LOCKY82
Regular
Can't see a whif of it on any news sites...
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Can't see a whif of it on any news sites...
Gotta disagree.
I don't think the DRC government are fools.
They have stayed true to their own totally corrupted selves and will continue to do so.
They are not interested in general DRC wellbeing. They are interested in themselves and to a much lesser extent the clans that give them strength.
Their MO is designed to keep them:
Out of prison
In power.
Continuing to collect large paper bags.
Nothing has changed, nor will it ever.
None of us are party to the goings on but the government has conceded nothing, is still in power and is still collecting all of the other paper bags from that huge country.
I'm quite sure that US military power, or lack thereof, means that they will eventually have to play ball, but remember all of the leverage, known and ' unknown ' that th CCP has to delay and obfuscate in an attempt to wear AVZ and the West down.
They will do what CCP tells them to do until it's no lnger tenable.
OmarsCominYo
Member
Cheers Azzler, I sometimes post as Klaxon on HC but I'm not a big contributor online and any thoughts are just personal ramblings (and have a case history of being very wrong, as my wallet can attest to!).
Very much appreciate all the more regular and far more considerable/informed contributors here over the years and there are still some diamonds amongst the dross on HC too. Was a reader on twitter before the switch to x but gave it away after it all went pear shaped for AVZ as, like others, the emotional toll was pretty high.
Hoping we all have reasons to breathe a collective sigh of relief at some point.
Hopefully not true then - I’m sharing it from Facebook. Someone else posted earlier about not knowing his whereabouts for a while
Carlos Danger
Top 20
Nothing can happen until the tenement (at least the south) is put back in our name as a PR. The DRC refusing to do this is the hold up. Because they actually believe their own crap that it is in Cominiere’s name uNdEr dRc LaW and that KoBold should be negotiating with them instead of AVZ.
If anyone is feeling down today I refer you to the ICC arbiters prima facie view on Cominiere’s claims of them owning the tenement where they stated ‘The Arbitral Tribunal is astonished by the fact that the High Court of Kalemie found that a contract had been terminated without the other parties to the contract being heard or summoned to express their position.’
As a golden rule arbiters should be independent. But this goes beyond a dispute in legal terms and the actions of Cominiere are an attack on the concept of adversarial fairness in law itself. They are going to be made an example of even by the arbiter that they chose imo
If anyone is feeling down today I refer you to the ICC arbiters prima facie view on Cominiere’s claims of them owning the tenement where they stated ‘The Arbitral Tribunal is astonished by the fact that the High Court of Kalemie found that a contract had been terminated without the other parties to the contract being heard or summoned to express their position.’
As a golden rule arbiters should be independent. But this goes beyond a dispute in legal terms and the actions of Cominiere are an attack on the concept of adversarial fairness in law itself. They are going to be made an example of even by the arbiter that they chose imo
LOCKY82
Regular
When we were expecting the ML and the shit hit the fan, I told a south African friend of mine there's a hold up with an investment in africa, his response was "tell me it's not the drc is it? Because corruption is legal there" lesson learned.
I still think a deal with Kobold will go through, the u.s are flexing and want to stick it to China at any opportunity!
I still think a deal with Kobold will go through, the u.s are flexing and want to stick it to China at any opportunity!
BRICK
Where’s Zeebot 😶🌫️
Season 6 plotline set up!
I was thinking he’s prepping to chuck a sickie or playing dead to not go to the signing
Maybe china’s leaned on him hard on that stopover before Washington
cruiser51
Top 20
Hodlandwin69
Regular
So when does the hearing start?
Winenut
GO AVZ!!!!
