According to a Reuters report, Canadian Prime Minister Trudeau, who is visiting Germany, announced on the 26th that he will be part of the consortium formed by Thyssenkrupp Marine Systems (TKMS) and a Norwegian company as the contractor for the country's new submarine project. Canada and Germany have agreed to deepen their cooperation in critical minerals. In the context of increasing global trade and security tensions, it shows initiatives to strengthen cohesion.

The plan will deliver 12 submarines to the Canadian Navy. In addition to the TKMS consortium, a South Korean company is still in the final shortlist.

Korn said he will visit TKMS facilities in Kiel.

TKMS will be spun off from Thyssenkrupp this autumn. Oliver Burkhardt, CEO of TKMS, said he welcomed the statement by Prime Minister Trudeau.

Meanwhile, Canada and German energy ministers signed a declaration on strengthening cooperation in processing, refining, and recycling critical minerals. Although critical minerals such as lithium, rare earths, copper, and nickel are essential for both countries' defense systems, energy transition, and advanced manufacturing, Germany is almost entirely dependent on imports of critical minerals, while Canada uses only a small amount of its own production domestically.

After meeting with Merkel in Berlin, Korn stated, "There are great possibilities and opportunities in critical mineral resources and metals, and we can also supply various forms of energy, including liquefied natural gas (LNG) and hydrogen."

He also said that Canada will invest approximately 500 billion dollars in energy, ports, and digital infrastructure to unlock undeveloped resources and strengthen exports to Europe. "Our country has already made significant investments, and we will formally announce it within two weeks," he said.

Original: www.toutiao.com/article/1841618343575552/

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