Reuters: Scholz Seeks to Secure More Critical Minerals on South America Tour
SANTIAGO DE CHILE (Reuters) - German Chancellor Olaf Scholz announced a new, expanded commodities partnership with Chile on Sunday during a tour of South America that Berlin hopes will help secure more access to critical minerals key to the transition to a green economy.
Europe's largest economy has fallen behind in the race for critical minerals in part due to a distaste for the dirty business of mining as well as faith in the open market, German government officials say.
That has led to a reliance on China, which has invested widely in the mining sector in resource-rich South America and in processing commodities.
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WNU Editor: The German government needs access to secure supplies of lithium if it ever wants to achieve its goal of a "green economy". Hence the German Chancellor's visit to Argentina and Chile (see above graph).
German Chancellor Olaf Scholz On South America Visit To Secure Critical Minerals
Germany's Olaf Scholz kicks off South America trip -- DW
Germany’s Scholz sets off on first South American tour to boost trade, environment ties -- CNBC
Scholz Visits South America in Race With China for Lithium -- Bloomberg
Germany falls behind in the global race for lithium -- DW