Ottawa's decision to block Chinese investment 'short-sighted,' says Calgary lithium miner

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Lithium Chile said Ottawa’s policy to discourage investment from China could potentially affect other foreign investment in Canada. Read on.

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In November, Prime Minister Justin Trudeau’s government ordered three Chinese companies — including Chengze Lithium International Ltd., which had purchased a 19.

Lithium Chile does not own any Canadian assets. It runs its properties through South American subsidiaries in Chile and Argentina and is currently developing them into producing mines. “We do have some of the best leaders in mining in Canada. Having said that, this particular technique of lithium brine extraction is somewhat new, however, the Chinese have focused on it for far more years than us Canadians,” she said. “We have our own masters in the craft of lithium extraction, it was just an additional benefit to have that experience.”

 

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