“Mining for Defense: Unlocking the Potential for U.S.-Canada Collaboration on Critical Minerals”: Audio Brief with Christopher Hernandez-Roy and Henry Ziemer
Feb 18, 2025
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Discover the vital role critical minerals play in national defense as experts delve into U.S.-Canada collaboration. They discuss innovative strategies like tax incentives and trade renegotiations to strengthen supply chains. Learn about the urgency of securing these resources to remain competitive in a global market. The conversation highlights the importance of teamwork in unlocking the potential of North American mineral resources for a more secure future.
Establishing robust supply chains for critical minerals through collaboration with Canada is essential for U.S. national security.
Innovative U.S.-Canada partnerships within the USMCA framework could enhance resilience against external pressures, particularly from monopolistic practices.
Deep dives
Strengthening Supply Chains for Critical Minerals
The discussion highlights the necessity for the United States to establish more robust supply chains for critical minerals, particularly in collaboration with Canada. Given the reliance on China for essential imports, the U.S. must secure minerals like gallium, tungsten, and rare earth elements to support its defense industrial base. The proposed measures include tax incentives, price supports, and potential initiatives such as a DPA Title III equivalent in Canada. The conversation emphasizes the urgency of addressing these supply chain vulnerabilities to enhance national security amid rising global competition.
Innovative Approaches to U.S.-Canada Collaboration
The potential for an innovative chapter in the renegotiation of the USMCA free trade agreement is proposed as a means to foster U.S.-Canada collaboration on critical minerals. This strategy could serve as a foundation for long-term partnerships that prioritize the shared interests of both nations in maintaining a competitive industrial landscape. The emphasis is placed on creative solutions that navigate the complexities posed by current trade tensions, such as tariffs. The ongoing collaboration must focus on ensuring a free and prosperous North America, providing resilience against external pressures, particularly from monopolistic practices in countries like China.
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Strengthening US-Canada Collaboration on Critical Minerals