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Canadian Royalties Inc. Appoints James Xiang As President and CEO

Mar 08, 2024•over 1 year ago

Position

President

Company

Canadian Royalties

James Xiang
Chemin NunavikMining TechnologyMineralMining

Description

Canadian Royalties Inc. (CRI) has undergone a transfer to a Swiss firm, with James Xiang continuing to serve as the President and CEO. This transfer has raised concerns about foreign investments in the critical minerals sector for national security reasons.

Company Information

Company

Canadian Royalties

Location

Chemin Nunavik, Quebec, Canada

About

Canadian Royalties Inc. (CRI) is a mining company based in Nunavik, Quebec, with a long history of involvement with Chinese firms. The company has faced scrutiny in the past for being acquired by a Chinese company in 2009, which was considered China’s first hostile takeover of a Canadian company. CRI has connections to various Chinese-owned mining and exploration companies, and its recent transfer to a Swiss firm has raised questions and concerns about foreign investments in the critical minerals sector for national security reasons.

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