Last edited:
Le Président Félix Tshisekedi est arrivé à Luanda pour participer au sommet des affaires Usa- Afrique
Le Président de la République Félix Antoine Tshisekedi Tshilombo est arrivé ce lundi matin à Luanda, en Angola, pour participer au 17ème Sommet des affaires États-Unis -Afrique ( 2025, US- Africa Business Summit).
presidence.cd
It looks like to me that Felix is going the US road...lets see
Penskefile
Regular
Yes they do - The Brown Paper Bag Rules
How much is that plane worth? Just for future reference.View attachment 87557Le Président Félix Tshisekedi est arrivé à Luanda pour participer au sommet des affaires Usa- Afrique
Le Président de la République Félix Antoine Tshisekedi Tshilombo est arrivé ce lundi matin à Luanda, en Angola, pour participer au 17ème Sommet des affaires États-Unis -Afrique ( 2025, US- Africa Business Summit).
It looks like to me that Felix is going the US road...lets see
cruiser51
Top 20
Could be a rent-a-plane plane, Felix is more dodgy than his make believe chinese omeca wotches.
I am in Bali atm and don't have the time to read the many posts from today, but from what I have read my thoughts are ...
1. USA is pushing on with facilitation of the DRC/Rwanda peace agreement.
2. Kobold will not deal with the corrupt Cominiere.
3. Kobold will deal with DRC government and AVZ directly.
4. AVZ/DRC should have deferred the ICSID proceedings for 1 month rather than 1 week.
5. Despite the DRC not playing the game wrt ICSID as per AVZ's announcement today, following the peace agreement on 27-Jun, the process will see results that favour AVZ ... albeit over several steps, and the DRC goverment will have to involve AVZ even though it is clear that they despise AVZ.
6. Several people have today been posting ridiculous inflamatory posts on TSE that are really uncalled for and these posts have been despite AVZ specifically requesting posters to not do this.
1. USA is pushing on with facilitation of the DRC/Rwanda peace agreement.
2. Kobold will not deal with the corrupt Cominiere.
3. Kobold will deal with DRC government and AVZ directly.
4. AVZ/DRC should have deferred the ICSID proceedings for 1 month rather than 1 week.
5. Despite the DRC not playing the game wrt ICSID as per AVZ's announcement today, following the peace agreement on 27-Jun, the process will see results that favour AVZ ... albeit over several steps, and the DRC goverment will have to involve AVZ even though it is clear that they despise AVZ.
6. Several people have today been posting ridiculous inflamatory posts on TSE that are really uncalled for and these posts have been despite AVZ specifically requesting posters to not do this.
cruiser51
Top 20
I wish I could share your optimism....
1. AVZ/DRC ICSID deferment was for 1 month rather than 1 week.
2. DRC appointed the ceo of Cominière as one of their advisors for the negotiations of minerals for security deal.
Sorry Jongo, maybe being in Bali could well mean you are slightly disconnected, mate.
However my personal opinion is that the extension of the DRC proceedings was not to please anything else than the USA, in regards of the negotiations and am very happy the DRC choose the path they took, so AVZ can continue with the ICSID procedure and say 'I told you what the DRC is all about'.
Side effect is, if the ICSID arbitration is allowed to run its case, Kobold Metals will know a little more about the true Manono value.
Also the AVZ - Kobold deal is non binding, there could well be Chinese interested parties.
The future is interesting, will the DRC/Kobold try to bleed AVZ to death?
Who knows.....
cruiser51
Top 20
Btw I wish I was in Bali, it is bloody cold in WA and am not and don't wish to be used to this anymore.
I am dreaming about an island in the pacific with a Mac Donalds and a gin distillery.
See new posts: https://x.com/KiengeKki/status/1937214058949648885
KIKI KIENGE
@KiengeKki
Translated by GrokShow original
#Mines_Lithium_RDC June 23, 2025, is the deadline for the suspension of ICSID arbitration. In brief, the international arbitration dispute and $AVZ –
@KoBold_Metals
agreement on the Manono lithium project between AVZ, #COMINIERE, and ZIJIN. 1. Legal victories in March 2025. On March 10, 2025, the International Chamber of Commerce Arbitration Court (ICC) ruled in favor of
@AvzMinerals
. It upheld previous injunctions, ordering the Congolese public company COMINIERE to pay €39.1 million for failing to comply with these injunctions, particularly for splitting and transferring the permit to Manono Lithium SAS (a #Zijin–COMINIERE joint venture). AVZ is now exploring ways to recover this amount.
