Canada Tightens Grip on Critical Minerals Sector, Raising Bar for M&A Approvals Canada has announced a stringent new policy regarding large mergers and acquisitions in its critical minerals sector. Industry Minister Francois-Philippe Champagne stated that such deals would only be approved under “the most exceptional circumstances,” emphasizing the strategic importance of 31 identified critical minerals, including copper, lithium, and nickel. This policy shift, revealed alongside the conditional approval of Glencore’s acquisition of Teck Resources’ steelmaking coal business, signals Canada’s intent to protect its strategic resources. The government will use the Investment Canada Act to assess the net benefit of these deals to the country, with a particularly high bar set for foreign investments in critical mineral producers, especially those involving copper mining companies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation, Growth, and Labor Data Heat Up, But Wall Street Stays Skeptical READ MORE Gold Soars to New Heights as Central Banks and Investors Pile In READ MORE Manufacturing Upswing Propels Copper Toward $10,000 as Supply Struggles Loom READ MORE Gold Rally Continues nearing $2,500 with Traders Betting on Fed Rate Reductions READ MORE Declining Confidence in Credit Card Repayment Among Americans READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment