three Chinese mining companies, including Sinomine, to divest from Canadian critical-minerals companies.Power Metals Corp., a Canadian lithium and cesium developer, as well as an offtake agreement withAsked how the Industry Minister would rule on an application by Sinomine to build a lithium plant in Manitoba, Mr. Champagne’s office did not answer directly.
If Sinomine ends up in a joint venture with LG, lithium processed at the refinery in Manitoba could be fed to the electric-vehicle battery plant LG is building with automaker Stellantis in Windsor, Ont., keeping all of the supply chain in North America.Ottawa’s crackdown on Chinese investment in the critical minerals sector left out major miners, critics say
The sale was greenlit by Navdeep Bains, who was industry minister at the time. He has since left government, and recently joined Rogers Communications Inc. as its chief corporate affairs officer. He did not respond to a request for comment.