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China's Zijin Plans Stake in Canadian Miner, Testing Security Rules

China's Zijin Plans Stake in Canadian Miner, Testing Security Rules
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China's Zijin Plans Stake in Canadian Miner, Testing Security Rules

(Bloomberg) Zijin Mining Group Co. plans to take a 15% stake in Canadian copper company Solaris Resources Inc., testing Canada’s national security rules following a recent crackdown on foreign ownership. Most Read from BloombergLarge Backers of Private Equity Are Asking For Their Money BackCiti to Cut 20,000 Roles in Fraser’s Bid to Boost ReturnsBlackRock Buys Infrastructure Firm GIP for $12.5 Billion in Major Alternatives PushIran Wins With US Airstrikes on Houthis in YemenGoogle Lays Off Hu ....

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Zijin's Lithium Foray Adds to China's Push for Battery Materials

(Bloomberg) Zijin Mining Group Co. is making its first foray into lithium a key raw material for batteries with a C$960 million ($770 million) purchase of Neo Lithium Corp.

The major Chinese gold and copper producer agreed to buy all outstanding shares of Neo Lithium for C$6. ....

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