Canada forces Chinese firms to divest from lithium miners 

Canada has ordered the Chinese investors of three junior lithium explorers to divest from the Canadian companies, citing national security concerns, reported Reuters. The news agency said that Canadian Industry Minister Francois-Philippe Champagne ordered the divestitures after “rigorous scrutiny” of foreign firms by Canada’s national security and intelligence community. Sinomine (Hong Kong) Rare Metals Resources was asked to sell its…

Read More

U.S., Canada, others ink pact for critical minerals supply

The U.S. State Department said recently that the country has entered an agreement with Canada and other countries to secure supplies of critical minerals like lithium, cobalt and nickel. According to a report by Reuters, which cited department undersecretary Jose Fernandez, as global demand continues to rise, more minerals will be needed to meet emissions reduction goals and satisfy the…

Read More