AVZ Discussion 2022
- Thread starter GazDix
- Start date
Normal , Normal count me out mate I tried it once and it got me in more trouble than you can imagine
Xerof
Flaming 1967
Who is behind Lissette? I hear Felix is a bit of a back door man, so I’m guessing he’s da man
An image that could scar you for life.
DiscoDanNZ
Regular
Still don't have an angry react either
TheCount
Regular
RIP John25.
Frank
Top 20
* I see where those Conniving Cunning Cunts ( CCC ) who need to be named and shamed made plenty in profits in 2024 the Arseholes !!!
More than enough to corrupt any Politician in all of Africa, especilly those in the DRC ( Democratic Republic of Corruption )
Net income for 2024 rose 52% to 32 billion yuan ($4.4 billion), the company said in a preliminary results statement on Tuesday.
Zijin’s market capitalization is now roughly on par with Glencore after it ramped up copper output and enjoyed record-high gold prices last year.
But there are signs of a slowdown in the immediate pace of expansion, with Zijin lowering its output target for copper by about 6% to 1.15 million tons.
The foray into lithium has also faltered: it produced very small volumes last year and slashed its production goal for 2025 by around 60% to 40,000 tons.
“The company has strategically reduced production targets given the sluggish earnings outlook in the near-term,” Bloomberg Intelligence analysts Michelle Leung and Grant Sporre said in a note.
But it’s still on track to reach its five-year targets by 2028, they said, and could deliver compound annual earnings growth of 30% from 2023 to 2025.
Zijin’s shares fell 1.5% in Hong Kong.
Zijin has grown aggressively in the past decade, becoming a major global copper supplier by building out big new projects in the Democratic Republic of Congo and in China.
Like rival miner Rio Tinto Group, it has made lithium a key pillar of its future ambitions, aiming to become one of the world’s biggest producers.
The lithium push has been stymied by a torrid market, and last year it postponed two new projects in Argentina and western China.
A near-90% slump in prices of the battery metal from 2022 has forced swathes of companies worldwide to rein in their expansion plans or cut output.
While some analysts forecast a smaller global surplus of lithium this year, the ongoing rout has hurt margins for miners, hammered listed producers and fueled a spurt of dealmaking.
Last week, Zijin announced plans to buy a stake in a domestic lithium and potash miner, Zangge Mining Co., for $1.9 billion.
x.com
x.com
More than enough to corrupt any Politician in all of Africa, especilly those in the DRC ( Democratic Republic of Corruption )
Zijin vies with Glencore after record year for profits
Zijin Mining Group racked up record annual profit after a growth burst that made the Chinese firm as big as global commodities giant Glencore Plc., although it has softened its output targets for this year.
Net income for 2024 rose 52% to 32 billion yuan ($4.4 billion), the company said in a preliminary results statement on Tuesday.
Zijin’s market capitalization is now roughly on par with Glencore after it ramped up copper output and enjoyed record-high gold prices last year.
But there are signs of a slowdown in the immediate pace of expansion, with Zijin lowering its output target for copper by about 6% to 1.15 million tons.
The foray into lithium has also faltered: it produced very small volumes last year and slashed its production goal for 2025 by around 60% to 40,000 tons.
“The company has strategically reduced production targets given the sluggish earnings outlook in the near-term,” Bloomberg Intelligence analysts Michelle Leung and Grant Sporre said in a note.
But it’s still on track to reach its five-year targets by 2028, they said, and could deliver compound annual earnings growth of 30% from 2023 to 2025.
Zijin’s shares fell 1.5% in Hong Kong.
Zijin has grown aggressively in the past decade, becoming a major global copper supplier by building out big new projects in the Democratic Republic of Congo and in China.
Like rival miner Rio Tinto Group, it has made lithium a key pillar of its future ambitions, aiming to become one of the world’s biggest producers.
The lithium push has been stymied by a torrid market, and last year it postponed two new projects in Argentina and western China.
A near-90% slump in prices of the battery metal from 2022 has forced swathes of companies worldwide to rein in their expansion plans or cut output.
While some analysts forecast a smaller global surplus of lithium this year, the ongoing rout has hurt margins for miners, hammered listed producers and fueled a spurt of dealmaking.
Last week, Zijin announced plans to buy a stake in a domestic lithium and potash miner, Zangge Mining Co., for $1.9 billion.
x.com
x.com
x.com
x.com
Last edited:
Winenut
GO AVZ!!!!
Tick tock
I know nothing.
Might as well add to the conjecture and speculation...
www.mining.com
I know nothing.
Might as well add to the conjecture and speculation...
Saudi Arabia weighs global mining deals as sector consolidates
Deals have been on Saudi Arabia’s radar for a while as it pushes through with an ambitious economic transformation plan.
www.mining.com
Spikerama
Regular
Cashy will be proud of me for this.
After cutting my neighbours grass this morning she knocked on my door and said "Thank you love, I could marry you!" I couldn't help think to myself 'Gee... the world has really gone to shit when you do something nice for someone and they threaten to fuck your life up beyond belief forever after.'
After cutting my neighbours grass this morning she knocked on my door and said "Thank you love, I could marry you!" I couldn't help think to myself 'Gee... the world has really gone to shit when you do something nice for someone and they threaten to fuck your life up beyond belief forever after.'
Last edited:
Dont make me go over there to see his post Frank….i beg you…View attachment 76616
Don't look now Doc, but Xero has gone to No2 on the Dark Path to Destiny for the day
I just hope it doesn't go to his head if it reaches No1
View attachment 76617
Bray
Regular
CashKing
Regular
Hahahah same, You should hear what some of them say to meThat didn't go where i was expecting it too....
Mute22
Regular
Similar threads
