AVZ Discussion 2022
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cruiser51
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China sets world’s first mandatory EV energy limits
Source:EVs&Beyond
China will implement the world’s first mandatory energy consumption limits for electric passenger vehicles on January 1, 2026, establishing binding efficiency standards that could influence global electric vehicle (EV) development.
by EVtalk December 29, 2025
China will implement the world’s first mandatory energy consumption limits for electric passenger vehicles on January 1, 2026, establishing binding efficiency standards that could influence global electric vehicle (EV) development.
The new national standard, formally titled “Limits of Energy Consumption for Electric Vehicles – Part 1: Passenger Cars” (GB 36980.1—2025), replaces previous voluntary guidelines and gives direct legal force over newly produced models, according to China Central Television as cited by IT Home.
The regulation establishes binding electricity consumption thresholds differentiated by vehicle weight and technical characteristics. For pure electric passenger cars with a curb weight of around two tonnes, the new requirement sets a maximum electricity consumption of 15.1 kilowatt-hours per 100 kilometres.
Compared with the previous recommended version, the new mandatory standard tightens energy consumption requirements by approximately 11%. Chinese authorities say the limits were set after assessing current energy consumption of pure electric passenger cars, the potential of energy-saving technologies, cost-control considerations, and performance characteristics of special vehicle categories.
Technical upgrades required for compliance
Once the standard takes effect, manufacturers will be required to carry out technical upgrades on newly produced vehicles to ensure compliance. Authorities state that following technical upgrades, vehicles with the same battery capacity are expected to see an average increase of about 7% in driving range due to reduced energy consumption.The regulation applies specifically to pure electric passenger vehicles and does not cover plug-in hybrid or extended-range models. The efficiency gains reported in official documents are attributed to system-level improvements rather than increases in battery capacity.
The new framework is expected to put significant pressure on automakers to develop solutions to increase drivetrain efficiency, reduce aerodynamic drag, and lower vehicle weight, since rolling resistance is directly proportional to vehicle mass.
Purchase tax exemptions linked to efficiency
Chinese authorities, including the Ministry of Industry and Information Technology, the Ministry of Finance, and the State Taxation Administration, have issued updated technical requirements linking the new energy consumption standard directly to financial incentives.Pure electric passenger cars must meet the new mandatory energy consumption limits to remain eligible for purchase tax exemptions in 2026 and 2027, aligning fiscal policy with regulatory efficiency targets.
Vehicles already listed in the purchase tax exemption catalogue by the end of 2025 that comply with the updated requirements will transition into the 2026 catalogue, while non-compliant models may be removed.
For major Chinese automakers such as BYD and Geely, the new regulation formalises efficiency thresholds that many of their newer pure electric passenger models already meet. Compliant vehicles can continue production with minimal changes, while non-compliant models may require technical upgrades or be removed from production and purchase tax exemption eligibility.
New Zealand market implications
The mandatory standard could have implications for the New Zealand market, where Chinese EV brands including BYD, MG, and Leapmotor have established significant presence. Models destined for export markets may benefit from the efficiency improvements driven by China’s domestic requirements.The regulation primarily affects two-tonne-class vehicles and other heavier models, prompting automakers to prioritise energy efficiency improvements across platforms and trim levels to remain competitive under the new regulatory and fiscal framework.
Chinese authorities say the policy is important for the country’s energy planning, as more efficient EVs consume less energy and require fewer energy sources to cover EV consumption nationwide.
Source: https://evsandbeyond.co.nz/china-sets-worlds-first-mandatory-ev-energy-limits/
Mcconnellmary
Emerged
Just to wish all long suffering AVZ shareholders a very happy and healthy New Year. Let’s all hope this is the last one we get to share together. No harm to you all but I want this over with.
Happy New Year!
I meant to wish you lot well quite a few hours ago but have been preocupied rewatching the Harry Potter movies today with one of very few remaining family. So to quote some felicitous advice from Dumbledore:
"It does not do to dwell on dreams and forget to live, remember that."
In 2026 I hope you all find something else meaningful to do, but still drop by here occasionally to say hello and share a joke or some news. Sooner or later closure will be ours. In the meantime make the most of each day.
