Canada shutting off Chinese mineral activities
A national security review has prompted the federal government to order three Chinese companies to sell their interests in Canadian companies’ critical minerals development. The decision was announced today by Innovation Minister François-Philippe Champagne. Critical minerals and metals such as lithium, cadmium, nickel and cobalt are essential components of an array of electrical and electronics and while China is a dominant player in the industry, dependence on imported raw materials in many cases has prompted investments in other countries’ resource industries. [node:read-more:link]