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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.,

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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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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.

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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. The facility will be located in Zhengzhou in the Henan province in East-Central China.

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

Baua Electric

That’s been the thinking of leaders from developed countries, who’ve been seeking ways to China-proof the market for lithium , the light metal that’s essential for high-performance rechargeable power packs. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

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Mercedes-Benz Vans launches new Vito in China; unveiling electric van of future this week

Green Car Congress

Mercedes-Benz Vans launched its new mid-size van—the Vito—at the Chengdu Motor Show in China on Friday. With the launch of the new Vito in China, we completed the roll-out of our highly successful mid-size segment in this growing market. We are convinced it will be as compelling to customers in China, too.

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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. This means that as well as adhering to the 99.5%

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