I meant to wish you lot well quite a few hours ago but have been preocupied rewatching the Harry Potter movies today with one of very few remaining family. So to quote some felicitous advice from Dumbledore:
"It does not do to dwell on dreams and forget to live, remember that."
In 2026 I hope you all find something else meaningful to do, but still drop by here occasionally to say hello and share a joke or some news. Sooner or later closure will be ours. In the meantime make the most of each day.
Dave Evans
Regular
@Remark here’s some info if you want to share with anyone who is proactive on X.
Looks like Vominiere have a little explaining to do regarding the Mpiana Mwanga power plant as well as funding and debt. And if anyone is following Monga on X, he gets a mention too
On the 23 December 2025, the members of Cominiere held a BOD meeting.
met on November 14, 2025 in Kinshasa, under the chairmanship of Mrs. Lisette Kabanga Tshibwabwa. This working session brought together the members of the Council as well as several guests, including the Directors, the Auditors and the Censor of the Ministry of the Portfolio.
An agenda focused on major issues. The directors reviewed and approved the minutes of the meeting of June 06, 2025, before evaluating the recommendations made on that occasion.
The exchanges then focused on the evolution of the MITWABA project, the litigation relating to the granting of the energy exploitation and marketing certificate to MPIANA-MWANGA Power, as well as on the presentation of the real estate project of the new city of MAKOMENO in Manono.
The Council also took stock of the credit application with Equity BCDC, evaluated the collaboration with Manono Lithium, analyzed mission reports in China and the United States, before addressing the various issues.
Crédit Equity BCDC: a worrying financial situation. Regarding the financing requested from Equity BCDC, the Council identified significant difficulties related to the guarantee provided by Manono Lithium. An alternative financing proposal, conditioned on Chinese subcontracting, was mentioned, without however, a consensus between the partners.
Faced with this critical situation, it was decided to invite the managers of Zijin Group as soon as possible, in order to find a sustainable solution to the company's cash flow.
MITWABA project: towards a structured financial arrangement. The Council noted NECO's support for the MITWABA project, while stressing the need for substantial investment. It was recommended to develop a detailed business plan, intended to be submitted to the CNSS for possible financing.
Energy litigation and protection of interests of COMINIERE. Regarding the dispute between COMINIERE SA and MPIANA-MWANGA Power, the directors opted for the creation of a subsidiary dedicated to energy.
They also took note of the parallel steps taken by Zijin Group, while insisting on the obligation to protect the interests of the company. To this end, the preparation of an amendment to the KATAMBA contract was recommended.
MAKOMENO real estate project: structuring in progress. The Council has taken note of the memorandum of understanding signed with IDAL PROJECT SARL for the construction of the new city of MAKOMENO. The search for financing, the monitoring of the procurement procedure and the upcoming presentation of the business plan to the Council are among the priorities chosen.
International openness and strategic partnerships. The mission reports highlighted the participation of COMINIERE SA in the China Expo, marked by visits to mining sites and meetings with Zijin Group. The mission to the United States allowed participation in the DRC-USA Forum, a visit to Tesla factories and a strategic meeting with Kobold Metals.
Administrative decisions and closure
Among the various points, the Council mentioned the steps taken with the Minister of Finance for the payment of a debt, the follow-up of the surface rights file and the causes of the precariousness of the treasury. A special mandate was granted to Mr. Alain Monga for the completion of notarial formalities.
The session, which opened at 11:35 a.m., ended at 4:00 p.m. The minutes were duly signed by all the directors, thus marking the desire of COMINIERE SA to strengthen its governance and accelerate the implementation of its strategic projects.
Eric mpungwe
cominiere.com
Looks like Vominiere have a little explaining to do regarding the Mpiana Mwanga power plant as well as funding and debt. And if anyone is following Monga on X, he gets a mention too
On the 23 December 2025, the members of Cominiere held a BOD meeting.
COMINIERE SA: The Board of Directors takes stock of strategic projects and the financial situation The Board of Directors of COMINIERE SA
December 23, 2025/0 Comments/in News/byCOMINIERE
met on November 14, 2025 in Kinshasa, under the chairmanship of Mrs. Lisette Kabanga Tshibwabwa. This working session brought together the members of the Council as well as several guests, including the Directors, the Auditors and the Censor of the Ministry of the Portfolio.
