Investment deal sends stockpiled minerals from NWT rare earths mine to China – National

Investment deal sends stockpiled minerals from NWT rare earths mine to China – National

The federal government says it’s monitoring a Chinese investment in a struggling Australian firm that owns Canada’s only operating rare earths mine. According to a release on the company’s website, the first stage in Shenghe Resources Holding Co., Ltd’s investment in Vital Metals was completed as of Monday, in shares issued to raise roughly $5.3 … Read more