Canada wants to divest key mineral investment in China to promote Canada to promote Ca

(Ottawa / Beijing Comprehensive News) The Canadian government requires three Chinese companies to peel off their investment in key mineral companies in Canada on the grounds of national security.The Chinese Ministry of Foreign Affairs responded to this response to urge the Canada to stop unreasonable against Chinese companies.

On Wednesday (November 2), local time of the Ministry of Industry of Canada issued the above statement on the official website.The affected Chinese enterprises are China Mining (Hong Kong) Rare Metal Resources Co., Ltd., Shengzawa Lithium International Co., Ltd., Sun Shengzawa Lithium, and Tibet Mining, a subsidiary of Tibet Mining (Shengxin Lithium.Chengdu) Co., Ltd..

The Canadian government issued new regulations last week, and foreign state -owned enterprises' investment in key Minerals in Canada will face strict review.China Mining Resources fell more than 9%in the early morning on Thursday, and closed down 7.82%; Tibet Mining and Shengxin Lithium could shortly increase after a short decline, and the closes rose by 1.08%and 0.66%, respectively.

China Mining Resources announced on Thursday that the Sub -funded subsidiary Hong Kong China Mine is rare to subscribe for 7.5 million shares issued by Canadian Power Metal Corporation (PWM) for its own funds of 1.5 million Canadian dollars ($ 1.54 million), accounting for approximately PWM5.72%of the total share capital after the addition of this issue.Hong Kong China Mine Rare and PWM signed all lithium, 铯, and puppet products for the Case Lake project.

The announcement stated that Hong Kong's rare letter from China Mine received a notification letter from the Canadian review results on Thursday, requesting to sell the PWM shares held within 90 days of the issuance of the notification letter, termination of the contract sales agreement signed with PWM.

Zhao Lijian, a spokesman for the Chinese Ministry of Foreign Affairs, criticized at the press conference on Thursday that the concept of the Canadian generalized national security and artificially set up obstacles to the normal economic and trade investment cooperation between China -Canada enterprises.The rules of international economic and trade rules runway, which is not conducive to the development of industries, and harms the stability of the global industrial chain and supply chain, and said that the Chinese government will continue to firmly safeguard the legitimate rights and interests of their own enterprises.