An agenda focused on major issues. The directors reviewed and approved the minutes of the meeting of June 06, 2025, before evaluating the recommendations made on that occasion.
The exchanges then focused on the evolution of the MITWABA project, the litigation relating to the granting of the energy exploitation and marketing certificate to MPIANA-MWANGA Power, as well as on the presentation of the real estate project of the new city of MAKOMENO in Manono.
The Council also took stock of the credit application with Equity BCDC, evaluated the collaboration with Manono Lithium, analyzed mission reports in China and the United States, before addressing the various issues.
Crédit Equity BCDC: a worrying financial situation. Regarding the financing requested from Equity BCDC, the Council identified significant difficulties related to the guarantee provided by Manono Lithium. An alternative financing proposal, conditioned on Chinese subcontracting, was mentioned, without however, a consensus between the partners.
Faced with this critical situation, it was decided to invite the managers of Zijin Group as soon as possible, in order to find a sustainable solution to the company's cash flow.
MITWABA project: towards a structured financial arrangement. The Council noted NECO's support for the MITWABA project, while stressing the need for substantial investment. It was recommended to develop a detailed business plan, intended to be submitted to the CNSS for possible financing.
Energy litigation and protection of interests of COMINIERE. Regarding the dispute between COMINIERE SA and MPIANA-MWANGA Power, the directors opted for the creation of a subsidiary dedicated to energy.
They also took note of the parallel steps taken by Zijin Group, while insisting on the obligation to protect the interests of the company. To this end, the preparation of an amendment to the KATAMBA contract was recommended.
MAKOMENO real estate project: structuring in progress. The Council has taken note of the memorandum of understanding signed with IDAL PROJECT SARL for the construction of the new city of MAKOMENO. The search for financing, the monitoring of the procurement procedure and the upcoming presentation of the business plan to the Council are among the priorities chosen.
International openness and strategic partnerships. The mission reports highlighted the participation of COMINIERE SA in the China Expo, marked by visits to mining sites and meetings with Zijin Group. The mission to the United States allowed participation in the DRC-USA Forum, a visit to Tesla factories and a strategic meeting with Kobold Metals.
Administrative decisions and closure
Among the various points, the Council mentioned the steps taken with the Minister of Finance for the payment of a debt, the follow-up of the surface rights file and the causes of the precariousness of the treasury. A special mandate was granted to Mr. Alain Monga for the completion of notarial formalities.
The session, which opened at 11:35 a.m., ended at 4:00 p.m. The minutes were duly signed by all the directors, thus marking the desire of COMINIERE SA to strengthen its governance and accelerate the implementation of its strategic projects.
Eric mpungwe
COMINIERE SA : Le Conseil d’Administration fait le point sur les projets stratégiques et la situation financière Le Conseil d’Administration de la COMINIERE SA - COMINIERE SA
s’est réuni le 14 novembre 2025 à Kinshasa, sous la présidence de Madame Lisette Kabanga Tshibwabwa. Cette séance de travail a rassemblé les membres du Conseil ainsi que plusieurs invités, notamment les Directeurs, les Commissaires aux comptes et la Censeure du Ministère du Portefeuille. Un...
Last edited:
Dave Evans
Regular
@Remark here’s some info if you want to share with anyone who is proactive on X.
Looks like Vominiere have a little explaining to do regarding the Mpiana Mwanga power plant as well as funding and debt. And if anyone is following Monga’s usual lies, he gets a mention too
On the 23 December 2025, the members of Cominiere held a BOD meeting.
COMINIERE SA: The Board of Directors takes stock of strategic projects and the financial situation The Board of Directors of COMINIERE SA
December 23, 2025/0 Comments/in News/byCOMINIERE
met on November 14, 2025 in Kinshasa, under the chairmanship of Mrs. Lisette Kabanga Tshibwabwa. This working session brought together the members of the Council as well as several guests, including the Directors, the Auditors and the Censor of the Ministry of the Portfolio.
An agenda focused on major issues. The directors reviewed and approved the minutes of the meeting of June 06, 2025, before evaluating the recommendations made on that occasion.
