This project has been offered around for years with no takers. Nope. Nope. Nope.
Now, the Chinese have come up with a formula, which includes adding in a likely marginal Canadian deposit. Good luck realising value or extracting your position as a subsidiary of Yangkuang.
I suspect Spain and the EU will have strong views about a strategic mining fertiliser asset being exploited by China. If they dont, they should.
Most unimpressive.
Ash
Ann: LoI for Cooperation on Strategic Investment, page-21
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