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Search resuls for: "Korea's LG Energy Solution"


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OTTAWA, Sept 23 (Reuters) - Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol on Friday agreed to deepen cooperation on critical minerals used in electric vehicles (EVs) batteries as both countries seek to cut emissions to fight climate change. "Canada, as a global leader in the production of minerals, and Korea, a major semiconductor and battery maker - each play crucial roles in global supply chains," Yoon said through an interpreter. China is currently by far the dominant global supplier of critical minerals used in EVs. Canada and South Korea are already cooperating in the sector, Trudeau pointed out. To that end, both countries agreed to develop a memorandum of understanding in the coming months to "support clean energy transition and energy security, including with respect to critical minerals".
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