It is reported Sinomine Resource Group, a Chinese Communist Party (CCP) controlled company, quietly acquired Tanco Mine in Manitoba three years ago. Tanco is rich in cesium and lithium, key rare metals essential for the manufacture of high-tech products such as atomic clocks and batteries.
Sinomine’s Tenco has already started production and shipped lithium ore to communist China, and plans to expanding production, while Canada authority could have blocked the acquisition on national security ground. Canadian miners have to seek huge financial support in the early development; however, they chose the CCP.
Canada is aware that their national security has been serious threatened, after years of Beijing control of these important mine. The Communist regime also seized ownership of Barrick Gold Corporation, First Quantum Minerals and Ivanhoe.
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