Canada orders Chinese companies to sell stake in lithium Howard Klein, president of the lithium advisory firm RK Equity, says ordering Chinese firms to divest themselves from three small companies doesn’t advance Canada’s ambition to participate in the battery supply chain. He says the move might scare off future Chinese investors. That could make it harder for Canadian firms to raise money, especially since North American investors are wary of mining projects. He would rather see Canada commit to large levels of public funding for battery projects, as the US has done. “There are sticks against China,” he says. “Where are the carrots to fund homegrown projects?”
https://cen.acs.org/energy/energy-storage/Canada-orders-Chinese-companies-sell/100/web/2022/11