Not saying they need to be punished and I hope we hold on to it all under a ML, but we mustn't be surprised or outraged if we do not get the whole PR or exploration permit acreage transferred to a PE or production/mining licence that's just how it goes in most places of the world although I've seen some mention here that DRC Mining code does not require a partial relinquishment at time of PR to PE transition.Why should AVZ be penalised for finding the resource CDL. It is part of the tenement and have every right to it.
Now that's a face you can hate . Imo
Macquarie doesn’t see ‘material volume from new spodumene producers until CY23’, ups lithium price target
Aussie global financial group, Macquarie, has upgraded its lithium price outlook to reflect the current tight lithium market and buoyant spot lithium prices.
The bullish report titled ‘Australian lithium miners – Upgrading lithium price outlook’ says it maintains its preference for Australian based producers with Pilbara Minerals and IGO remaining unchanged as its top two picks, offering strong production upside.
“PLS offers the greatest leverage to spodumene prices with the improved outlook driving a 40% lift in our price target to A$5.60,” the report authors write.
According to the report, domestic Chinese lithium carbonate prices continue to trade at material premiums to regional lithium carbonate prices, and the broker expects a price differential between regional prices and Chinese prices reflecting a 3-month lag, which will close in CY4.
“We do not see material volume from new spodumene producers until CY23,” the report authors write.
“We lift our peak price assumption by 2% to US$5,000/t (realised quarterly average) and upgrade annual prices by 55% for CY23 and 107%, 114% and 110% for CY24, CY25, and CY26 respectively.”
NOW READ: Pilbara Minerals lifted its gross margin by more than 1800% last year
Volkswagen will sell only EVs in Norway from 2024
Volkswagen will pull all its new combustion engine cars from the Norwegian market from 2024, the company’s local importer has said.
The Norwegian government has already put in place a target to discourage the sale of combustion engine cars altogether from 2025.
It is already a market leader in electrification of transport, and more than eight of of 1o new passenger cars sold are already battery electric there, the result of three decades of supportive policy in Norway.
The new announcement that came via Volkswagen’s importer Møller Mobility Group – which imports and sells all Volkswagen group vehicles including VW, Audi, Škoda and Cupra.
It means that Volkswagen in Norway would say goodbye to combustion engines two years earlier than demanded by the Norwegian government, as the Volkswagen cut off date for new ICE sales will be January 1, 2024.
And although Norway is already a leader in adoption of electric cars, the majority of cars still on the road – more than 80% – are still run by fossil fuels.
Volkswagen’s ID.4 electric SUV is the brand’s most popular EV in Norway. Source: Volkswagen![]()
Head of the Volkswagen importer Ulf Tore Hekneby says he thinks the Norwegian government targets should be stronger so that the phase out of all combustion cars on the road can be achieved sooner.
At an event with the Zero Environmental Foundation last week, Hekneby said he wants to see more ambitious government targets, such as a fixed date by which at least half of the vehicle population must be emission-free.
“We need the industry and the politicians to continue working on cutting emissions,” he said in a statement, adding he wants to see breaks for plug-in hybrids cutback also.
“A concrete step we believe the politicians should take already now is to remove the weight deduction for plug-in hybrids from 1 January.
This is yesterday’s technology, which contributes to the fact that many car buyers still opt out of the zero-emission options,” he said.
As reported by Norwegian media, Hekneby also pointed to a report by the Institute for Transport Economics, which said 50 percent of the passenger car fleet could be electrified by 2036 if all current incentives are maintained.
Policy levers in place to encourage adoption of EVs in Norway include VAT exemption on electric cars.
This is due to end on January 1, 2023 for EVs priced over 500,000 Kroner (just under $A97,000 converted).
Hekneby estimates that the goal of 50 percent e-vehicles in the fleet might not be reached until 2042 if this subsidy were to be dropped.
Currently, electric car sales account for almost 81% of Volkswagen’s new car sales in Norway – 6,900 of the 8,500 total.
Most of these are the brand’s VW ID.4 electric SUV, which follows closely behind the Tesla Model Y in terms of popularity.
A look at the overall market shows that, at least in the case of new registrations, the step towards 100 percent new BEV passenger cars is getting closer.
This year, electric cars accounted for well over 70 percent of new registrations in Norway.
As The Driven reported on Monday, Volkswagen has sold the highest number of ID.Buzz “electric Kombis” in Norway.
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Volkswagen declares ID.Buzz sale success as orders top 10,000
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The all-electric ID.Buzz advance sales are filling up quickly, with the majority of the sales in Norway, Volkswagen says.
The zero-emission version of the German carmaker’s minibus – known fondly in Australia in its original 1960’s format as a Kombi, and as a Microbus in the US – was opened up for pre-orders in June.
“10,000 orders, without the car actually being at the dealer, let alone a customer having driven it,” Krause was quoted as saying.
“That is just impressive.”
Series production of the ID.Buzz commenced in May, and there are 15,000 planned for production by the end of 2022.
