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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Limited is required to divest itself of its investment in Power Metals Corp. Zangge Mining Investment (Chengdu) Co.,

Canada 353
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Ultra Lithium, Power Metals respond to Government of Canada’s order for Chinese divestment in critical minerals

Green Car Congress

The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Ultra Lithium is proceeding with planned work programs at its properties in Northern Ontario and Argentina. Earlier post.)

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BYD to build new $1.2B battery factory in China

Teslarati

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China. battery factory in China appeared first on TESLARATI.

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Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill.

Chinese 150
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Tesla battery supplier CATL plans to acquire lithium mining company in Canada

Teslarati

Tesla battery supplier Contemporary Amperex Technology (CATL) has set plans in motion to acquire Canada-based Millennial Lithium. The Canadian company has two lithium mining projects in Argentina. CATL has grown significantly over the last few years to become the world’s largest lithium-ion battery manufacturing company.

Canada 145
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. Even in Canada, Chinese money has been crucial.

China 52
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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

Bolivia 52