The Canadian Nature Energy Minister Wilkinson said that it will not force Chinese state -owned enterprises to split the equity of the three major mining companies in Canada, and says that this move will uncertain the manufacturing policy.
According to Reuters on Thursday (March 9), after the national security review, Canada requested three Chinese companies to sell the equity of lithium exploration companies listed in Toronto last November, which caused mining criticism.The future of other Chinese investment in Canada has questioned.
The Canadian Nature Energy Minister Jonathan Wilkinson said on Tuesday (7th) to attend the Canadian Springer and Developer Association at the Toronto: "If you start looking back at past investment, there willAs for whether an investment is indeed an investment, it has created a variety of uncertainty. "
TECK Resources, Ivanhoe Mines Limited, and No. 1One quantum mining (First Quantum Minerals Limited), all use Chinese state -owned enterprises as their largest single shareholders.
This is the first time that the Canadian government has clarified China's future investment in the three Canadian mining companies.
According to Refinitiv data, China Investment Co., Ltd., which is affiliated to the State Council of China, owns 10.3%of Tike Energy Co., Ltd.The largest copper manufacturer Jiangxi Copper Industry Group Co., Ltd. holds 18.3%equity of the First Quantum Mining Co., Ltd.
The Canadian government's actions last year made domestic small mining companies that raise key metals in China.
Wilkinson added that Canada still cares about Chinese state -owned enterprises to "control" Canadian management companies through long -term acquisition agreements.According to the agreement, buyers can obtain metal's long -term exclusive purchase rights at a specific price.
Canada and its allies are trying to decide with China to diversify their battery metal supply chain.
This spring, Canada will launch a reform version of the investment regulations to refuse or set up conditions for foreign investment in Canada that constitutes a national security threat.
Wilkinson clarified that Canada will continue to conduct economic and trade activities with China and say: "Canada will continue to do business with China, which may involve key mineral trade."