Breaking news .... https://www.news.com.au/technology/motoring/us-blacklists-chinese-battery-giant-catl-for-china-military-links/news-story/8cbec9432147d7c35ce1c04efb36458
https://www.theaustralian.com.au/sp...business-has-been-looking-for/?obOrigUrl=true
https://www.theaustralian.com.au/sp...business-has-been-looking-for/?obOrigUrl=true
What is Zijin going to do with all that lithium, if CATL is being told to go and fuck themself?"the success of this project could serve as a model for other similar initiatives in Africa."
The model being to:
let western companies do all the work and then sell the project out from under them to the Chinese?
Or
Let the western companies do all the work and then force them to go through years of international arbitration to justify getting to retain their rights?
Neither of these seem like particularly good models for developing Africa.....
Another thought -
Many here have speculated that if Zijin wants the rescouce so bad they should just make an offer and buy it out from AVZ.
Is there anything that would stop them from doing that AFTER the award of damages? What i wonder is, are they happily going through the process with the intent of either 1. AVZ folds, or 2. The total damages award is used to put a ceiling price in what they would pay for AVZ.
Ie:
all cases go in our favour, we get awarded $X billion in damages, and THEN zijin comes along and says "ok you can continue fighting to get at MOST this $XB and it will take you years of more drama to get it all, - OR - we will buy your whole company now for 50% of $XB?
US telling CATL to go fk themselves.What is Zijin going to do with all that lithium, if CATL is being told to go and fuck themself?
More to the facts, What will AVZ do....... no CATL no Mining License...imoWhat is Zijin going to do with all that lithium, if CATL is being told to go and fuck themself?
Don't forget EU is closer to US than it is to China, on top of that they have a car industry not only in Germany, but entire Europe to defend and would be happy to give China the middle finger.US telling CATL to go fk themselves.
Not sure what impact that will have on the rest of the world. CATL/China will still have plenty of fun though decimating Europe's vehicle production capacity.
Elon takes Lithium batteries from CATL for Tesla (I think)US telling CATL to go fk themselves.
Not sure what impact that will have on the rest of the world. CATL/China will still have plenty of fun though decimating Europe's vehicle production capacity.
If you want to buy something you need money.Elon takes Lithium batteries from CATL for Tesla (I think)
The ban I think is related to Lithium that CATL sells in relation to military applications (I think)
Actually I don't know but thought I read something
Elon is the defacto Pres of the US and the global fucking spokesperson for everything Domestic, International or in anyway related
Trump won't let Elon go without batteries if Tesla needs them......where-ever they come from
I'm sure CATL is happy to sell excess Lithium or batteries to fucking Putin if need be
What a fucked up world....
Relax Roon, i can confirm that all arbitration fees have been paid.I can't see any further steps being undertaken in the ICSID process until the payments are made. I thought they were meant to have been done by now, but the ICSID site still suggests otherwise. Pile the pressure on and pay it Nigel! As long as we have access to the required funds it should've been paid, according to his statements made at the AGM. Perhaps it's already happened and the site just hasn't been updated, however it's previously seemed to be updated basically immediately upon developments.
Thanks BeishRelax Roon, i can confirm that all arbitration fees have been paid.
I can also confirm that a announcement is forth coming ......' imminently ", which is not necessarily related to the above.
View attachment 75481
Looks like @BEISHA has gone all @geo_au on usRelax Roon, i can confirm that all arbitration fees have been paid.
I can also confirm that a announcement is forth coming ......' imminently ", which is not necessarily related to the above.
View attachment 75481
Ours and theirs big fella???Relax Roon, i can confirm that all arbitration fees have been paid.
I can also confirm that a announcement is forth coming ......' imminently ", which is not necessarily related to the above.
View attachment 75481
Xi and Putin are fucking communist autocrats (oh actually dictators more correctly) with a larger world agendaIf you want to buy something you need money.
How much money does Russia have at this very moment, do you think CATL will be happy with rubles, or will Russia pay with natural gas?
Way to go, sell lithium batteries for natural gas.
Don't forget China can make the best vodka, they don't need Russia for that.
u just fucked with my headElon takes Lithium batteries from CATL for Tesla (I think)
The ban I think is related to Lithium that CATL sells in relation to military applications (I think)
Actually I don't know but thought I read something
Elon is the defacto Pres of the US and the global fucking spokesperson for everything Domestic, International or in anyway related
Trump won't let Elon go without batteries if Tesla needs them......where-ever they come from
I'm sure CATL is happy to sell excess Lithium or batteries to fucking Putin if need be
What a fucked up world....
Sorry bud...Yo
u just fucked with my head
30.5% . That's like valued us at half of the mcap on last trading???