Three years ago, Sinomine Resource Group Co., a Chinese company, quietly bought the Tanco mine in Manitoba. At the time, Tanco was one of the world’s few sources of the critical mineral cesium, a key input in atomic clocks and radiation detectors. TheEven though Tanco was owned by an American chemicals company, Cabot Corp., Canada’s federal government had the authority to block the acquisition on national security grounds.
Mr. Clausi is one of several mining industry observers who have watched in horror as China has encroached on the Canadian critical minerals industry over the past 15 years with almost no obstruction.Lauren Quist, who works in the natural resources industry and is a long-time resident of the small Ontario mining town of Hearst, is also aghast. “Many folks I talk to here in Northern Ontario are aware of our vulnerability to Chinese businesses buying up properties, and especially mines,” she said.
China, meanwhile, is among the world’s biggest miners of the silvery white, superlight metal, with control of about two-thirds of the refining process globally. But it’s not only the critical minerals sector where China is firmly ensconced. Many of Canada’s biggest gold and base metals mining companies – including Barrick Gold Corp., Teck Resources Ltd., First Quantum Minerals Ltd. and Ivanhoe Mines Corp. – have significant Chinese ownership, joint ventures with Chinese companies, and, in most cases, Chinese representation on their boards of directors.
After decades of laissez faire, Ottawa seems to have woken up to the possibility that Chinese encroachment in Canada’s mining sector could give Beijing a powerful negotiating lever. “The real problem is that until very recently nobody cared about critical minerals,” said Jack Lifton, a United States-based consultant to the critical minerals and rare-earthCanada now finds itself in a fragile spot, experts say, because of a lack of foresight, inadequate planning and questionable judgment in allowing foreign investment in domestic assets.
China has routinely used its dominant position in critical minerals to exert leverage over other countries. In 2010, it temporarily halted rare-earth metals exports to Japan as the two Asian countries Canada could look for guidance to Australia, another resource-rich country whose significant deposits of critical minerals have attracted interest from China. It has taken a far tougher stand than Canada on proposed Chinese investments.
Last year, Australia toughened its oversight even more, introducing a new “last resort” power, under which the government has the authority to review previously approved transactions where national security risks emerge after the fact. The government can now roll back the clock and impose new requirements on deals that have already been approved.
Mr. van Leeuwen recalled working at a machining shop in Kitchener, Ont., that made titanium landing gear for a U.S. fighter jet. The metal came in from the U.S. as a 500 pound forging. The final machined product weighed about 75 pounds, and the rest of the titanium was turned into chips. financier Robert Friedland needed to raise billions to build a copper mine in the Democratic Republic of Congo, an extremely risky mining jurisdiction, he tapped Zijin, as well as China’s CITIC Metal Co., Ltd.
TiredAF16043124
That is because Trudeau is protecting Democracy / and corruption at the same time
No surprise there are you surprised Globe and Mail? You do investigative reporting?
It's almost like the damage Stephan Harper and the CPC_HQ did with the FIPA agreement has weakened Canada for this exact purpose. The CPC_HQ is a domestic terrorist regime
JasonStathamXP Without any objections from the 'media' either.
With almost no obstruction from Trudeau. Trudeau has gotten away with alot of crap courtesy of MSN
Aware1233 Is is a surprise to anyone that JT allowed China to access and control our precious minerals to help China gain a stranglehold over the EV battery industry? That can’t be good for Canadians.
Ottawa got paid to get out of the way
And I wonder why that is ?
But hey don’t build a pipeline or two to help his own country.
PierrePoilievre what will you do about this?
ConMedia once again CdnMediaFailed Try reporting the facts or cease calling yourself “news”The blame lays squarely with Harper and the CorruptCons HarpersMinions NeverAgainHarper 😡 TheConsAreDestroyingCanada NeverVoteConservative cdnpoli
FIPA. That’s the deal Harper has us locked into for another 20 plus years.
cdnpoli 🤣🤣🤣Talk to western Premiers ,as apparently western Canada is selling hard to sell us out ,in your world
not surprised, they take our resources then make stuff and sell it back at an increased price. No one said Trudeau was smart... Not much you can do if their is no policy to block this stuff... meh
itwilgetbetter only if it lines the insides of Liberal and Conservative pockets... then it's ok...
Typical. We put our country up for sale and China bought it lock stock and barrel.
Might want to check that FIPA deal harper signed us up for, 31 years. It's not that ottawa doesn't want to resist, it's that they legally can't - thanks to Harper. The greatest asset the PRC ever had in Canada.
Why would there be obstruction from ottawa? Trudeau has openly said he admires China's basic dictatorship.
Trudeau= Ottawa. Ottawa =Trudeau. Funny when it’s a f up it’s always “Ottawa”. It’s time for the liberals to go. UselessLiberals
In Trudeau's Canada, better is always possible. Next time there'll be no obstruction
Well, China has been working with WEF since the 70s, admitted by Klaus Schwab. WEF partnered with U.N. Harper sold us to U.N and China. Trudeau is Klaus Schwabs lap boy. So of course China has been taking our shit.