2. Suspension of arbitration for a negotiated outcome On May 26, 2025, as part of a framework agreement signed with KoBold Metals (backed by Bill Gates & Jeff Bezos), AVZ decided to temporarily suspend its ICSID proceedings against the DRC, hoping for an amicable settlement. This suspension is effective until June 23, 2025.
3. Geopolitical dimension and U.S. stakes The Manono case has gained significant strategic importance: Washington seeks to limit Chinese influence in the critical minerals sector and supports the AVZ–KoBold agreement to secure the southern part (Hard Rock) of the deposit through a takeover by an American entity. AVZ also secured a partial decision with ICSID against the Congolese state to recover the permit and is considering suspending these actions if a robust agreement progresses.
4. Upcoming deadlines June 23, 2025: deadline for the suspension of ICSID arbitration – closely watch to see if an amicable resolution is reached. The framework agreement with KoBold, if finalized, would include: financial compensation for AVZ, acquisition of AVZ’s shares by KoBold, and obtaining a permit for the southern zone of the deposit. In summary AVZ has prevailed legally (€39.1 million in penalties).
The case is moving toward an amicable settlement through the AVZ–KoBold partnership, supported by the United States.
The outcome will clearly depend on the framework agreement’s resolution by the end of June 2025 and Kinshasa’s acceptance of a coordinated deal. AVZ – KoBold Metals Agreement (May 2025) Elements Details Actors AVZ Minerals (Australia) and KoBold Metals (USA, backed by Gates, Bezos, B. Gates Foundation, Breakthrough Energy Ventures, etc.) Objective Partial or full acquisition of AVZ’s interests in the Manono lithium project, particularly the southern part known as “Hard Rock” Purpose Resolve AVZ’s dispute with the DRC, secure a strong technological and financial partner, advance the deposit’s exploitation Terms Payment to AVZ, transfer of its rights to KoBold, negotiation with Kinshasa for the issuance of a new independent mining permit for the southern part Key Condition Suspension of ICSID arbitration until June 23, 2025, to allow for a political and administrative resolution with the Congolese government Stakes: AVZ steps back but remains involved as an intermediary. KoBold offers the geopolitical and financial assurances Kinshasa seeks as an alternative to the Chinese option (Zijin). U.S. Strategy in Critical Minerals Main
Objectives: Reduce dependence on Chinese supply chains, particularly for lithium, cobalt, nickel, and copper. Secure strategic reserves through partnerships with resource-rich countries (such as the DRC, Chile, Australia, etc.). Support American technological champions like KoBold Metals, which combine AI, mining exploration, and long-term capital. Instruments Used: KoBold Metals acts as an “offensive player” backed by tech giants and U.S. investment funds. The U.S. government provides discreet diplomatic support to KoBold in negotiations with Congolese authorities. Support through green financing mechanisms and energy transition initiatives (USAID, DFC, etc.).
In the case of Manono: The northern part of the deposit is controlled by Zijin Mining (China) through Manono Lithium SAS. The southern part, more promising in volume and quality, could be granted to KoBold if the agreement succeeds. The United States aims to break the Chinese monopoly on this iconic project. Manono has thus become a major geopolitical symbol: AVZ yields to greater powers, and the two superpowers (USA vs. China) compete through proxy companies on the same African mining site. Kiki #Kienge
@MinMinesRDC
@kizpaka
@Presidence_RDC
@realDonaldTrump
@US_SrAdvisorAF
@USAmbDRC
Rate this translation:
2:19 AM · Jun 24, 2025
Conversation
KIKI KIENGE
@KiengeKki
Translated by GrokShow original
#Mines_Lithium_RDC June 23, 2025, is the deadline for the suspension of ICSID arbitration. In brief, the international arbitration dispute and $AVZ –
@KoBold_Metals
agreement on the Manono lithium project between AVZ, #COMINIERE, and ZIJIN. 1. Legal victories in March 2025. On March 10, 2025, the International Chamber of Commerce Arbitration Court (ICC) ruled in favor of
@AvzMinerals
. It upheld previous injunctions, ordering the Congolese public company COMINIERE to pay €39.1 million for failing to comply with these injunctions, particularly for splitting and transferring the permit to Manono Lithium SAS (a #Zijin–COMINIERE joint venture). AVZ is now exploring ways to recover this amount.
