Chinese takeover of lithium company not a security issue, Liberals sayNeo Lithium Corp. is not really a Canadian company, with a 'dubious' mine project in Argentina, says Liberal MPOTTAWA — The federal Liberals say the pending takeover of a Canadian lithium mining company by a Chinese state-owned company raises no national security concerns. Article contentLiberal MP Andy Fillmore, parliamentary secretary to Industry Minister Francois-Philippe Champagne, says Neo Lithium Corp. is not really a Canadian company. Try refreshing your browser, or Chinese takeover of lithium company not a security issue, Liberals say Back to videoHe says it only registered here to get on the Toronto Stock Exchange in a bid to raise money for what he called a “dubious” mine development project in Argentina. Consequently, he says the company’s takeover by China’s Zijin Mining Group Ltd. is “irrelevant” to Canada’s national security. Neo Lithium Corp. itself describes the mine as “the pre-eminent lithium brine asset in the world” to meet global demand for electric vehicle batteries.

Source: National Post January 21, 2022 11:47 UTC