It's nearly like someone signed the china corporation protection act in 2012 or something... Wonder who could be the harper of such bad intent...
Most of Canada is promised land to China in the new world order.
Well Herr Harper sold us out to China so…… 🤷♀️ cdnpoli
Thats not good but also not surprised conservatives sold us out they only use the patriot card to get them votes but will sell out a drop of dime
MarkParalovos That is what happens when our PM admires the Chinese and the Chinese dictatorship.
We are too busy fighting someone else's war.
China scum!
This was news years ago. Everybody has been blind to China including the media.
Canada’s mineral industry is woefully under funded with limited support from government. More legislation and red tape solves NOTHING! Exploration is a risky business and the critical minerals sector is at the red zone end of the spectrum. Success requires funding! Period.
WE don’t trust the Liberals marcomendicino JustinTrudeau cafreeland MarkGerretsen HonAhmedHussen BillBlair HarjitSajjan MarciIen Carolyn_Bennett Where the FakeNews at: acoyne maddow MooreintheAM RosieBarton CTVNews TheDailyShow kylegriffin1
Might have something to do with stephenharper and the CPC_HQ selling the rights to China for 30+ years in a locked in deal? The actual people who actually screwed Canada for decades. NeverVoteConservative they are all MorallyBankrupt and FiscallyCorrupt CdnMediaFailed
Ty Justin.
Another “theory” that’s come to fruition!
“China has encroached on Canada’s critical minerals industry, with almost no obstruction from Ottawa”. Try building a pipeline though and Ottawa’s panties get in a knot. cdnpoli
😡😡😡😡
Liberal sellout … plain and simple
Now your reporting
Well, of course Justin Trudeau Liberals are silent on what looks like a Chinese takeover over natural resources. TrudeauMustResign
Liberals... there's been no obstruction from Liberals. Ottawa is a place. It has 0 power to do anything.
Canada federal government doesn't want any mining or anything that involves resource extraction. Chin and others can have it we'll just have government jobs.
If The 'Emergencies Act' were used on traitorous politicians selling out Canada instead of the convoy that was trying to save Canada, we wouldn't have most of the problems facing Canada Now!
when are you going to learn? all these clowns work for the wef.
Stop calling it Ottawa, Ottawa is a city Is the mayor of Ottawa to blame? It’s called the liberal and NDP coalition government Now ask who’s being paid by China to let this happen
How does the FIPA deal effect this issue
Why would you think the Liberals would do anything. Follow the payoffs to their accounts. Everything Chinese should be kicked out of Canada.
Oil sands next?
Why are people surprised it's like they are trying to ignore that they elected a failed drama teacher JustinTrudeau
DoogerNorth Yes, don't u all know, JustinTrudeau loves the CCP, he was well taught by his father, PiereTrudeau, and we will see China continue to buy up as much north American land as possible...
Thanks HARPER !
And cnda has , and continues , to destroy indigenous lives in cent n str amer for mining.
This is why everyone was big mad at papa Harper for signing onto FIPA, yeah?
You should read RealAndyLeeShow MORE OFTEN and sooner….
Taking it home to pollute under primitive environmental standards.
Fidel's son loving the comunism style of business.
And Harper rolled out the Welcome mat
I've been saving this since before the pandemic and people said I had a tin hat now the truth has come out and Canadian people should wake up.
Fiberals and ConvictServatives have sold us out.
But on the plus side, Canada is very proactive in defending the domestic dairy market from predatory outsiders, so maybe we can afford to be a little relaxed about mining and metals. You have to pick your battles.
Ok, so what had Trudeau done in the last 7-8 years.....besides go on holiday?
Gotta love globullization & the WEF boy himself, JustinTrudeau who supports China & the globalist agenda while continuing to sell out Canadians as those PMs before him. Just like Amerikkka, nothing much changes in Canada. Difference is that folks here need to wake the f**k up.
At this point I’m gearing up for a “Red dawn” scenario…
Because Trudeaus a tailgating politician.
Not Surprising
That is because Trudeau is a weak lapdog for China…
Do better FFS......
Here we go……harperharperharperharperharper.
Ohhhhh so you are finally seeing it eh!
Kirky861 Only a month behind the news. RealAndyLeeShow reported about 4 weeks ago. Give her a follow, see how A real journalist works.
Here's why,....
Because Harper sold out Canada 🇨🇦 to China 🇨🇳 Back in 2014/2015 FIPA
Now report on why this is allowed to happen! Another Harper failure
TBOFCanada ..and without consent of Canadians.
DeniseS0718
DeniseS0718 And what's going to be done about it? Absolutely nothing . Treason is no biggie in Canada.
FredFredderson1 Trudeau’s Liberals held the door wide open.
What do you expect from the naive federal government. Few people in the free world understand how dangerously belligerent China is becoming with its military and their deadly toys. Reality check; when you buy “Made In China” you are indirectly supporting this military aggression
Harper selling out canada
Still think the Liberals serve the goal of all Canadians🙄
acoyne Trudeau is China's commodity/ material most admired supplying partner just like China is trudeaus most admired nation.
