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شباط 3, 2025
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By Andy Home LONDON, Nov 4 (Reuters) - Canada has just upped the ante in the global competition to secure critical minerals. The Canadian government this week ordered Chinese companies to divest their holdings in three Canadian-listed junior mining companies planning to develop lithium deposits. The ban comes within days of Canada announcing a tougher policy on investment in the minerals sector by state-owned entities, particularly those from China, which dominates the processing of key energy transition metals such as lithium, cobalt and rare earths. The order to divest follows what the government said was a "multi-step national security review process, which involves rigorous scrutiny by Canada's national security and intelligence community." It promised to continue to "act decisively when investments threaten our national security and our critical minerals supply chains, both at home and abroad." The move marks a hardening of geopolitical battle-lines in the metals sector and raises the question of what Canada and its metallic allies might do next in the name of national security. PROTECTING THE PIPELINE The three impacted Canadian companies - Power Metals Corp , Ultra Lithium Inc and Lithium Chile Inc - are sitting on lithium deposits in Canada, Argentina and Chile respectively. Power Metals' properties in Ontario also contain tantalum and caesium, both of which are also classified as critical minerals by Canada and the United States. All are next-generation projects, part of a growing pipeline needed to feed the world's hunger for lithium. And all have recently announced strategic investments by Chinese players offering not just money but processing expertise and off-take commitments. Sinomine, one of the world's largest rare earth producers, took a 5.7% stake in Power Metals for C$1.5m in a January fund-raising round. Zangge Mining Co, a major Chinese lithium and potash producer, lifted its interest in Ultra Lithium to 14.2% in May and in June entered into an agreement to finance development of the Laguna Verde lithium project in Argentina. Chengxin Lithium used a private placement by Lithium Chile in May to boost its stake to 19.4% for C$28 million. All three Chinese companies have fallen foul of Canada's newly beefed-up Investment Canada Act and must now divest their holdings. The three abandoned brides will have to find new partners with the government proviso that suitors "share our interests and values." WIDENING THE NET Canada's new policy on critical minerals investment is wide-ranging and far-reaching. It's not just China's state-owned players that will come in for extra scrutiny, but also any private investors "assessed as being closely tied to, subject to influence from, or who could be compelled to comply with extrajudicial direction from foreign governments." The policy covers not just mining but all stages of the minerals processing chain. It extends, most obviously in the case of Ultra Lithium and Lithium Chile, to overseas assets as well as domestic. Canada's critical minerals list, updated in March this year, is extensive, covering not just the esoteric rare earths family and energy-transition inputs such as lithium, cobalt and nickel but also mainstream industrial metals such as aluminium, copper and zinc. These are currently highly globalised markets, pivoting around China as the world's largest user of industrial metals. Canada, for example, has for many years been a supplier of mined copper concentrates to China, shipping 430,000 tonnes last year. Such mine off-take deals may not be immune from Canada's national security considerations. "We will need to be very thoughtful going forward about what we are willing to allow," said Canadian Natural Resources Minister Jonathan Wilson in a June interview with the Globe and Mail.
"It is not just true of ownership, but I think we also have to be looking at things like long-term off-take agreements," he added. Canada's overriding priority, Wilson explained, is one of "protecting itself in an area that is clearly strategic and ensuring that those supply chains will be robust for our allies." METAL BLOC Canada's clamp-down on Chinese investment in critical minerals should be seen in the context of an emerging metallic NATO of like-minded countries looking to reduce their dependence on the China and Russia. The Minerals Security Partnership (MSP), launched in June this year, includes Australia, Canada, Finland, France, Germany, Japan, the Republic of Korea, Sweden, Britain, the United States, and the European Commission. The nascent alliance is still fractious. The United States' Inflation Reduction Act, linking electric vehicle subsidies to domestically-produced metals, has infuriated both the European Union and South Korea. Heated negotiations are currently taking place between U.S Trade Representative Katherine Tai and the European Commission, which is looking for some form of exemption for friendly countries. Assuming the current spat can be smoothed out, there is the clear potential for other members to halt Chinese investment into their respective mineral sectors. Australia is already doing so.
In April it blocked an attempt by the Chinese state-owned Baogang Group to take a 13% share in Northern Minerals, which owns the Browns Range rare earths deposit in Western Australia. In the same month it also blocked Yibin Tianyi Lithium Industry from taking a stake in AVZ Minerals, which has lithium projects, with associated tin and tantalum, in the Democratic Republic of Congo. Canada's definition of domestic critical resources to include any company listed on its stock exchange will resonate amongst both the heavyweight mining companies in Britain's FTSE-100 and the many junior resource companies listed on London's AIM market. All will need to heed the Canadian government's advice to its companies that they "carefully review their investment plans to identify any potential connections to (...) or entities linked to or subject to influence by hostile or non-likeminded regimes or states." The metallic uncoupling of China and the rest of the world has just entered a new, more aggressive phase as governments overrule free markets to defend their supply chains. Canada's three-pronged attack on Chinese investment is just the start of the next chapter in the great critical minerals game of nations.
