China’s CATL Takes Significant Stake in Canada’s Neo Lithium Corp.

On September 14, Mining Weekly reported that China's Contemporary Amperex Technology Co., Ltd. (CATL) had reached a deal to acquire over 10 million shares from the Canadian Neo Lithium Corp. The deal -- which would place CATL as Neo Lithium's third-largest shareholder and give it a seat on the company's board -- also opens up another avenue where China might seek to advance its already dominant position over the supply chain for strategic ...

Uganda Alleges Nearly 700 Defects in Isimba Dam Built by China’s CWE

On September 16, local media reports in Uganda indicated that state-owned China International Water & Electricity Generation Company Limited (CWE) is stalling the completion of a bridge project associated with the 183 MW Isimba dam project in Uganda over a $42 million payment dispute with the Uganda Electricity Generation Company Limited (UEGCL). CWE alleges that UEGCL is unfairly withholding payment of $28 million due to the Chinese ...

Faced with Democracy Protests and COVID-19, Belarus Receives $1.5 Billion Russian Loan

During a meeting with Belarusian President Alexander Lukashenko in Sochi on September 14, Russia’s President Vladimir Putin announced that Russia had agreed to provide Belarus with a 10-year, $1.5 billion loan. Although the announcement did not specify what the loan was meant to be used for, it did acknowledge that Belarus was enduring a “complicated period.” While the pandemic has certainly been a contributing factor to the country’s ...