China has links to dozens of Canadian miners tied to critical minerals. china canada mining
“Canada has said it doesn’t want to see injections of capital from state-influenced investors,” said Subrata Bhattacharjee, who specializes in foreign investment law at Borden Ladner Gervais LLP. “That’s going to leave some mining companies in a bind in terms of finding alternate sources of financing.”
Teck, which produces copper and zinc at mines in North and South America, lists sovereign wealth fund China Investment Corp. as its top shareholder, the data show. Ivanhoe Mines, founded by billionaire mining magnate Robert Friedland, counts China’s Zijin Mining Group Co. and a unit of state-owned Citic Metal Group among its biggest holders.
Ivanhoe Mines, Teck and First Quantum declined to comment. Emails and calls to Fission Uranium and Nickel North weren’t returned. Lithium Americas didn’t provide comment.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian clothing and fashion brands | They're Canadian and spectacularHere are some of our favourite Canadian fashion brands. Canadianfashion
Read more »
China calls Canadian minister's remarks contrary to factChina's foreign ministry said on Thursday it had launched 'stern representations' against Canada following the foreign minister's description of the Asian nation as an 'increasingly disruptive, global power'.
Read more »
Germany blocks Chinese stake in two chipmakers over security concernsThe German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological know-how to Beijing.
Read more »
Germany blocks Chinese-owned firm’s chip factory dealThe German government on Wednesday blocked the sale of a chip factory to a Swedish subsidiary of a Chinese company, a decision that comes as Berlin grapples with its future approach to Beijing.
Read more »
BoC’s Macklem: Canadian economy in excess demand, inflation too highThe Canadian economy is in excess demand while inflation is too high although wage growth 'now looks to be plateauing', the Bank of Canada's Tiff Mack
Read more »