($1 = 1.3736 Canadian dollars) The opinions expressed here are those of the author, a columnist for Reuters (Editing by David Evans)
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شباط 2, 2025
7 المشاهدات
Jemma Kidd cut a glamorous figure as she attend the Fashion Trust Arabia Prize 2022 at The National Museum of Qatar on Wednesday in Doha.The make-up artist, 48, wowed onlookers in a dazzling red sleeved gown while making her red carpet debut with her billionaire partner Arpad Busson, 59.They went Instagram official with their relationship earlier this year, posting a holiday snap together in St Moritz, and have kept a fairly low profile until now. Couple: Jemma Kidd, 48, donned a dazzling red gown as she made her red carpet debut with her billionaire partner Arpad Busson, 59, at the Fashion Trust Arabia Prize on Wednesday
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Dazzle like Jemma in a David Koma sequin dress
The Fashion Trust Arabia Prize 2022 attracted a host of famous faces, including Jemma Kidd.
The make-up artist dazzled in a chocolate-coloured dress by David Koma, accessorised with heeled sandals and an embellished clutch.
Cut with a demure turtleneck, figure-skimming fit and thigh-high slit, this design is showered with thousands of light-catching sequins. It couldn't have been more fitting for the glamorous occasion.
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French financier Arpad went for smart casual, pairing black tie with Nike Air trainers.Former model Jemma split with her husband, the Marquess of Douro in 2020. RELATED ARTICLES
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Luckily, she seems to have found love again with Arpad who appears to have a penchant for leggy blondes.He was previously with Australian supermodel Elle Macpherson between 1996 and 2005. They share songs Flynn, 24, and Aurelius, 19. Pictured: Jemma with her previous partner Arthur Wellesley, Earl of Mornington, in June 2018Earlier this year, Jemma and Arpad looked cosy as they were seen together for the first time while holidaying in St Moritz.Jemma sported a striking fur hat while Arki gripped a furry blanket to keep out the cold.Aristocrat Jemma and Arki had been flirting at exclusive London members' club 5 Hertford Street in May last year.Things have moved on considerably since then, with the couple enjoying a horse-and-cart ride and dinner dates in the luxury resort. Jemma's 15-year marriage to Arthur Wellesley, the 9th Duke of Wellington's elder son, ended amicably in 2020, while Arki was once Uma Thurman's fiancé.The pair have colourful family histories. Arki's step-grandfather, Hungarian financier Arpad Plesch, had a prized collection of esoteric pornography.Jemma's great-grandfather, Sir Rowland Hodge, was convicted of hoarding 168lb (6oz) of bacon and ham during the First World War. Exes: He was previously with Australian supermodel Elle Macpherson between 1996 and 2005. They share songs Flynn, 24, and Aurelius, 19 (pictured in 2005)
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شباط 2, 2025
2 المشاهدات
KASABIAN: The Alchemist's (Columbia)Rating: Verdict: Pick 'n' mix PizzornoPALE WAVES: Unwanted (Dirty Hit)Rating: Verdict: Surfs the pop-punk currentsERASURE: Day-Glo (Based On A True Story) (Mute)Rating: Verdict: Sleek but slight Kasabian have always walked a tightrope between lad-rock and the more esoteric tastes of songwriter Serge Pizzorno.The Leicester band's rabble-rousing instincts landed them a Glastonbury headline slot in 2014; guitarist Pizzorno's love of hip-hop, electronics, and arty film scores kept them interesting.Their appeal was rooted in the musical tension between Pizzorno and ex-singer Tom Meighan, who was the band's energetic focal point onstage. That partnership came to an abrupt end in 2020 when Meighan left the group by mutual consent a day before pleading guilty to assaulting his then-fiancée (now his wife) Vikki Ager.The former frontman was sentenced to 200 hours of community service and entered rehab for alcohol addiction. He has since moved to Cornwall and launched a solo career.The rest of the band decided to carry on without him, with Pizzorno becoming lead singer. The Alchemist's Euphoria is the first new music from the reconfigured line-up — which also features Chris Edwards, Ian Matthews and second guitarist Tim Carter — and, perhaps understandably, it's an uneven affair.There are nods to the crowd-pleasing Britpop swagger of old, but it's Pizzorno's more eclectic leanings that hold sway.He doesn't hold back.
He made an experimental solo album, The S.L.P., three years ago and revisits similar styles here. Kasabian songwriter Serge Pizzorno (pictured) had musical tension with ex-singer Tom Meighan, who used to be the band's energetic focal point onstageThere are guitar-driven rockers, rap numbers, ambient interludes and even a folk tune.
