China Puts Canada’s Mining M&A Restrictions to the Test
Zijin Mining Group Co. is challenging the Trudeau government over rules limiting foreign state investment in projects at home and abroad.
Molten copper pouring into molds at Zijin Mining Group Co.’s plant in Serbia. The Chinese miner is challenging Canadian rules limiting foreign investment in the industry.
Photographer: Oliver Bunic/BloombergWelcome to our guide to the energy and commodities markets powering the global economy. Today, reporter Jacob Lorinc looks at China’s challenge to Canada’s mining investment restrictions. Our Spotlight feature explores the $91 billion trade that keeps firms digging in record desert heat. To get this newsletter sent to your inbox, sign up here.
For nearly two years, Canada has been on a mission to rid its mining sector of foreign state influence. One Chinese company is now pushing back.