Wednesday, February 8, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business Biz Plus

Canada orders three Chinese firms to exit deals on rare minerals

AFPbyAFP
November 3, 2022, 8:10 pm
in Biz Plus, Business
Reading Time: 1 min read
A A
Share on FacebookShare on TwitterShare on Email

Montreal, Canada—Canada on Wednesday ordered three Chinese companies to divest their stakes in Canadian rare earth minerals companies, citing “national security” reasons.

The companies ordered to divest their holdings are Sinomine (Hong Kong) Rare Metals Resources Co Ltd, Chengze Lithium International Limited, and Zangge Mining Investment (Chengdu) Co. Ltd., a statement said.

Canadian national security and intelligence agencies conducted “rigorous scrutiny” of the companies before the decision was made, said Francois-Philippe Champagne, minister of innovation, science, and industry.

“While Canada continues to welcome foreign direct investment, we will act decisively when investments threaten our national security and our critical minerals supply chains,” Champagne said.

Rare earth minerals are considered essential for green technologies of the future and already are used in electronics, aerospace, automotive, and defense industries.

ADVERTISEMENT

The announcement came five days after Canada tightened its rare minerals investment regulations for foreign state-owned enterprises, allowing investment only “on an exceptional basis.”

Ottawa has created a list of 31 so-called “critical minerals” it deems vital to its own economic prosperity, including cobalt, lithium, and manganese used in solar panels, wind turbines, and electric vehicle batteries.

Over the past two decades, China, the world’s largest producer of rare earth minerals, has invested billions of dollars in Canada to secure a supply of rare metals.  

Tags: CanadaChinanational security
ADVERTISEMENT
AFP

AFP

Related Posts

MPIC buying 34.7% of Axelum for P5.32b

byJenniffer B. Austria
February 7, 2023, 8:05 pm
0
8
Metro Pacific moves to expand operations, provide better customer services in 15 years

Metro Pacific Investments Corp. is acquiring a 34.76-percent interest in coconut manufacturer and exporter Axelum Resources Corp. for P5.32 billion,...

Read more

Globe’s net income jumped 46% to P34.6b in 2022

byDarwin G. Amojelar
February 7, 2023, 8:00 pm
0
8
How to throw a hybrid holiday party

Digital solutions platform Globe said Tuesday net profit grew by 46 percent last year, despite the challenging economic conditions. Globe...

Read more

PSE clears P1.87-b maiden offering of Alternergy Holdings

byJenniffer B. Austria
February 7, 2023, 7:55 pm
0
8
PSE approves P8-b stock rights offering of DITO CME; Figaro Coffee postpones IPO to January 2022

The Philippine Stock Exchange said Tuesday it approved the P1.87-billion initial public offering of Alternergy Holdings Corp., a renewable energy...

Read more

Chevron added 28 Caltex retail stores last year to continue expansion in PH

byAlena Mae S. Flores
February 7, 2023, 7:50 pm
0
8
Chevron assures public of commitment

Chevron Philippines Inc. said Tuesday it opened 28 new retail sites under the Caltex brand across the country in 2022,...

Read more

DTI chief urges Senate to ratify RCEP trade accord to lift exports

byOthel V. Campos
February 7, 2023, 7:45 pm
0
8
Fred Pascual

Trade Secretary Alfredo Pascual called on the Senate to ratify the Regional Comprehensive Economic Partnership amid rising protectionism and ongoing...

Read more

Cebu Landmasters reports P18.9b in reservation sales

byJenniffer B. Austria
February 7, 2023, 7:40 pm
0
8
Cebu Landmasters reports higher sales

Property developer Cebu Landmasters Inc. said Tuesday it booked P18.88 billion in reservation sales last year, up 14 percent from...

Read more

Print Edition

View More

Recent Posts

  • PCSO Releases ₱96.9M Worth of Funding Support to PAF, CHED and PSC
  • European Union delegates visit Clark, Subic
  • Sneakers for Makati : AB4.0
  • PH mission off to Turkey, Syria
  • It could happen here, too—Phivolcs
  • WHO warns up to 23m people could be affected by 7.8 tremor
  • Speaker slams agri traders to ‘moderate greed’
  • Jan. inflation hit 14-year high 8.7% as prices of basic needs soar

Advertisement

Latest News

WHO warns up to 23m people could be affected by 7.8 tremor

byAFP
February 8, 2023, 1:20 am
0
8
Travel ban on 8 nations up; WHO warns of strain spread

Geneva—Up to 23 million people could be affected by the massive earthquake that has killed thousands in Turkey and Syria,...

Read more

Speaker slams agri traders to ‘moderate greed’

byMaricel Cruz
February 8, 2023, 1:10 am
0
8
Football legend Pele dies at 82, now eternal icon

Speaker Martin Romualdez on Tuesday urged “profit-hungry traders” manipulating or hoarding the supply and prices of agricultural products, particularly onions...

Read more

Jan. inflation hit 14-year high 8.7% as prices of basic needs soar

byJulito G. Radaand4 others
February 8, 2023, 1:00 am
0
8
ADB cuts ‘developing Asia’ growth forecast as China lockdowns bite

Inflation rose to its highest level in more than 14 years and showed no sign of easing in January, rising...

Read more

Labor group: Rising prices erode daily wage by P88

byVito Barcelo
February 8, 2023, 12:50 am
0
8
Wages up in Calabarzon, Davao

At least P88 has been eroded from the P570 minimum wage in Metro Manila due to the continuous rise in...

Read more

Omicron strain XBB1.5 here

byWillie Casas
February 8, 2023, 12:40 am
0
8
PH logs 2 Omicron cases

The Philippines has confirmed its first case of the coronavirus omicron subvariant XBB.1.5, which experts said causes the most transmissible...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App