AVZ Discussion 2022
- Thread starter GazDix
- Start date
JAG
Top 20
Sammy_da_Smile
Regular
Wrong.
If you actually do some reading, you may realise that arbitration proceedings were to take place via the International Chamber of Commerce in Paris. Therefore IF the ICC inform AVZ that the claims have been withdrawn, AVZ could well have announcements to make which are not reliant on the DRC Government.
Hopefully this does not need to be explained over and over again. I am getting frustrated just reading it.
JAG
Top 20
The next person talking about bullshit arbitration well fuck me.... watch out!
Do your friggin homework before posting bullshit about ICC Arbitration.
Not having a personal go, but common man...fuck, this is done and dusted and has been for months.
This is an interesting view. China have big plans for the Manono lithium. If they want to wait around for years and years, then they have a lot to lose.
This is one of the reasons I have not been that concerned about AVZ shares not trading. More and more electric cars and battery factories will be built. The lithium will just continue to be more and more in demand. The USA have been well behind China in terms of securing raw materials but if China keep on delaying this project, they may find they are no longer the only ones interested in Manono. AVZ struggled to get interest from USA for investment/offtakes at one stage, but this may well change.
CashKing
Regular
It seems to me that it already has.
The US president (Dem. or Rep.) and his subordinates have always been primarily representatives of big business.
Much is at stake both strategically and financially in the Sino-US power struggle.
I expect US approaches to AVZ which may already have been made.
BTW when our latest extension with CATL expires, why don't we up the $240m or lower the 24%
Take it or leave it.
500m?
No love lost from my pov.
They knew
Sammy_da_Smile
Regular
Mate no offence, until I see an announcement saying otherwise, we are at ARBITRATION. They have been announcing these updates whilst in suspension. Pretty clear I think and next update is either we have successfully got the three arbitrators OR based off recent events, Zijin have pulled the plug.
The next person talking about bullshit arbitration well fuck me.... watch out!
Do your friggin homework before posting bullshit about ICC Arbitration.
Not having a personal go, but common man...fuck, this is done and dusted and has been for months.
Sick of all this bullshit, I spoke to Nigel this, oh I've heard that, Ann definitely this week. Give me a break ffs.
Tell me in writing where it says we are not at ARBITRATION and I'll apologise.
Frank
Top 20
A summit on the industrialization of southern Africa held in the DRC
A dozen Heads of State of the Economic Community of Southern African States (SADC) held a summit on Wednesday in Kinshasa on the industrialization of the sixteen member countries of the sub-region, called upon to develop their own “value chains”, noted an AFP team.
The theme chosen was: “Promoting industrialization through agro-processing, mineral beneficiation and the development of regional value chains with a view to achieving inclusive economic growth”.
“There is no one outside of Africa who will come and build Africa the way we want it to be built,” outgoing SADC chairperson Lazarus Chakwera from Malawi said at the outset, noting that Americans, Europeans and Asians spend only “a few million dollars” on building infrastructure on the continent.
“For this reason, we need to create our own development resource pools. We already have the natural and mineral resources, which should be more than enough to fund any project we need across Africa,” he said. he adds.
“The plunder we allowed the West to carry out in the Democratic Republic of Congo is a sin we must repent of,” he said.
The time has come to show and tell “to the world with one voice that Africa is open for business, but Africa is not for sale”.
*Succeeding him in the rotating presidency of the SADC, the Congolese President Félix Tshisekedi made in his speech the commitment to invest himself, with all the Member States of the SADC, in the construction of infrastructures with a view to industrialization in the sub-region.
*Member States must “accelerate the implementation of relevant and related projects” with a view to achieving this objective, making use of new information and communication technologies considered as “instruments and catalysts for industrialization”, he said.
Fresh projects are needed for mining to meet demand
Times are good for the mining sector, but more exploration and mine development is vital if it is to keep up with future demand – for battery minerals in particular.
With the focus now on minerals that can build a low-carbon future, Ralf Hennecke, Managing Director of Omnia Group company BME, has emphasized a commodity pipeline that is falling short.
“Greenfield projects to boost the production of key commodities are scarce,” he said.
“Minerals like nickel, copper, cobalt and platinum group metals are likely to experience supply shortages in the not-too-distant future if new projects are not initiated soon.”
He reiterated that new mining operations – or even large expansions – typically take 7-10 years to progress from the planning stage to the production of metal.
There is a likelihood that the demand-supply gap in many minerals could worsen if levelling production rates are not augmented with new sources of supply.
The demand for battery minerals is being driven by a range of green technologies – even though there is still uncertainty about which minerals will be most in demand in the future.
“We are fortunate that mining is attracting substantial interest from investors, especially as the sector embraces environmental, social and governance (ESG) priorities,” he said.
“It is also being supported by its key supply partners in pursuing important sustainability goals; this is all contributing to a more stable outlook, also building on more constructive links with communities and host governments.”
The mining industry has also taken an active stance concerning climate change, which is a key priority for many end customers of mineral products.
Hennecke pointed to the ongoing pursuit of efficiency in mining – to serve both sustainability and production imperatives.
On this front, mines are looking increasingly to their partners in the supply chain for enabling technology and skill sets.
“As we work together with mines to improve on-site efficiencies, supply partners like BME can assist customers in reaching output and sustainability goals,” he said.
“The digital age offers a great deal to our efforts in developing productive technologies, and we are confident that investors will also recognise this potential.”
Operationally, mines and their supply partners must carefully balance their sustainability and efficiency priorities with the security of supply, he emphasised.
Building and maintaining robust supply chains has returned to the spotlight since the outbreak of the Covid-19 pandemic.
Economic lockdowns severely disrupted global logistics networks and many – such as shipping – are yet to recover. More recently, geo-political instability caused by Russia’s invasion of Ukraine has added to the factors that threaten reliable supply chains.
“Despite these challenges, we hope to see levels of investment grow in mineral-rich countries like the Democratic Republic of Congo and Zambia among others,” said Hennecke.
copperbeltkatangamining.com
Mr Inappropriate
Regular
JAG
Top 20
Tell me in writing where it says we are not at ARBITRATION and I'll apologise.
Where does it say we are at ARBITRATION??
MoneyBags1348
Top 20
MoneyBags1348
Top 20
MoneyBags1348
Top 20
MoneyBags1348
Top 20
Ok, ok…. I know that’s enough!!
Sammy_da_Smile
Regular
Tell me in writing where it says we are not at ARBITRATION and I'll apologise.
Where does it say we are at ARBITRATION??
First sentence of the ann?? Company provides an update on the ARBITRATION proceedings before the ICC in Paris.
AVZ have filed its response. Note the word here "FILED ITS RESPONSE".
Which is oh wait, let me do some research here,
cause err umm I need to use my brain
Arbitration - ICC - International Chamber of Commerce
With 12 case management teams across the globe, we stand ready to assist you at any stage of your dispute.
iccwbo.org
What does that heading say you might ask?
Commencing the ARBITRATION
Responding to the request is Article 5 which we have done and also the last paragraph from the ann, the ICC will now decide whether the tribunal will consist of one or three arbitrator's.
This step is article 12.
Am I actually a dumb dog? How can one think we aren't at arbitration?
Can you explain why you think we are not arbitration?
Similar threads
