October 31, 2025                                       Toronto, Ontario                              Natural Resources Canada

In an era defined by digital transformation and geopolitical uncertainty, Canada through its G7 Presidency, is leading work with trusted international partners to strengthen supply chains, reduce dependencies and ensure access to the resources essential for clean energy, advanced manufacturing and defence.

Today, on the margins of the G7 Energy and Environment Ministers’ Meeting in Toronto, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, along with G7 and industry partners, announced the first round of strategic projects and measures under the Critical Minerals Production Alliance to accelerate the development of secure critical minerals supply chains.

The Critical Minerals Production Alliance leverages sovereign tools to operationalize projects that will strengthen global critical minerals supply chains. By working together, the Alliance will bring critical mineral projects into production with high standards that drive economic growth and protect national security.

Minister Hodgson announced 26 new investments, partnerships and measures to accelerate and unlock $6.4 billion of critical minerals projects. These include:

• Mobilizing public and private capital to accelerate critical mineral projects, including for graphite, rare earth elements and scandium production.
• Securing offtake arrangements and co-investments in partnership with nine allied countries and industry partners from France, Germany, Italy, Japan, Luxembourg, Norway, the United States, Australia and Ukraine.
• Entering offtake arrangements between the Government of Canada and Nouveau Monde Graphite and Rio Tinto for graphite and scandium, respectively.
• Releasing the Roadmap to Promote Standards-Based Markets for Critical Minerals, a key deliverable under the G7 Critical Minerals Action Plan (CMAP), as a direct followup to the G7 Leaders’ Summit in Kananaskis, Alberta.

Canada’s collaboration with international partners reinforces the country’s reputation as a place to do business, strengthens its position as a trusted supplier and encourages greater investment in Canadian mining and processing projects. As part of the G7 CMAP, Minister Hodgson also highlighted up to $20.2 million in support of projects developed in collaboration with international partners to advance innovation in critical minerals research and development.

To further safeguard Canada’s national security and sovereignty, the Government of Canada intends to leverage the Defence Production Act to stockpile critical minerals in order to:

• Strengthen domestic capabilities in strategic sectors critical to national defence;
• Mobilize and protect domestic production and ensure secure supply to Canadian and allied defence industries;
• Support Arctic sovereignty and domestic and collective stockpiling efforts with trusted partners; and
• Advance the North Atlantic Treaty Organization’s (NATO) deterrence and defence goals by expanding transatlantic capacity.

The Critical Minerals Production Alliance stands as proof that the G7 can work together to develop critical minerals supply chains in a time of growing competition and evolving geopolitical context.

In advance of key events such as the International Energy Agency (IEA) 2026 Ministerial Meeting and the 2026 Prospectors and Developers Annual Conference (PDAC), Canada will continue to take the necessary steps — in close collaboration with G7 and other like-minded countries — to diversify, strengthen and secure critical minerals supply chains to ensure a safe and prosperous future for all Canadians.