Looks like the Canadian Government is cornered . Either get involved while shenghe has a minor stake or do nothing and shenghe runs the show . Win / Win
“So, either the advancement or stalling of Nechalacho by Vital would likely help China maintain its grip on the rare earths sector. If Ottawa decides to do nothing at all, then Vital moves ahead with plans to advance towards a larger mine at Nechalacho. Under this scenario, Vital will need to raise tens to hundreds of millions of dollars to develop the larger rare earths operation. This opens the door for larger investment and potential increased ownership by Shenghe. “.
https://www.miningnewsnorth.com/story/2023/12/22/news/chinese-firm-buys-canadas-rare-earths/8266.html
Looks like the Canadian Government is cornered . Either get...
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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