The exchanges then focused on the evolution of the MITWABA project, the litigation relating to the granting of the energy exploitation and marketing certificate to MPIANA-MWANGA Power, as well as on the presentation of the real estate project of the new city of MAKOMENO in Manono.
The Council also took stock of the credit application with Equity BCDC, evaluated the collaboration with Manono Lithium, analyzed mission reports in China and the United States, before addressing the various issues.
Crédit Equity BCDC: a worrying financial situation. Regarding the financing requested from Equity BCDC, the Council identified significant difficulties related to the guarantee provided by Manono Lithium. An alternative financing proposal, conditioned on Chinese subcontracting, was mentioned, without however, a consensus between the partners.
Faced with this critical situation, it was decided to invite the managers of Zijin Group as soon as possible, in order to find a sustainable solution to the company's cash flow.
MITWABA project: towards a structured financial arrangement. The Council noted NECO's support for the MITWABA project, while stressing the need for substantial investment. It was recommended to develop a detailed business plan, intended to be submitted to the CNSS for possible financing.
Energy litigation and protection of interests of COMINIERE. Regarding the dispute between COMINIERE SA and MPIANA-MWANGA Power, the directors opted for the creation of a subsidiary dedicated to energy.
They also took note of the parallel steps taken by Zijin Group, while insisting on the obligation to protect the interests of the company. To this end, the preparation of an amendment to the KATAMBA contract was recommended.
MAKOMENO real estate project: structuring in progress. The Council has taken note of the memorandum of understanding signed with IDAL PROJECT SARL for the construction of the new city of MAKOMENO. The search for financing, the monitoring of the procurement procedure and the upcoming presentation of the business plan to the Council are among the priorities chosen.
International openness and strategic partnerships. The mission reports highlighted the participation of COMINIERE SA in the China Expo, marked by visits to mining sites and meetings with Zijin Group. The mission to the United States allowed participation in the DRC-USA Forum, a visit to Tesla factories and a strategic meeting with Kobold Metals.
Administrative decisions and closure
Among the various points, the Council mentioned the steps taken with the Minister of Finance for the payment of a debt, the follow-up of the surface rights file and the causes of the precariousness of the treasury. A special mandate was granted to Mr. Alain Monga for the completion of notarial formalities.
The session, which opened at 11:35 a.m., ended at 4:00 p.m. The minutes were duly signed by all the directors, thus marking the desire of COMINIERE SA to strengthen its governance and accelerate the implementation of its strategic projects.
Eric mpungwe
COMINIERE SA : Le Conseil d’Administration fait le point sur les projets stratégiques et la situation financière Le Conseil d’Administration de la COMINIERE SA - COMINIERE SA
s’est réuni le 14 novembre 2025 à Kinshasa, sous la présidence de Madame Lisette Kabanga Tshibwabwa. Cette séance de travail a rassemblé les membres du Conseil ainsi que plusieurs invités, notamment les Directeurs, les Commissaires aux comptes et la Censeure du Ministère du Portefeuille. Un...
cominiere.com
A few links to the Mpiana Mwanga power plant, Vominiere’s corruption and reports of Zijin and Manono Lithium’s ongoing violations
Mpiana Mwanga Hydro Electric Power Plant
01/06/2023 Mpiana Mwanga Hydro Electric Power Plant (HEPP) AVZ has through its 100% owned DRC based legal entity, AVZ Power SAU (AVZP), successfully negotiated and signed an MOU with the DRC government. This MOU now grants AVZP the right to begin full studies into the redundant and abandoned...
thestockexchange.com.au
Cominiere’s Corruption
Cominiere’s Corruption Investors, mining companies, battery maker’s and EV manufacturer’s around the world know the story of AVZ Minerals and how DRC state miner Cominiere seized the Manono lithium project from Dathcom and sold it to Chinese Zijin Mining Follow the links below to see 1. The...
