The Talga Bar

cosors said:

It's all one big circle.

Nissan’s Top Shareholder Renault Said Open to Honda Talks

https://finance.yahoo.com/news/nissan-biggest-shareholder-renault-said-092448131.html

Renault gives its consent because Nissan is part of the Renault-Nissan alliance. Renault in turn has a 20% stake in Verkor. Whatever.


I recently heard in a general special about state funding of raw material supply that Japan is extremely active in promoting its own raw material supply, much more so than other countries like here for example. Of course, all this is just theory, and Nissan and Honda would prefer to be independent of China and graphite through solid-state batteries. But here is something I didn't know:

View attachment 74429

"At a Glance
Both Japan and the European Union face critical import dependencies in the raw
materials sector. Especially in the field of rare earth elements (REE), the EU is largely
exposed, while Japan has managed to reduce its vulnerability, although it remains
at a critical level. With their combined market size and different politico-economic
approaches, the EU and Japan could complement one other in their efforts to reduce
this exposure.
Therefore, this paper proposes large-scale cooperation between Japan and the EU to
reduce the risk of REE supply. The prerequisite for this cooperation is that the EU
establishes a Critical Raw Materials Agency, which could act as a counterpart to the
Japan Organization for Metals and Energy Security (JOGMEC). Unlike JOGMEC, the
European agency should not be involved in the operational extraction of raw materi-
als, but should focus on the EU’s strengths, which are of a financial nature.

The EU-Japan Critical Raw Materials Alliance should include:

› EU-Japan public-private funds: The EU and Japan should pool their financial
firepower to support targeted diversification projects with purchase guaran-
tees, contracts for difference, and concessionary loans.

› Joint procurement and stockpiling: Japan and the EU could benefit from
cooperation in procurement and stockpiling, thus further stabilising the supply
of critical minerals and mutually supporting one other in the event of an
emergency. For the EU’s multi-level system, this would require the transfer of
necessary competencies to a prospective European Raw Materials Agency.

› Joint environmental and technological initiatives: To provide transparency
on meeting ESG criteria, the Japanese and European governments should work
together to include local stakeholders in the process and to provide an open
framework of communication. In addition, joint innovation programmes should
be launched to accelerate the development of recycling, separation, and
refinement technology for REE.

› Critical Raw Materials Club: If the above-mentioned measures do not suffice
in the event of intensified global trade conflicts, a Critical Raw Materials Club
should be founded by Japan and the EU and ideally joined by as many mem-
bers as possible of the OECD, ASEAN, etc. Trade barriers would be created
vis-à-vis third countries to ensure a level playing field of REE, providing incen-
tives for REE suppliers to extract and process rare earths within the club.

...

4.) Support for Strengthening Supply Chains of Important Minerals Based on the
Economic Security Promotion Act
In January 2023, JOGMEC announced the Policy for Ensuring a Stable Supply of
Critical Minerals and began supporting private companies with diversifying and
strengthening the supply chain of critical minerals and ensuring a stable
supply. For the time being, support will be limited to manganese, nickel, cobalt,
lithium, and graphite, which are raw materials for batteries, and rare earth
metals, and are used for permanent magnets.
..."

https://www.kas.de/documents/d/guest/eu-japan-critical-raw-materials-alliance

Click to expand...

But there's more:

"Honda, Nissan Explore Merger With Foxconn Also in Hunt for Stake​

• Honda merger would help Nissan survive intense competition
• Foxconn interest part of attempt to invest in EV making

Nissan Motor Co. is in talks with fellow Japanese carmaker Honda Motor Co. to merge, in a deal that would help the ailing company survive, while also creating the world’s third-largest automaker with a better chance of withstanding the industry’s challenges.

In a reflection of Nissan’s vulnerability, discussions between the two appear to have accelerated after Hon Hai Precision Industry Co., the Taiwan-based producer of iPhones known as Foxconn, approached Nissan about taking a stake, a person familiar with the matter said. Foxconn has been investing heavily in factories to build EVs." rbPW

Foxconn parent company Hon Hai already holds stakes in Long Time Technology

I've been waiting for Foxconn to come out of hiding with BRN+TLG for quite some time.

____
Talga has a MOU with LTtech

How does merging giant cooperations like that help make them more competitive? If you think how they need to merge different IT infrastructure and different workflows I to one conglomerate... I don't see how this helps in any practical way. But that's just me..

cosors said:

Gladly!
Can you explain to me why the SP does not reflect this three pieces of good news?

Click to expand...

Hi Cosors, the simplistic answer is the news was followed by a CR at 60c. I don't follow NVX closely so there might be more detail but that's my guess. In addition the sector hasn't done well the past few wks.

And thanks for all the great shares!

cosors said:

Gladly!
Can you explain to me why the SP does not reflect this three pieces of good news?

Click to expand...

Tell me about it!! The same applies to our other favourite company

Faaaaar too serious talk here in the bar lately.. let's goof off a bit!

I have a new roulette table installed over there. Red vs. Black. Who is betting on black, meaning we are getting a Christmas present. And who is betting on red, meaning, no more good news before Christmas!?

Personally, I think with PIK being in Japan talking talks, there is a decent chance we get black, maybe around 10% or so. But probably not before next year. How do you place your bet? And remember, good news always comes when you least expect it.

