WebJan 12, 2024 · The Liberal government allowed a Chinese state-owned company to bid on a Canadian lithium mining operation without launching a formal national security review into the purchase.. As reported by the Globe and Mail, Chinese firm Zijin Mining and Canadian Neo Lithium Corp. have agreed to an acquisition and are close to completing their … WebDec 10, 2024 · About Neo Lithium Corp. The 3Q Project is located in the Province of Catamarca, the largest lithium producing area in Argentina . The project covers approximately 35,000 ha and the salar complex ...
Trudeau government greenlights Chinese purchase of Canadian lithium ...
WebJan 6, 2024 · This lithium stock closed at C$ 42.84 apiece on January 4. The LAC stock zoomed by about 148 per cent in the last year. 5. Neo Lithium Corp . With cash and cash equivalents of C$ 55.04 million, Neo Lithium Corp reported a net income of C$ 5.85 million in the third quarter of FY2024. The junior lithium company saw its stock close at C$ 6.36 ... WebOct 8, 2024 · China's Zijin Mining Group Co Ltd will buy Canada's Neo Lithium Corp for C$918.7 million ($737.14 million)the companies said on Friday. China's Zijin Mining to acquire Neo Lithium in $737 million ... iowa metal detecting videos
Latest Acquisition Proves Things Are Heating Up in the Lithium …
WebSep 29, 2024 · Canada’s Millennial Lithium Corp said late Tuesday Chinese battery maker Contemporary Amperex Technology (CATL) has agreed to buy the miner for C$376.8 million ($297.3 million), after outbidding ... WebNeo Lithium Corp. [NLC-TSXV, NTTHF-OTC] has announced the closing of a plan of arrangement with Zijin Mining Group Co. Ltd. The move comes after Federal Industry Minister Francois-Philippe Champagne defended the decision to allow the Canadian company to be acquired by Chinese state-owned Zijin Mining without a formal security … WebNov 8, 2024 · In approving the sale, the Canadian government noted that Neo Lithium’s sole development project was in Argentina. The Zangge investment in Ultra Lithium is also for a project in Argentina. iowa meteorologists