Chill on China investment creates ‘gap’ for Canada miners, lithium CEO says

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Frontier has two spodumene-bearing deposits at its PAK project, 175 kilometres north of Red Lake, near the Manitoba border. (Image courtesy of Frontier Lithium.)

Canada needs to quickly ramp up support for the nation’s critical minerals industry to counter a “gap” caused by its recent crackdown on foreign investment, says Frontier Lithium Inc.’s top executive.

The government’s move to limit investment from state-owned entities into Canada’s critical minerals resources is causing stress in the mining industry, Chief Executive Officer Trevor Walker said Tuesday in a BNN Bloomberg TV interview. Walker, whose firm is exploring for lithium in northern Ontario, cited the “tightening” of China investment into Canada as of particular concern.

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