News Snapshot:
Critics of the recent move cite the fact that in 2019, the federal government allowed the same Chinese investor, Sinomine, to buy the Tanco mine in Manitoba, the only lithium mine in Canada.George Penner/Handout This past summer, Power Metals Corp. PWM-X chief executive officer Johnathan More fielded questions from the federal government about the roughly 5-per-cent equity position Chinese state-owned Sinomine Rare Metals Resources Co. held in his tiny exploration company. What struck him was how naive some of the queries were. “They were coming at us saying, ‘Oh, they’re buying your company, they’re taking you over?’” he said. “I’m...