“You know, there’s a level of admiration I actually have for China ….” “Because their basic dictatorship is allowing them to actually turn their economy around on a dime and say ‘we need to go green fastest…we need to start investing in solar.'” Trudeau
Hey , what happened? Didn't get your paycheck from Trudeau?
It is time for the Canadian government to consider the state that this industry is and how crucial it is to our national security.
Thanks to StephenHarper who locked Canada into an unwanted DECADES long deal with petty medieval China. NeverVoteConservative
Canada should be treating China the same way they treat North Korea. China is no friend to the western world. Instead of taxing Canadians we should be heavily taxing any product or good that comes from China & force companies into finding another option for what they need
Trudeau’s father did a lot of business in China after he was PM. Justin and members of his Cabinet are in China’s pockets. This news should not be surprising to anyone
Huh? We are supposed to hate China because they do colonialism (Uyghurs) and aren't capitalist enough. We are supposed to love Canada because it does more colonialism (too many nations to list, much larger percentage of settlers) and is too capitalist? UNDRIP LandBack
Trudeau biggest Canadian embarrassment ever
TrudeauForTreason TrudeauIsDestroyingCanada TrudeauCorruption TrudeauHasGotToGo
Globe and Mail: 'Capitalism bad!' Welcome to the struggle Comrade.
It’s been stated there are MPs on China’s pay roll who are acting against Canada’s interests. This could be an example of that.
HARPER SNEAKS THROUGH CANADA-CHINA FIPA, LOCKS CANADA IN FOR 31 YEARS ..
Chairman Harper and the Chinese Sell-Out Who needs democracy? Secret treaty is a massive giveaway of Canadian resources and rights with no vote in Parliament.
Why is Stephen Harper selling Canada's tar sands to China? Stephen Harper is aggressively selling Canada's tar sands and other energy and natural resources to China and willing to give it investor rights unavailable to Canadian firms operating domestically.
Thanks to stephenharper
JustinTrudeau has sold out Canadian interest to the devil CCP and XiJingping
Another Racist headline: 'China' encroaches.... your agenda is in your language Hire a journalist... just one... okboomer?
we ll seize it back once JustinTrudeau is gone
john_don123 How many Canadians have even bothered to notice that the Trudeau liberals have turned over areas of northern Canada to the Chinese Communists for unrestricted mining of our minerals. Not to even mention their military exercises in Canada.
Similar greedy evil tactics as done towards Australia years ago.
Did you discuss this, you know the Harper agreement with a 15 year termination clause?
People laughing at Germany for relying on Russia for energy while our government climate policies have us ever increasing our dependence on China for 'green' energy materials.
With the blessing of Trudeau and the Liberals.
And that surprises you? Clearly you’re not paying attention. TrudeauMustGo
Ottawa's blessing. After the recent CSIS repot I wonder how many MP's are on China's payroll.
Oh there was ‚oversight‘ for sure, just not in the way you mean it. This is not just a matter of simple innocent coincidence.
People can thank Harper for this.
Investigate the Trudeau Foundation!!
The Groper Trudeau “admires” the Chinese dictators. Is The Groper one of the stated Canadian politicians receiving kickbacks from China?
I'm told that a lot of our politicians actually work for foreign governments. Could it be true?
There actually was regulation about what and where China and other foreign entities could invest. Trudeau removed them
So has America.. in fact most things in Canada are not owned by Canadians but foreigners....
First, the Minister in charge will say that he/she didn't know of the purchase /sale. Then CBC will run a story about how the sale fell through the cracks and it was somebody else's fault. And lastly, Jagmeet will say 'free dental for all'
Plus baby formula. China bought up baby formula factory in Kingston Ontario. Shipping it all back to China. Even during North America baby formula shortage.
An audit of Trudeau's trust fund is in order.
Nice trying to spin this onto this PM. Harper signed the deal with china in SECRET backroom deal. This was CONSERVATIVE deal not any other party. We still 👀you CPC_HQ.🖕🖕🖕🖕🖕🖕🖕
Because ottawa paid by China..... We live in China. Get ready for social credit scores.
Why are you allowing the stripping of our natural resources put a stop to it
JT is not a protector of Canada. Tried to figure out the logic. There is none political or money that’s what fuels his decisions. Or possibly he’s just not to bright. Definitely not working on behalf of Cda or Cdns.
But China is our best friend
We must protect our resources and not sell out to China. Natural resources is a strength for Canada.
Of course not, this govt is purposely trying to destroy canada
Harper is at fault
Oh Chinada
FIPA signed om 2012 was a very bad idea. Now we are locked in. No exit clause to be had.
Another liberaldisaster TrudeauHasGotToGo
I remember when Stevie started this trend
Turdeau likes China's 'basic dictatorship'
Canada love China long time
Why is Canada so weak.
'Ottawa' sure seems to have a soft spot for China
globebusiness Trudeau Liberals too busy obstructing our farmers…