Solaris copper miner walks away from Chinese financing deal amid increased scrutiny

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Solaris abandons proposed financing with Chinese firm after deal stalled in national security reviewCanadian critical minerals company had said Zijin Mining was paying $130-million for a 15% stake
Source: globeandmail - 🏆 5. / 92 Read more »

Copper Firm Drops China Financing Deal After Canadian ScrutinyCopper company Solaris Resources Inc. called off a financing deal with a Chinese miner after facing a lengthy review from Canada, which has sought to curb foreign state-owned investment in its natural resources.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Solaris scraps financing deal with Zijin, but China strengthens its grip over critical mineralsSolaris Resources Inc., a copper company based in Vancouver, terminated its financing agreement this week with Zijin Mining Group, a Chinese miner, after enduring a prolonged review process by Canadian authorities. The decision aligns with Canada's efforts to limit foreign state-owned investments in its natural resources sector.
Source: BNNBloomberg - 🏆 83. / 50 Read more »