no_comment_mister
no_comment_mister t1_iufznpa wrote
Reply to comment by shiver-yer-timbers in Canada restricting foreign state-owned firms from critical mineral industry by NineteenSixtySix
And China has the only businesses in this space which is major international mining operations in western countries. See Iron ore in Australia.
no_comment_mister t1_iug05hp wrote
Reply to comment by shiver-yer-timbers in Canada restricting foreign state-owned firms from critical mineral industry by NineteenSixtySix
Technically they don't own the resources. All companies whether they be local or outside pay rent on mining leases and pay royalties on the mined resource. They only own the product once the ore has been processed and the royalty has been paid.