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*I want one, I want a Buzz and i want it Now !!! C'Mon AVZ C'Mon give me a Buzz
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@$2 I’ll be ramping up my quiet quitting at work I reckonAs my body is not made for OnlyFans, so once we go $2 I will start GoFundMe for this VW from TSE AVZ members , do not disappoint me peeps, i NEED this....
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Him and brewer - in my humble opinion, top of the class in bullshit and false hopes..Now that's a face you can hate . Imo
I personally hate the term "quiet quitting".@$2 I’ll be ramping up my quiet quitting at work I reckon, for those that don’t know it’s a thing
& was it just on the news so Google it
Pretty sure JAG has been doing it for a while & maybe even winenut and a few others but I really hope most of us can achieve this goal soon
GLTAH
@$2 I’ll be ramping up my quiet quitting at work I reckon, for those that don’t know it’s a thing
& was it just on the news so Google it
Pretty sure JAG has been doing it for a while & maybe even winenut and a few others but I really hope most of us can achieve this goal soon
GLTAH
I’ve been quiet quitting jobs since I left school and discovered magic mushrooms in the 70’s Cash, I’ve wheeled barrows of bricks and concrete, I re-roofed asbestos roof’s but the only time I’ve ever had to work was when I bought shares in AVZ, finally it looks like I don’t have to quiet quit anymore@$2 I’ll be ramping up my quiet quitting at work I reckon, for those that don’t know it’s a thing
& was it just on the news so Google it
Pretty sure JAG has been doing it for a while & maybe even winenut and a few others but I really hope most of us can achieve this goal soon
GLTAH
I've always been at odds with the notion that work is life.@$2 I’ll be ramping up my quiet quitting at work I reckon, for those that don’t know it’s a thing
& was it just on the news so Google it
Pretty sure JAG has been doing it for a while & maybe even winenut and a few others but I really hope most of us can achieve this goal soon
GLTAH
Been quietly quitting for about a year now ever since we're made to hot desk and work from home 2 to 3 days a week because working from home was "such a success" in the pandemic that company decided to permanently roster us with more people than desks.@$2 I’ll be ramping up my quiet quitting at work I reckon, for those that don’t know it’s a thing
& was it just on the news so Google it
Pretty sure JAG has been doing it for a while & maybe even winenut and a few others but I really hope most of us can achieve this goal soon
GLTAH
Mate I’m claiming soooooo much washing this year ffs?![]()
Thanks in advance, I have put your guys name on top of the generous donor’s list, of course tax deductible.
And good luck to all, and hope this nightmare/shenanigans gets sorted soon![]()
If anyone need a nice break it’s you guys in health care.I've always been at odds with the notion that work is life.
Wage slavery in modern society came to my awareness about 10 years ago... the trap most of us are stuck in, in this life.
I think the reality of that trap is so horrid that we instead (and probably inteligently) celebrate careers and working life.
But I know it's a contradiction, if no one worked, we wouldn't have any of the good stuff, no expertise, no services.
Cashy, how about you upgrade from quiet quitting to completely quitting?
I did in Feb, and I just fucking love it!
I think I recall you saying you got in at a pretty good price.
I'm going to be optimistic here and assume we get our of suspension and continue upwards trajectory on the SP and I don't have to go back to bloody work again, lol.
I was in health care, and man... working through covid, infected clients, staff, and wearing full PPE during outbreaks...
I truely can not comprehend how those in hospitals worked permenantly in all that, through summer too!
But it made me acutely aware of how trapped I was....
but...
I had AVZ shares, a fair bit of them too, and very cheap. I held onto that hope and kept adding to my position $2000 at a time.
That's what AVZ is all about my dudes.
Freedom! Real freedom.
You have a fair few years on me Money however I also have ended up seeing Simba in the frangapani trees by the pool in Bali let’s sayI’ve been quiet quitting jobs since I left school and discovered magic mushrooms in the 70’s Cash, I’ve wheeled barrows of bricks and concrete, I re-roofed asbestos roof’s but the only time I’ve ever had to work was when I bought shares in AVZ, finally it looks like I don’t have to quiet quit anymore
Hey Azzler, your post was a real inspiration for me.I've always been at odds with the notion that work is life.
Wage slavery in modern society came to my awareness about 10 years ago... the trap most of us are stuck in, in this life.
I think the reality of that trap is so horrid that we instead (and probably inteligently) celebrate careers and working life.
But I know it's a contradiction, if no one worked, we wouldn't have any of the good stuff, no expertise, no services.
Cashy, how about you upgrade from quiet quitting to completely quitting?
I did in Feb, and I just fucking love it!
I think I recall you saying you got in at a pretty good price.
I'm going to be optimistic here and assume we get our of suspension and continue upwards trajectory on the SP and I don't have to go back to bloody work again, lol.
I was in health care, and man... working through covid, infected clients, staff, and wearing full PPE during outbreaks...
I truely can not comprehend how those in hospitals worked permenantly in all that, through summer too!
But it made me acutely aware of how trapped I was....
but...
I had AVZ shares, a fair bit of them too, and very cheap. I held onto that hope and kept adding to my position $2000 at a time.