thestockexchange.com.au
Africa Intelligence
Read the report on Lisette Kabanga Tshibwabwa from Africa Intelligence Attachments 1691890971479.jpeg 293.3 KB · Views: 199 https://www.africaintelligence.com/central-africa/2022/12/13/senior-presidency-official-facilitated-controversial-cominiere-share-sale,109873428-gra
thestockexchange.com.au
Reports On Zijin Mining’s Violations
Read multiple reports on Zijin Mining’s violations Non fiction journalists reports on Zijin Mining 👇 Zijin’s poisoned legacy A toxic spill last year blackened the name of Chinese metals giant Zijin Mining. But, in Fujian, its broken promises and environmental failures have a longer history...
thestockexchange.com.au
Manono Lithium Continues To Violate ICC and ICSID Orders In The DRC
17/11/2023 https://announcements.asx.com.au/asxpdf/20231117/pdf/05xgd2s91x97y0.pdf 10/01/2024 Manono: The suspension of Manono Lithium's activities is being debated The Governor of the Province of Tanganyika suspends the career activities of the mining company ManonoLithium for an...
thestockexchange.com.au
Dave Evans
Regular
@Remark here’s some info if you want to share with anyone who is proactive on X.
Looks like Vominiere have a little explaining to do regarding the Mpiana Mwanga power plant as well as funding and debt. And if anyone is following Monga on X, he gets a mention too
On the 23 December 2025, the members of Cominiere held a BOD meeting.
COMINIERE SA: The Board of Directors takes stock of strategic projects and the financial situation The Board of Directors of COMINIERE SA
December 23, 2025/0 Comments/in News/byCOMINIERE
met on November 14, 2025 in Kinshasa, under the chairmanship of Mrs. Lisette Kabanga Tshibwabwa. This working session brought together the members of the Council as well as several guests, including the Directors, the Auditors and the Censor of the Ministry of the Portfolio.
An agenda focused on major issues. The directors reviewed and approved the minutes of the meeting of June 06, 2025, before evaluating the recommendations made on that occasion.
The exchanges then focused on the evolution of the MITWABA project, the litigation relating to the granting of the energy exploitation and marketing certificate to MPIANA-MWANGA Power, as well as on the presentation of the real estate project of the new city of MAKOMENO in Manono.
The Council also took stock of the credit application with Equity BCDC, evaluated the collaboration with Manono Lithium, analyzed mission reports in China and the United States, before addressing the various issues.
Crédit Equity BCDC: a worrying financial situation. Regarding the financing requested from Equity BCDC, the Council identified significant difficulties related to the guarantee provided by Manono Lithium. An alternative financing proposal, conditioned on Chinese subcontracting, was mentioned, without however, a consensus between the partners.
Faced with this critical situation, it was decided to invite the managers of Zijin Group as soon as possible, in order to find a sustainable solution to the company's cash flow.
MITWABA project: towards a structured financial arrangement. The Council noted NECO's support for the MITWABA project, while stressing the need for substantial investment. It was recommended to develop a detailed business plan, intended to be submitted to the CNSS for possible financing.
Energy litigation and protection of interests of COMINIERE. Regarding the dispute between COMINIERE SA and MPIANA-MWANGA Power, the directors opted for the creation of a subsidiary dedicated to energy.
They also took note of the parallel steps taken by Zijin Group, while insisting on the obligation to protect the interests of the company. To this end, the preparation of an amendment to the KATAMBA contract was recommended.
MAKOMENO real estate project: structuring in progress. The Council has taken note of the memorandum of understanding signed with IDAL PROJECT SARL for the construction of the new city of MAKOMENO. The search for financing, the monitoring of the procurement procedure and the upcoming presentation of the business plan to the Council are among the priorities chosen.
International openness and strategic partnerships. The mission reports highlighted the participation of COMINIERE SA in the China Expo, marked by visits to mining sites and meetings with Zijin Group. The mission to the United States allowed participation in the DRC-USA Forum, a visit to Tesla factories and a strategic meeting with Kobold Metals.
Administrative decisions and closure
Among the various points, the Council mentioned the steps taken with the Minister of Finance for the payment of a debt, the follow-up of the surface rights file and the causes of the precariousness of the treasury. A special mandate was granted to Mr. Alain Monga for the completion of notarial formalities.
The session, which opened at 11:35 a.m., ended at 4:00 p.m. The minutes were duly signed by all the directors, thus marking the desire of COMINIERE SA to strengthen its governance and accelerate the implementation of its strategic projects.
