Reported 1 day ago
Australia's Global Lithium Resources is urging government intervention to prevent what it claims is a takeover attempt by Chinese investors over its Manna lithium project. The company alleged that a group of shareholders with ties to China is attempting to control the board, calling for a halt to their voting rights at an upcoming shareholder meeting. This situation has raised concerns within the Australian government, which is keen on fostering critical minerals projects while balancing relations with both the United States and China.
Source: YAHOO