That's what AVZ is all about my dudes.
Freedom! Real freedom.
So which one of you guys is anush ?Hey Azzler, your post was a real inspiration for me.
I too work in health care and have spent the past 12 years looking after people during the worst day or night of their lives.
I believe that I have gone over and above for each and every patient during this time but slowly but surely have become worn down by the demands of people and the system.
Around the middle of last year fate had my path collide with a certain ‘Earle of Barrow’ and thanks to his generosity of spirit
(..or pity at seeing another nearly broken ambo!) I began my investing journey as a way to become unshackled from debt and switch to part time within five years.
AVZ have truly been one heck of a journey thus far but I’m in for the long haul.
Your post just gave me the boost that I needed to keep believing in my near term developer/ producers.
Right, now I’m off to accumulate some more IXR!
Thanks again Azzler (and Earle).
BTW: Dazmac, how are you travelling post COVID
Completely read over this part. Great article mate!Re our transport solutions which state:
“A due diligence study for the transport route options was conducted by the Australian based railway consultancy Infraology Pty Ltd (Infraology).
Four potential concentrate product transport routes were identified during the study. The Feasibility Study concluded to use two of these transport routes from Manono.
The first is to Dar es Salaam in Tanzania through Zambia, using the Tanzania and Zambia Railway Authority (TAZARA) rail. The TAZARA rail is equally owned by the United Republic of Tanzania and the Republic of Zambia. The TAZARA railway will require upgrade and maintenance to reduce the frequency of derailments. The route includes 340 km of unsealed road to the DRC State owned SNCC rail allocated at Kabondo Dianda. From Kabondo Dianda there is 772 km of rail to Ndola (in Zambia) and then 165 km of rail to Kapiri Mposhi on the Zambian Railways Limited (ZRL) rail which is wholly owned by the Republic of Zambia. From Kapiri Mposhi to Dar es Salaam is 1,860 km on the TAZARA rail. The route has two border crossings between the DRC, Zambia, and Tanzania. Figure 5 shows the proposed transport route in red.”
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The good news is in a recent article (9 August 2022) we see that the TAZARA Railway will get the needed upgrade:
![]()
Tanzania and Zambia agree to upgrade Tazara railway
Tanzania and Zambia have agreed to upgrade the Tazara railway that connects the two countries as part of measures to improve bilateral ties.www.railjournal.com
August 9, 2022
Written by Simon Artymiuk
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Tanzania's president says the Tazara railway in its current 1067mm gauge form is not delivering what is expected of it, hence the plan reached with Zambia to upgrade it to standard gauge.
Photo Credit: Richard Stupart/Wikipedia Commons
TANZANIA and Zambia have agreed to upgrade the Tazara railway that connects the two countries as part of measures to improve bilateral ties.
The 1160km cross-border railway linking Kapiri-Mposhi in Zambia with the port of Dar es Salaam in Tanzania will now be upgraded to standard gauge through a partnership with the private sector and development partners.
Tanzania’s president, Ms Samia Suluhu Hassan, says the 1067mm gauge, single-track Tazara line does not deliver what is expected of it and an upgrade is needed to open up new business opportunities along the route.
“In today’s world, railway is standard gauge,” says Hassan. “So through a Public-Private Partnership (PPP) we have agreed to come up with a project to improve the Tazara railway to that level.”
Tanzania is also constructing a 1219km standard-gauge line from Dar es Salaam to the city of Mwanza on the southern shores of Lake Victoria.
Known as the Tanzania Standard Gauge Railway, the system is being designed to link Tanzania with Rwanda and Uganda, and continuing to Burundi and the Democratic Republic of Congo. The work is included in the East African Railway Master Plan aimed at rejuvenating the region’s railways and increasing efficiency and speed while lowering transport of freight costs and furthering economic development. The railway will use electric power and transport of goods to Uganda from Mwanza will be by lake ferries.
As of April 2022, the 300km Phase 1 from Dar es Salaam to Morogoro had been completed while work on the 426km Phase 2 Morogoro – Makutopora, 294km Phase 3 Lot 1 Makutupora – Tabora, and 341km Phase 5 Isaka - Mwanza sections was in progress. Phase 5 is being built by China Civil Engineering Construction (CCEC) and China Railway Construction Company (CRCC).
In July 2022 Tanzania Railway Corporation (TRC) signed a $US 900.1m contract with Yapi Merkezi for the construction of the 130km Phase 3 Lot 2 Tabora – Isaka section, along with its 35km of branches, the same company having previously won a $US 1.9bn contract for Phase 3 Lot 1.
TRC has also signed a contract with Korean national operator Korail to provide training In rail construction and operations following the line’s opening.
The first locomotives being used for testing of the electrified Phase 1 of the Tanzania SGR are former class 1014 locomotives purchased from Austrian Federal Railways (ÖBB).
Africa, Freight, Infrastructure, Main line, Passenger, Policy, Track
Tags: Electrification, SGR, Standard gauge, Tanzania, Tazara, Zambia