Canada and Australiaâs Mining Pact Is Reshaping Global Power
In early 2024, while most headlines obsessed over elections and tech layoffs, something quiet but profound happened in a Toronto conference room. Canadaâs Ministry of Natural Resources and Australiaâs Critical Minerals Office signed a joint statement â no fanfare, no viral clips, just a document that may end up redrawing the map of the global economy.
What followed was a torrent of real investment: over $28 billion (USD) flowing into collaborative projects, geologists flying across oceans, new smelters and battery hubs rising from Canadian soil. This isnât just about metals â itâs about trust, resilience, and rewiring a supply chain that once relied almost entirely on China.
Across Saskatoon, Sudbury, Perth, and Quebec, freight trains are fuller, labs are humming, and a new Anglo Resource Ring is beginning to pulse beneath the surface. Not with noise â but with quiet, coordinated leverage. With shared standards, shared goals, and a shared belief that the future of energy wonât wait for old empires to catch up.
Itâs an unglamorous story. But thatâs what makes it powerful.
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đ Sources
https://www.industry.gov.au/publications/joint-statement-canada-and-australia-cooperation-criticalâminerals
https://www.canada.ca/en/naturalâresources-canada/news/2024/03/joint-statement-by-canada-and-australia-on-cooperation-on-critical-minerals.html
https://www.reuters.com/markets/commodities/canada-australia-boost-collaboration-critical-minerals-2024-03-04/
https://www.miningweekly.com/article/canada-and-australia-boost-collaboration-on-critical-minerals-2024-03-05
https://www.international.gc.ca/country-pays/australia-australie/relations.aspx?lang=eng
https://www.bennettjones.com/Insights/Blogs/Impacts-of-Canada-and-Australia-Collaboration-on-Critical-Minerals
https://www.canada.ca/en/campaign/criticalâminerals-in-canada/our-critical-minerals-strategic-partnerships.html
https://mine.nridigital.com/mine_australia_mar24/australia-esg-standards-critical-minerals-mining