2. Suspension of arbitration for a negotiated outcome On May 26, 2025, as part of a framework agreement signed with KoBold Metals (backed by Bill Gates & Jeff Bezos), AVZ decided to temporarily suspend its ICSID proceedings against the DRC, hoping for an amicable settlement. This suspension is effective until June 23, 2025.
3. Geopolitical dimension and U.S. stakes The Manono case has gained significant strategic importance: Washington seeks to limit Chinese influence in the critical minerals sector and supports the AVZ–KoBold agreement to secure the southern part (Hard Rock) of the deposit through a takeover by an American entity. AVZ also secured a partial decision with ICSID against the Congolese state to recover the permit and is considering suspending these actions if a robust agreement progresses.
4. Upcoming deadlines June 23, 2025: deadline for the suspension of ICSID arbitration – closely watch to see if an amicable resolution is reached. The framework agreement with KoBold, if finalized, would include: financial compensation for AVZ, acquisition of AVZ’s shares by KoBold, and obtaining a permit for the southern zone of the deposit. In summary AVZ has prevailed legally (€39.1 million in penalties).
The case is moving toward an amicable settlement through the AVZ–KoBold partnership, supported by the United States.
The outcome will clearly depend on the framework agreement’s resolution by the end of June 2025 and Kinshasa’s acceptance of a coordinated deal. AVZ – KoBold Metals Agreement (May 2025) Elements Details Actors AVZ Minerals (Australia) and KoBold Metals (USA, backed by Gates, Bezos, B. Gates Foundation, Breakthrough Energy Ventures, etc.) Objective Partial or full acquisition of AVZ’s interests in the Manono lithium project, particularly the southern part known as “Hard Rock” Purpose Resolve AVZ’s dispute with the DRC, secure a strong technological and financial partner, advance the deposit’s exploitation Terms Payment to AVZ, transfer of its rights to KoBold, negotiation with Kinshasa for the issuance of a new independent mining permit for the southern part Key Condition Suspension of ICSID arbitration until June 23, 2025, to allow for a political and administrative resolution with the Congolese government Stakes: AVZ steps back but remains involved as an intermediary. KoBold offers the geopolitical and financial assurances Kinshasa seeks as an alternative to the Chinese option (Zijin). U.S. Strategy in Critical Minerals Main
Objectives: Reduce dependence on Chinese supply chains, particularly for lithium, cobalt, nickel, and copper. Secure strategic reserves through partnerships with resource-rich countries (such as the DRC, Chile, Australia, etc.). Support American technological champions like KoBold Metals, which combine AI, mining exploration, and long-term capital. Instruments Used: KoBold Metals acts as an “offensive player” backed by tech giants and U.S. investment funds. The U.S. government provides discreet diplomatic support to KoBold in negotiations with Congolese authorities. Support through green financing mechanisms and energy transition initiatives (USAID, DFC, etc.).
In the case of Manono: The northern part of the deposit is controlled by Zijin Mining (China) through Manono Lithium SAS. The southern part, more promising in volume and quality, could be granted to KoBold if the agreement succeeds. The United States aims to break the Chinese monopoly on this iconic project. Manono has thus become a major geopolitical symbol: AVZ yields to greater powers, and the two superpowers (USA vs. China) compete through proxy companies on the same African mining site. Kiki #Kienge
@MinMinesRDC
@kizpaka
@Presidence_RDC
@realDonaldTrump
@US_SrAdvisorAF
@USAmbDRC
Rate this translation:
2:19 AM · Jun 24, 2025
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