The federal government has been getting tough with some Chinese companies, forcing some foreign owners of Canadian critical mineral projects to divest their holdings in the name of national security. On a Nov. 2 list of forced divestitures were Sinomine Rare Metals Resources' holdings in Vancouver-based Power Metals (CVE: PWM), which has projects in Canada; Chengze Lithium International's investment in Calgary-based Lithium Chile (CVE: LITH), whose projects are in South America; and Zangge Mining Investment's stake in Vancouver-headquartered Ultra Lithium (CVE: ULT), which has projects in Argentina, Canada, and the U.S headquartered in Vancouver. The junior companies' assets are focused on lithium, cesium and tantalum.
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