Eric mpungwe
COMINIERE SA : Le Conseil d’Administration fait le point sur les projets stratégiques et la situation financière Le Conseil d’Administration de la COMINIERE SA - COMINIERE SA
s’est réuni le 14 novembre 2025 à Kinshasa, sous la présidence de Madame Lisette Kabanga Tshibwabwa. Cette séance de travail a rassemblé les membres du Conseil ainsi que plusieurs invités, notamment les Directeurs, les Commissaires aux comptes et la Censeure du Ministère du Portefeuille. Un...
cominiere.com
“Crédit Equity BCDC: a worrying financial situation. Regarding the financing requested from Equity BCDC, the Council identified significant difficulties related to the guarantee provided by Manono Lithium. An alternative financing proposal, conditioned on Chinese subcontracting, was mentioned, without however, a consensus between the partners”
“Faced with this critical situation, it was decided to invite the managers of Zijin Group as soon as possible, in order to find a sustainable solution to the company's cash flow”
Remember the DRC Inspector General of Finance releasing the report on Vominiere selling 15% of Dathcom to Zijin and how all the money disappeared
Remember Zijin releasing the audio of the sale between it and Vominiere
x.com
x.com
Remember Zijin threatening Vominiere
STATE
Last edited:
Dave Evans
Regular
“Crédit Equity BCDC: a worrying financial situation. Regarding the financing requested from Equity BCDC, the Council identified significant difficulties related to the guarantee provided by Manono Lithium. An alternative financing proposal, conditioned on Chinese subcontracting, was mentioned, without however, a consensus between the partners”
“Faced with this critical situation, it was decided to invite the managers of Zijin Group as soon as possible, in order to find a sustainable solution to the company's cash flow”
Remember the DRC Inspector General of Finance releasing the report on Vominiere selling 15% of Dathcom to Zijin and how all the money disappeared
Remember Zijin releasing the audio of the sale between it and Vominiere
x.com
Remember Zijin threatening Vominiere
STATE
BCDC Bank, now known as Equity BCDC, does not have direct ownership links to China. It is majority-owned by the Kenyan financial institution, Equity Group Holdings.
Ownership Structure
- Majority Owner: Equity Group Holdings, a major Kenyan financial services group, acquired a 66.53% stake in BCDC in 2020 and subsequently merged it with its existing subsidiary, Equity Bank Congo.
- Other Major Shareholders: The International Finance Corporation (IFC), the private sector lending arm of the World Bank Group, is a co-shareholder in the merged entity.
- Former Ownership: Previously, BCDC was majority-owned by the Belgian entrepreneur George Arthur Forrest and his family, with a minority stake held by the government of the Democratic Republic of Congo (DRC).
Links to China
While BCDC Bank itself is not Chinese-owned, there are some indirect or general connections within the broader financial ecosystem in the Democratic Republic of Congo:
- Payment Systems: Equity BCDC offers a China Union Pay USD card, allowing for transactions at UnionPay terminals and online payments.
- Industry Context: The banking sector in the DRC, including Equity BCDC, serves a market where Chinese companies operate, particularly in the mining industry.
- Chinese CBDC: The People's Bank of China (PBoC) is involved in an international cross-border digital currency project (mBridge) with several countries, including the UAE and Hong Kong, which some reports have incorrectly linked to BCDC's operational region. These are high-level central bank initiatives and not direct commercial bank ownership links.
Cumquat Cap
Regular
Fantastic to read that cominiere are having severe cash flow issues and litigation up to their eye balls. Great research as always Dave.
Hope they’re in for a Rude shock in 2026 and Manono is soon listed as a sar project by the USA. Been a long few years let’s hope we can bring it home finally
Hope they’re in for a Rude shock in 2026 and Manono is soon listed as a sar project by the USA. Been a long few years let’s hope we can bring it home finally
Dave Evans
Regular
A link to this was just posted on HC:
Solicitor | DLA Piper Careers
careers.dlapiper.com
View attachment 93980
I know just the right bloke for the job
Hodlandwin69
Regular
Did someone quit.......?A link to this was just posted on HC:
Solicitor | DLA Piper Careers
View attachment 93980
Carlos Danger
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