ON
← Back to feed
KNS: Can France prevent the arrival of a Chinese investor ?
France🏛️ PoliticsCenter2 hr. ago

KNS: Can France prevent the arrival of a Chinese investor ?

The article discusses the potential investment by a Chinese investor in the Kalama Nickel Company (KNS), located in New Caledonia, and the French government's stance on this matter. The French President, Emmanuel Macron, has expressed opposition to a Chinese investor acquiring shares in the metallurgical plant. However, the article notes that the French state could legally block such an investment through constitutional and legal frameworks. The Société Minière de Saint-Pierre (SMSP), which manages KNS, is currently working to acquire the remaining 49% of shares held by Glencore before considering new investors. Despite Macron’s position, SMSP does not intend to exclude Chinese candidates from the bidding process, citing the seriousness of the offer from the Chinese company Lygend. The SMSP emphasizes its role as the majority shareholder and insists on maintaining control over strategic decisions regarding KNS.

Advertisement

Go to the primary sources (3)

The official sources this coverage is built on. Read them directly to bypass framing.

1 reports

France Info logoFrance InfoState / PublicCenter2 hr. ago
KNS: Can France prevent the arrival of a Chinese investor ?

The article discusses the potential investment by a Chinese investor in the Kalama Nickel Company (KNS), located in New Caledonia, and the French government's stance on this matter. The French President, Emmanuel Macron, has expressed opposition to a Chinese investor acquiring shares in the metallurgical plant. However, the article notes that the French state could legally block such an investment through constitutional and legal frameworks. The Société Minière de Saint-Pierre (SMSP), which manages KNS, is currently working to acquire the remaining 49% of shares held by Glencore before considering new investors. Despite Macron’s position, SMSP does not intend to exclude Chinese candidates from the bidding process, citing the seriousness of the offer from the Chinese company Lygend. The SMSP emphasizes its role as the majority shareholder and insists on maintaining control over strategic decisions regarding KNS.

Bias read (Center): While the article mentions President Macron's opposition to Chinese investment, it presents both the French government's position and the SMSP's perspective without overtly favoring one side. It includes quotes from both Macron and SMSP leadership, providing balanced coverage of the issue. The tone,

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and every other Supporter feature.

Become a Supporter

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €4/month.

Become a Supporter

Related stories