The pending takeover of a Canadian lithium mining company by a Chinese state-owned company raises no national security concerns, federal Liberals argued Thursday.
Liberal MP Andy Fillmore, parliamentary secretary to Industry Minister Francois-Philippe Champagne, told a House of Commons committee that the Industry Department reviewed last fall the proposed takeover of Neo Lithium Corp. by China’s Zijin Mining Group Ltd.
That review concluded that Neo Lithium is “really not a Canadian company,” he told the industry committee, describing it as an Argentine company with directors in the United Kingdom and only three Canadian employees “on paper.”
He said the only reason
