Canadian minerals needed for batteries now protected from foreign control

November 4, 2022

Canadian critical minerals are now subjected to more stringent foreign investment rules as the government looks to keep tighter control over the country’s resources. The federal government announced late last week that it is applying existing Investment Canada Act rules to the critical mineral sector. The news comes against a backdrop of increasing foreign activity in Canada’s mineral sector as OEMs, battery makers around the world look to secure raw material supplies to feed battery manufacturing and the EV supply chain. Read original article here.

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