On Wednesday (November 2nd), the Ministry of Industry of Canada required three Chinese companies to peel off their investment in key mineral companies in Canada.
The three affected Chinese companies are China Mining (Hong Kong) Rare Metal Resources Co., Ltd., Shengxin Lithium Hong Kong Sun Company Shengze Lithium Industry Co., Ltd., and Zange Mining.Company Zange Mining (Chengdu) Co., Ltd.The Canadian government issued a new rule last week. Foreign state -owned enterprises' investment in key Minerals in Canada will face strict review.
Francois-Philippe Champagne, the Minister of Industry of Canada, issued a statement on the official website on the 2nd: "The Canadian government made the above-mentioned strict review of the above-mentioned companies based on the national security and intelligence units, and made the above decision.. We welcome foreign companies to invest in Canada, but when investment threatens our national security and key mineral supply chains at home and abroad, we will act decisively. "
China Mine (Hong Kong (Hong Kong (Hong Kong (Hong Kong (Hong Kong) Rare Metal Resources Co., Ltd. was asked to be diverted from the assets of Power Metals Corp at Canada.(Chengdu) Co., Ltd. was asked to be diverted from the assets of Ultra Lithium Inc.
According to NetEase Financial reports, the relevant people of China Mining Resources said in the conference on the morning of the 3rd that the company's subsidiaries received relevant notices on the early morning of the 3rd on the 3rd.Only on the Power Metals transaction, which will not affect Tanco's operations. The above person explained that the Tanco project was delivered in 2019 and has passed the security review. At present, there is no traceability.
In response to Canada's requesting company to divestiture in the lithium mine assets, Shengxin Lithium Energy Securities Department said to the CCP reporter: "I have not received a notice yet, but I have seen the news.To verify with the company. "
