockpile, including antimony, gallium and rare earths, will align with Canada’s defence stockpiling system.
Both governments also pledged closer cooperation on defence, maritime security, trade and artificial intelligence.
ℹ️ Reuters
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