King Charles III Announces Canada’s ReArm Europe Move: A Critical Minerals Boom Awaits
How Canada’s Mineral Wealth Could Power Europe’s Defense Boom

Canada’s military and economic playbook just got a serious upgrade. Today, King Charles III, in a rare throne speech appearance in Ottawa, announced Canada’s entry into the European Union’s ReArm Europe plan—now suavely rebranded as Readiness 2030 after some diplomatic side-eye from Italy and Spain []. This move, aimed at boosting Europe’s military production and reducing reliance on U.S. arms, isn’t just about tanks and jets—it’s a golden opportunity for Canada’s critical minerals sector to shine. With a wink to geopolitics and a nod to economic savvy, Canada’s poised to cash in on Europe’s hunger for lithium, cobalt, and rare earths. Let’s unpack how this transatlantic handshake could reshape the critical minerals market, with all the facts and a dash of wit.
What’s the ReArm Europe Plan, Anyway?
The ReArm Europe plan, or Readiness 2030, is the EU’s ambitious €800 billion push to supercharge its defense industry, diversify supply chains, and flex some strategic muscle amid global tensions []. Think of it as Europe’s answer to a world where U.S. reliability is wobbling (thanks, Trump) and China’s grip on critical minerals feels like a geopolitical chokehold []. The plan, backed by the EU’s Critical Raw Materials Act (CRMA), targets 10% domestic mineral extraction, 40% EU processing, and 25% recycling by 2030 []. It’s a tall order, and Canada, with its treasure trove of critical minerals, is stepping up to be Europe’s new best friend [].
