German Industry Canada discovered

18.03.2012 – German Industry Canada discovered

Germany wants to work with Canada's mining industry, for the longer term to minerals. Canada, too, even sees advantages: Partner in the development of expensive raw materials are essential.

German industry seeks cooperation with Canada in the resource sector. The country is seen as a potential strategic partner for the long-term security of access to information classified as critical minerals and metals. Conversely, the Canadian company interested in, To find partners in the expensive and risky development of new raw materials storage.

Representatives of the German state resource agency (DERA), the economy and the Helmholtz-Institute for Resource Technology Freiberg, interest is now made at the Congress of Prospectors and Developers Association of Canada (PDAC) deutlich in Toronto. The Congress is the world's largest exhibition for mineral exploration.
"Canada is one of the most important raw material suppliers. Because of its size and geology, Canada has a vast potential for decades ", said Volker Steinbach of the DERA. Germany is however dependent on imports, and the demand will rise.

The EU Commission has 14 Resources as "supply critical". These have a special significance for the industry, in the EU are hardly available and can not currently be replaced by other substances. The DERA has a study with German-Canadian industry- Chamber of Commerce and selected eight substances, for example, for the construction of solar plants, for batteries in hybrid- and electric vehicles and fuel cells, and in special alloys needed in medicine and mobile phones. The metals are abundant in Canada, such as germanium, Rare earth, Tantalum, Tungsten and industrial minerals fluorspar and graphite.

"We need raw materials for new technologies, see also, however, a high price volatility, a strong concentration of sources and the danger of interference with trade ", Steinbach said. China, almost a monopoly in the rare earths has, drossele den Export. In addition, China is buying in mining projects, to secure additional sources.
The interest of the federal government to promote industrial participation in mining projects abroad. "Reliable sources at reasonable costs are high on the agenda", Aarti said Mona Soerensen of the Chamber of Commerce in Toronto.
She sees in Canada and Germany "promising partner". Some of the minerals sought to be promoted, in others - such as a graphite mine in Ontario - is the beginning of production in the near future possible. In many deposits, exploration has just begun. Thus, the potential of the Ring of Fire in Northern Ontario could not be evaluated. In Quebec, are mining and exploration sponsored by the North plan. There are depots in the Arctic and across the country. As many deposits are located far away, is the creation of the infrastructure challenge.
Dierk Paskert, Managing Director of the newly founded German alliance commodity, to the companies such as BASF, BMW, Evonik, Bosch and ThyssenKrupp are, sees growing interest of German industry in the "reverse integration" in the commodity sector: "We had to rely on, that the market provides the minerals. But the uninterrupted supply of raw materials is no longer God-given. "On the raw material and the Alliance could form consortia to participate in projects are possible.
For the Canadians, the initiative will meet with interest. He sees an important role for the German industry, promote know-how and financial assistance from the exploitation of raw materials, said PDAC President Scott Jobin-Bevans.

Those: Handelsblatt Gerd Brown

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