The House of Commons industry committee elected Thursday to review the Chinese purchase of the Canadian mining company Neo Lithium, although pushback from Bloc and Liberal MPs reduced by two-thirds the time the Conservatives wanted to study the deal. Conservatives wanted to allot six days to review the purchase of Neo Lithium by the Chinese…
House Committee to Study Chinese Purchase of Mining Company Neo Lithium
House Committee to Study Chinese Purchase of Neo Lithium
The House of Commons industry committee elected Thursday to review the Chinese purchase of the Canadian mining company Neo Lithium, albeit pushback from Bloc and Liberal MPs reduced by two-thirds the time the Conservatives wanted to study the deal. Conservatives wanted to allot six days to review the purchase of Neo Lithium by the Chinese…
‘Green Inflation’ Is Heating Up This Tiny Market
These days the immediate future of EVs is very much in flux. At some point, it’s fair to say that electric vehicles will be part of our everyday lives. Whether they become a staple of urban living where short-term trips are the norm or whether some battery technology is finally developed that lets owners drive…
Conservatives Want Security Review of Chinese Takeover of Canadian Mining Company
The Conservative Party is calling for a national security review of the purchase of a Canadian lithium mining company by a Chinese state-owned enterprise. Zijin Mining Group Co. Ltd announced it would be purchasing Neo Lithium in October, opening a 45-day period during which the federal government could conduct a review. However, no review took…
Ottawa Skips Security Review of China’s Purchase of Canadian Lithium Company
Ottawa did not review the potential national security impacts of a Chinese state-owned company’s plan to purchase Canadian lithium company Neo Lithium Corp. On Oct. 10, 2021, Zijin Mining Group Ltd. announced its plan to acquire all of Neo Lithium’s outstanding common shares for $960 million. Neo Lithium’s shareholders approved the arrangement with Zijin Mining…
South Korea Eyes Australia’s Minerals To Surpass China As Battery King
December 14, 2021
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Asia & PacificAustraliabatteryChinaChina Business & EconomycobaltInternationallithiumMoon Jae InNickelrare earth metalsScott MorrisonSouth KoreaWorld
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South Korea is making a beeline for Australia’s vast critical mineral deposits in a bid to reclaim the throne as the world’s biggest electric vehicle battery maker. With South Korean President Moon Jae-in becoming the first international leader to visit Australia since the reopening of its borders, the two nations have made significant bilateral strides—including…
Can Lithium Cure What Ails the Salton Sea?
By Louis Sahagun From Los Angeles Times SALTON SEA, Calif.—Studying the complexity of mud on the ocean floor is a life’s work for Timothy Lyons, so when the tall and lean biogeochemist asks you to join an expedition in search of chemical mysteries buried deep beneath the waves, be prepared to get wet and dirty….
Biden Abandoned Critical Mineral Reserves in Afghanistan While Thwarting Mining at Home: GOP Forum
October 23, 2021
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AfghanistanAustraliaBruce WestermanBusiness & EconomyCCPchild laborChinaClimate AgendacongresscopperDemocratic Republic of CongoGlobal ExpansionHoover Institutehuman rightsInvestmentlithiumMagnesiumNational Securitypaul gosarPete StauberPoliticsPresident Bidenrare earthsRepublicansSpecial TopicsTalibantom tiffanyUighurUnited StatesUSUS NewsUS-China relations
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AfghanistanAustraliaBruce WestermanBusiness & EconomyCCPchild laborChinaClimate AgendacongresscopperDemocratic Republic of CongoGlobal ExpansionHoover Institutehuman rightsInvestmentlithiumMagnesiumNational Securitypaul gosarPete StauberPoliticsPresident Bidenrare earthsRepublicansSpecial TopicsTalibantom tiffanyUighurUnited StatesUSUS NewsUS-China relations
Republicans on the House Committee on Natural Resources held a forum Oct. 22 to discuss how President Biden’s exit from Afghanistan left massive, untapped reserves of rare-earth metals, lithium, and other vital minerals in Taliban hands, potentially opening them up to exploitation by China. Speakers said the Biden administration has simultaneously worked to hinder key…
BMW Invests in Lithium Technology Startup Lilac Solutions
BMW said on Wednesday it will invest in lithium technology startup Lilac Solutions Inc to support more-efficient ways to produce the electric vehicle battery metal. Privately-held Lilac is part of a growing number of technology developers seeking to extract lithium from saltwater brines faster, cheaper, and with less water than evaporation ponds, which have long…
The Lithium Wars: China Is Outmaneuvering the US
Commentary The Chinese Communist Party (CCP) and the Taliban, Afghanistan’s new rulers, have formed increasingly strong bonds. The CCP has its eyes on Afghanistan’s mineral deposits, which are worth somewhere in the region of $1 trillion. The United States occupied Afghanistan for 20 years, yet failed to capitalize on the most lucrative of opportunities. Home to…
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