Africa-Press – Gambia. The China lithium question: a clash of the West’s corporate and strategic interests The deal went through swiftly – and almost immediately prompted calls for a national security review.
Just three months after Chinese-state-owned Zijin Mining Group announced its US$960 million plans to buy Canadian miner Neo Lithium, the proposal was signed, screened and delivered.
At a corporate level, the deal made sense. Neo Lithium’s biggest mine operation is in Argentina, where Zijin already has interests and plans to build a lithium carbonate plant. Canadian officials also said carmakers in North America were unlikely to use lithium produced so far away.
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