Ottawa orders Chinese companies to exit three Canadian lithium miners

Industry Minister François-Philippe Champagne said that following a “multi-step national security review process,” the government has asked Sinomine Rare Metals Resources Co., Chengze Lithium International Ltd. and Zangge Mining Investment Co. to divest from Canada’s Power Metals Corp., Lithium Chile Inc. and Ultra Lithium Inc., respectively.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Calgary-based Lithium Chile said “it was reviewing the options and potential outcomes of the order with Chengze.” Lithium Chile said the investments by Chengze in 2022 followed ICA policies and were approved by the TSX Venture Exchange.

Republicans want you to know! 🤦‍♀️

Good.

Why do we sell Canada to the highest bidder?

So is this that closing the barn door after all the horses have left?

Perhaps the interesting question is how did Chinese companies physically get inside three of our miners?

'Ottawa orders Chinese companies to exit three Canadian lithium miners' ESL?

What the heck are the Chinese doing in Canadian mines in the first place?

Someone needs to read that headline again . Sounds like an exorcist is needed

Thank you PierrePoilievre

Why? Because they can take it with them?

For any kind of information

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Three Chinese companies ordered to divest as Ottawa moves to protect critical mineral industryCanada and its allies are desperately trying to upend China\u0027s dominance in the field and create a more stable and reliable supply chain Finally. TrudeauIsDestroyingCanada fchina
Source: nationalpost - 🏆 10. / 80 Read more »

Three Chinese companies ordered to divest as Ottawa moves to protect critical mineral industryCanada and its allies are desperately trying to upend China\u0027s dominance in the field and create a more stable and reliable supply chain
Source: calgaryherald - 🏆 64. / 52 Read more »

Ottawa seeks to cut China out of Canadian critical mineral industry - National | Globalnews.caChampagne's order comes less than a week after he said Canada would be limiting the involvement of foreign state-owned companies in the industry.
Source: GlobalNational - 🏆 81. / 51 Read more »