'FIRB gets involved when Hebang’s stake hits 20% (already done in 2024) and for any significant action in a sensitive sector like critical minerals, regardless of percentage. For Hebang to cross 50%, FIRB has likely already played its role via prior approvals, but a fresh review could occur if the March 10, 2025, deal wasn’t pre-cleared for majority control or if new risks emerge. Given the smooth progression of Hebang’s investments and Avenira’s cooperation, FIRB’s involvement seems proactive and resolved—Hebang reaching 50%+ would formalize control without necessarily triggering a new process unless conditions change.'
AEV Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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