Canada and Peru sign agreement to collaborate on mining - Canada.ca
www.canada.ca
As demand for the materials that power defence, advanced manufacturing and clean technologies accelerates, the need to work with our allies to build secure, diversified and resilient critical mineral supply chains has never been greater. Since summer 2025, the Government of Canada has signed 21 mining and critical minerals bilateral collaboration frameworks with global partners and led the creation of the G7 Critical Minerals Production Alliance, which has unlocked $18.5 billion in capital for mining projects in less than six months.

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The agreement focuses on advancing bilateral investment, driving technological solutions for traceability and decarbonization, improving regulatory and governance frameworks, promoting environmental and social best practices and building skilled and diverse workforces. It strengthens Canada’s role as a major foreign mining investor and boosts our exports of mining equipment, technology and services to Peru, creating new opportunities for the Canadian mining industry.

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Since summer 2025, the Government of Canada has signed 21 mining and critical minerals bilateral collaboration frameworks with global partners and led the creation of the G7 Critical Minerals Production Alliance, which has unlocked $18.5 billion in capital for mining projects in less than six months.

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  • ScottyOP
    22·
    3 days ago

    The MoU also says it will be,

    … improving regulatory and governance frameworks, promoting environmental and social best practices …

    Having said that, it is better if Canada does this with a partner where it can co-create the rules rather than relying on China or other countries where social and environmental rights are broken almost by default while supply chains remain a black box.