Many of the song titles — Scriptvre, Alygatyr, Stargazr — take liberties with the English language.In covering so many bases, there's a sense the new frontman might be trying too hard in the wake of Meighan's departure and The Alchemist's Euphoria will leave many fans scratching their heads. Where they once modelled themselves on Oasis and Primal Scream, their closest bedfellows now may be Radiohead.There are moments to savour.
Scriptvre opens like an East Midlands take on the Red Hot Chili Peppers' 1991 single Give It Away before developing into a psychedelic rocker with Eastern strings and quirky synths. The Wall, a big, emotional ballad about overcoming adversity, was aired during the BBC's coverage of the Lionesses' Euro 2022 win.Outline of Esoteric assure visit the page.
كن الشخص الأول المعجب بهذا.
شباط 2, 2025
2 المشاهدات
KASABIAN: The Alchemist's (Columbia)Rating: Verdict: Pick 'n' mix PizzornoPALE WAVES: Unwanted (Dirty Hit)Rating: Verdict: Surfs the pop-punk currentsERASURE: Day-Glo (Based On A True Story) (Mute)Rating: Verdict: Sleek but slight Kasabian have always walked a tightrope between lad-rock and the more esoteric tastes of songwriter Serge Pizzorno.The Leicester band's rabble-rousing instincts landed them a Glastonbury headline slot in 2014; guitarist Pizzorno's love of hip-hop, electronics, and arty film scores kept them interesting.Their appeal was rooted in the musical tension between Pizzorno and ex-singer Tom Meighan, who was the band's energetic focal point onstage. That partnership came to an abrupt end in 2020 when Meighan left the group by mutual consent a day before pleading guilty to assaulting his then-fiancée (now his wife) Vikki Ager.The former frontman was sentenced to 200 hours of community service and entered rehab for alcohol addiction. He has since moved to Cornwall and launched a solo career.The rest of the band decided to carry on without him, with Pizzorno becoming lead singer. The Alchemist's Euphoria is the first new music from the reconfigured line-up — which also features Chris Edwards, Ian Matthews and second guitarist Tim Carter — and, perhaps understandably, it's an uneven affair.There are nods to the crowd-pleasing Britpop swagger of old, but it's Pizzorno's more eclectic leanings that hold sway.He doesn't hold back.
He made an experimental solo album, The S.L.P., three years ago and revisits similar styles here. Kasabian songwriter Serge Pizzorno (pictured) had musical tension with ex-singer Tom Meighan, who used to be the band's energetic focal point onstageThere are guitar-driven rockers, rap numbers, ambient interludes and even a folk tune.
Many of the song titles — Scriptvre, Alygatyr, Stargazr — take liberties with the English language.In covering so many bases, there's a sense the new frontman might be trying too hard in the wake of Meighan's departure and The Alchemist's Euphoria will leave many fans scratching their heads. Where they once modelled themselves on Oasis and Primal Scream, their closest bedfellows now may be Radiohead.There are moments to savour.
Scriptvre opens like an East Midlands take on the Red Hot Chili Peppers' 1991 single Give It Away before developing into a psychedelic rocker with Eastern strings and quirky synths. The Wall, a big, emotional ballad about overcoming adversity, was aired during the BBC's coverage of the Lionesses' Euro 2022 win.Outline of Esoteric i implore you to visit our own web site.
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شباط 1, 2025
17 المشاهدات
A theoretical physicist who studies ripples in space that span billions of years is the first Australian to be awarded the prestigious Blaise Pascal science medal. The Australian National University's Susan Scott has won the 2022 medal for physics from the European Academy of Sciences, which recognises the work of the world's best scientists. "I am the first Australian, and Australian woman, to be awarded this medal, so this is a tremendous honour," Professor Scott said. Her work is spurring powerful advances in quantum, laser and optical technology. She said she hopes the award inspires the next generation of women scientists in Australia and internationally. "Throughout most of my career, in general relativity theory and gravitational wave science, there have been so few women, particularly in Australia," Prof Scott told AAP from Brussels. "We really need to change that because we're just missing out on so much talent." She wants women and girls to know they can follow their dreams of being scientists and making discoveries. "It's an incredibly fulfilling thing to do and it's very important to me that I do have this mentorship role - for young women scientists and generally to our students and early career researchers," she said. Prof Scott was part of an international team that detected gravitational waves, proving Albert Einstein's theory on general relativity. "At the time, many people thought Einstein's theory of general relativity from 1915 was very esoteric and would probably never have any use or purpose," she said. "Now we all use GPS in everyday life - I was using it yesterday to navigate around Brussels. It's taken 100 years, but it's a flow-on effect from his theory." The academy citation recognises her "ground-breaking discoveries in general relativity, cosmology and gravitational wave science" spanning more than three decades. "She played a leading role in Australia's participation in the first detection of gravitational waves in 2015 and the development of the field of gravitational wave science in Australia following on from that discovery," the academy said. Gravitational waves are ripples in space and time caused by massive cosmic events, including the collisions of black holes.
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