Canada introduces tougher security reviews of foreign investments
In 2023, Ottawa tightened foreign investment rules for the critical minerals sector, a year after forcing Chinese investors to sell their stakes in three Toronto-listed lithium firms.
As enthusiasm for zero-emission technologies accelerates into the mainstream, Canada has lost one of its earliest and most ardent champions of critical minerals.
The resource and reserve estimate for Bloom Lake totals 1.25 billion tonnes with an average iron content of 28.7% in the measured and indicated categories.