Our Lithium FIRE - Global Foreign Investment Review Evaluation for Key Lithium Jurisdictions sets out an overview and analysis of recent foreign investment review developments with a focus on lithium in a number of countries with substantial lithium reserves.
The report outlines the availability of a foreign investment screening procedure, which may apply to lithium investments in key jurisdictions. Where such a screening procedure is in place, the report delves into more detail, including on the reviewing agencies, types of transactions or events that may trigger screening rules, notification thresholds, timeline for approvals, applicable fees and statutory penalties for failing to notify.
The Lithium FIRE report also outlines the focus of the foreign investment review screening in these jurisdictions and whether there are substantive tests or points that must be satisfied. Lastly, it looks at the possible outcomes of the foreign investment review screening procedure in each jurisdiction.
With thanks to Hong Zhang and Leo Zhang of Baker McKenzie FenXun*; Danielle Valois, Joaquim Muniz and Gabriela Bezerra-Fischer of Trench Rossi Watanabe**; and members of John W Ffooks & Co, Kimathi & Partners, Corporate Attorneys and Gill, Godlonton & Gerrans, who all contributed to this report.
* Baker & McKenzie FenXun (FTZ) Joint Operation Office is a joint operation between Baker & McKenzie LLP, an Illinois limited liability partnership, and FenXun Partners, a Chinese law firm. The Joint Operation has been approved by the Shanghai Justice Bureau.
** Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.