The Quebec-based company was recently purchased by Paper Excellence. (Christinne Muschi/Reuters) A few lines in business news last week marked the emergence of a new powerhouse in Canada's ...Web
On May 8, the company announced a "definitive agreement" to sell to Shandong Gold Mining, a state-owned Chinese mining company, for around $230 million. The deal values TMAC at $1.75 per share ...Web
A new study based on three B.C. coal mines says the economic benefits from the projects, used to justify their approval during the environmental review process, were "significantly overestimated."Web
On the contrary, the United States has sold off large amounts of its critical materials stockpile like cobalt over the last few decades. According to "Revitalizing the National Defense Stockpile for an Era of Great-Power Competition," a Heritage Foundation report released in January, the supply contained $22 billion worth — in today's ...Web
U.S. military weighs funding mining projects in Canada amid rivalry with China – by Alexander Panetta (CBC News World – November 13, 2022) British Columbia: 25 years after the Delgamuukw case, the fight for land is more contentious than ever – by Angela Sterritt (CBC News British Columbia – November 15, 2022)Web
As part of a $6 billion deal in 2007 dubbed "minerals for infrastructure," China secured mining rights in a major cobalt mine in the DRC in exchange for building projects such as roads ...Web
Copper and battery metals projects have been key in China's recent mergers and acquisition activity, while internally, exploration budgets have continued to focus on …Web
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The companies with which Arce signed two agreements will invest $1.5 billion in the coming years, joining the Chinese consortium CBC (CATL, Brunp and CMOC), which was previously selected and will invest $1.4 billion in the exploitation of lithium. Uranium One and CBC will operate in two minor salt flats in the country's southern Altiplano ...Web
The research by the Cambridge Centre for Alternative Finance (CCAF) found China's share of mining fell from 75.5% in September 2019 to 46% in April 2021. It also revealed Kazakhstan was now the ...Web
Before anyone knew what happened, Chinese companies had seized ownership of 15 of the 19 primary industrial copper-cobalt mining concessions down there. So they dominate mining excavation on the ...Web
The partnership would give CBC, which also includes mining giant CMOC, rights to develop two lithium plants, which could each produce annually up to 25,000 tonnes of battery-grade lithium carbonate.Web
A mining project south of Birch Lake, Minnesota, could put the area on the map for something other than copper-nickel exploration: helium mining. ... South Korea, Japan scramble jets after China ...Web
The rare earth deposit in the North T Zone has a radius of between 150 to 200 metres, according to the project's chief geologist, Chris Pederson. "It's not going to be spiraled down like other ...Web
The Quirk Creek natural gas plant, located southwest of Calgary, could serve as the new home for 200,000 bitcoin mining machines relocated from China, according to a press release from Black Rock ...Web
The 25-year deal underscores China's economic involvement in the region. ... A Chinese state-owned company is also in talks over the operation of a copper mine in the east of the country.Web
A giant Chinese battery company, Catl, has won a bidding process to develop Bolivia's huge lithium reserves. The ultra-light metal is used in electric vehicle (EV) batteries, production of which ...Web
China's share of global bitcoin mining capacity plummeted to zero in July after authorities launched a fresh crackdown on cryptocurrencies. But several …Web
According to publicly available data from the Nova Scotia government, the province sold 27,000 claims last year, which is a jump from the past five years. Claims cover specific geographic area and ...Web
Howard Mustoe 15 December 2023 • 6:00am. China has "weaponised" the supply of critical minerals needed for green energy by restricting access "for political leverage", a group of …Web
Just last month, China's Zijin Mining Group Co. made a nearly $1 billion offer to buy Canada's Neo Lithium Corp. Chinese battery-maker CATL also announced plans this fall to buy Canada's ...Web
Before anyone knew what happened, Chinese companies had seized ownership of 15 of the 19 primary industrial copper-cobalt mining concessions down there. So they dominate mining excavation …Web
China Looks to Africa in Race for Lithium. June 04, 2022 8:27 AM. Kate Bartlett. FILE - Workers at a factory for Xinwangda Electric Vehicle Battery Co. Ltd, which makes lithium batteries for ...Web
CBC's Theresa Kliem visits the facility, and host Leisha Grebinski speaks about the impacts of mining with Isabelle Demers, Canada Research Chair in Integration of Environment in the Mine Life Cycle.Web
Feb. 28, 2022. A court in the Democratic Republic of Congo has sidelined the Chinese owner of one of the world's largest copper and cobalt mines, a major victory for the Congolese government as ...Web
Our global metals and mining professionals are located close to clients in the world's top mining centres — Toronto, Vancouver, Sydney, London, Hong Kong, Tokyo and Bogota …Web
Lithium Americas Corp. made a $400 million US stock-and-cash offer for fellow Vancouver-based company Millennial Lithium Corp. on Monday, trumping a previous offer for the company made by China's ...Web
Ottawa earlier this year said it was investing up to $3.8 billion in a critical minerals strategy, which includes looking for, extracting and processing rare earth elements. In Canada, there are ...Web