Ref. Ares(2021)6044578 - 05/10/2021 Political endorsement at the EU-Canada summit – 14 June! Strategic Partnership on Raw Materials between Canada and the European Union Ensuring the security of supply chains for the minerals and metals critical to the transition to a climate-neutral and digitized economy is a priority for Canada and the European Union. To reduce supply chain risks and foster a competitive Canada-EU value chain, Canada and the European Union have agreed to establish a Canada-EU Strategic Partnership on Raw Materials (Strategic Partnership). The Strategic Partnership will focus on the integration of Canada-EU raw material value chains; science, technology and innovation collaboration; and environmental, social, and governance (ESG) criteria and standards. The Strategic Partnership will advance the value, security, and sustainability of trade and investment into raw materials and downstream value chains across both Canada and the EU, to support the green and digital transition. This partnership is established within the mandate of the EU-Canada Comprehensive Economic and Trade Agreement, notably of the bilateral dialogue of raw materials (Art. 25.4)

Framework for a Strategic Partnership on Raw Materials Overarching Goal To advance the value, security, and sustainability of trade and investment into resilient raw materials and downstream value chains across both Canada and the EU Areas Integration of Canada-EU Raw                 Science, Technology and Innovation                              Environmental, Social, and Materials Value Chains                                   Collaboration                               Governance (ESG) Criteria, and Standards Objectives Bring investors (including downstream           Collaborate with industry and other                        Lead by example in advancing world-class ESG industry end-users of critical raw materials)   stakeholders to advance critical raw materials             credentials in a Canada-EU integrated critical and raw material project proponents             supply chain research and innovation,                      raw material value chain; while advocating in together, share information on opportunities;   including extraction and processing from low               multilateral fora for strong and effective and identify and leverage private and public    footprint, economic ore deposits to low waste              practices internationally. investment into a pipeline of projects at       streams, supporting end-to-end value chain various stages of the raw material value chain. sustainability and circularity.