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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 company is assessing its legal and other options to preserve value for its shareholders. Ultra Lithium is proceeding with planned work programs at its properties in Northern Ontario and Argentina. Power Metals also expressed surprise at “Canada’s stance towards Chinese investment into Canada’s critical minerals industry”.

Chinese 321
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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Chinas CNOOC to acquire Canadian oil sands producer OPTI for $2.1B

Green Car Congress

Overseas, the Group has oil and gas assets in Indonesia, Australia, Nigeria, Argentina, the US and some other countries. CNOOC’s financial advisors are BMO Capital Markets and CIBC World Markets; legal advisor is Gowling Lafleur Henderson LLP. billion BOE, and its average daily net production was 900,702 BOE.

Oil-Sands 218