SRG Mining said in a release Monday that it wants to redomicile to the United Arab Emirates, after announcing in November it would move its headquarters out of Canada as part of an agreement to sell a 19.4-per-cent stake to China’s Carbon One New Energy Group for $16.9 million. By moving outside Canada, SRG said it wouldn’t require Ottawa’s clearance under the Investment Canada Act. (The Logic)

Talking point: The Canadian government has tried to curb Chinese investments in the critical-mineral sector to foster independence from the Asian nation’s monopoly on many electric-vehicle battery inputs. Canadian miners have raised concerns the policy would create a funding gap. SRG said the UAE has a bilateral investment treaty with the Republic of Guinea, where SRG’s graphite mine is located. The firm plans to seek approval to keep its TSX Venture Exchange listing as well as register with the Abu Dhabi Global Market. SRG will hold a shareholder vote on the redomiciling plan in the second quarter.