China has links to dozens of Canadian miners tied to critical minerals. china canada mining
“Canada has said it doesn’t want to see injections of capital from state-influenced investors,” said Subrata Bhattacharjee, who specializes in foreign investment law at Borden Ladner Gervais LLP. “That’s going to leave some mining companies in a bind in terms of finding alternate sources of financing.”
Teck, which produces copper and zinc at mines in North and South America, lists sovereign wealth fund China Investment Corp. as its top shareholder, the data show. Ivanhoe Mines, founded by billionaire mining magnate Robert Friedland, counts China’s Zijin Mining Group Co. and a unit of state-owned Citic Metal Group among its biggest holders.
Ivanhoe Mines, Teck and First Quantum declined to comment. Emails and calls to Fission Uranium and Nickel North weren’t returned. Lithium Americas didn’t provide comment.
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