I'll start: I'll place my chips on black in the first quarter of next year.

I'll go along with that.

cosors said:

...
It is an incredible shame that there are no reindeers there and that nobody cries genocide.)

Click to expand...

At least our enemies have to deal with the same rubbish.
In addition, because of this deal, the requirements in this matter have been strengthened. We have all that behind us.
That is the answer:

...go home
P
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t
a
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a
i


"The green crisis
Chinese company considers cancelling record investment in Sweden
Chinese company PTL is considering cancelling its factory project. The company is unable to fulfil the conditions set by the Inspectorate for Strategic Products (ISP).
‘We are very disappointed,’ said Dr Yu Han, PTL's chief representative in Europe.
Published: 19 December 2024

In a press release issued on Thursday afternoon, the company said that PTL was unable to fulfil the requirements.

‘The conditions are not reasonable, neither from a business perspective nor given the short time frame,’ PTL representatives write.

‘Big loss’
- We are very disappointed. It would be a great loss for PTL but also for the Timrå and Sundsvall region and for Sweden if this important investment does not materialise, says Yu Han, PTL's chief representative in Europe.

A new company would be formed in Sweden for the establishment in Torsboda, and ISP sets conditions to regulate the Chinese main company's influence over that company - a condition that PTL does not believe it can fulfil.
Another condition concerns the timetable, which is far too tight, according to PTL.

13 billion investment threatened*
PTL has the opportunity to appeal the decision of the Swedish Inspectorate for Strategic Products, but has not yet taken a position on this.

The establishment in Torsboda was presented in early May 2023, when it was announced that the factory would be completed around the turn of the year 2025/2026 and create around 1,900 jobs for the region."




On the other side of the gulf it is already finished.


Thanks for the hint @blondeaussie !

* SEK not AUD or €

_____
Now I'm thinking of NV and TLG as at the beginning when NV had chosen that place.

Sorry Semmel, too dry topics. But!I started this topic here in your The Bar and it seems that it will end here.

@Gvan
Thanks for your words!

The Chinese find out that setting up shop in Sweden isn't easy, especially with allegations of human rights violations hanging over them. Northvolt was to be their first main customer, too. All up in smoke.

Click to expand...

Happy Christmas everyone… Here’s to our present arriving in January … Enjoy the holidays wherever you are. I can confirm it’s hot and sunny in Queensland

ACinEur said:

Happy Christmas everyone… Here’s to our present arriving in January … Enjoy the holidays wherever you are. I can confirm it’s hot and sunny in Queensland

Click to expand...

40+ degrees for the Boxing Day test match down here in Victoria (that’s cricket for our Deutschen friends)!

Merry Christmas to you all and look forward to celebrating in Semmel’s Bar a few long awaited milestones in 2025

Happy Christmas from Germany! Packing presents is done.. kids probably going to jump in triangles tomorrow waiting for unpacking all day ..

Merry Christmas all from a hot as fuck Sydney! I'm waiting for the missus to get home with the car from a half day at work so I can go to the beach for a swim. Here's to a big 2025 for Talga

Merry Christmas Talgarians! Have a wonderful time with friends and family. Next year is ours to shine!

I wish you all a blessed, peaceful, contemplative and beautiful Christmas. Have a good time!

Merry Xmas legends!

1 Karhu pls bartender. We're chasing the aurora in Finish Lapland where we've endured a chilly -30°

I'm excited for 2025!

Merry christmas to All of you, too!

I'll start slowly and warm up for tomorrow. Cheers!

Pharvest said:

Merry Christmas all from a hot as fuck Sydney! I'm waiting for the missus to get home with the car from a half day at work so I can go to the beach for a swim. Here's to a big 2025 for Talga

Click to expand...

Happy New Year Everyone

I'm sorry Pharvest but that is not hot. This is hot.........

I think I have posted this before

Extract from the Diary of an Englishman

August 31st

Just got transferred with work into our new home in Karratha, Western Australia, now this is a town that knows how to live!!

Beautiful sunny days and warm balmy evenings.

What a place! I watched the sunset from a deck chair on the veranda. It was beautiful. I've finally found my my home. I love it here.



September 13th

Really heating up. Got to 35 today. Not a problem. Live in an air-conditioned home, drive an air-conditioned car.

What a pleasure to see the sun everyday like this. I'm turning into a sun worshipper.



September 30th

Had the backyard landscaped with tropical plants today. Lots of palms and rocks. What a breeze to maintain. No more mowing lawn for me.

Another scorcher today, but i love it here.



October 10th

This temperature hasn't been below 35 all week. How do people get used to this kind of heat.

At least today it's kind of windy though. But getting used to the heat is taking longer than I expected.



October 15th

Fell asleep by the pool. Got 3rd degree burns over 60% of my body. Missed 3 days of work. What a dumb thing to do.

I learned my lesson though. Got to respect the ol' sun in a climate like this.



October 20th

I missed Kitty (our cat) sneaking into the car when I left this morning. By the time i got to the hot car for lunch, Kitty had died and swollen up to the size of a shopping bag and stank up the $3,000 leather upholstery.

I told the kids that she ran way. The car now smells like Whiskettes and cat shit. I learned my lesson though. No more pets in this heat.



October 25th

The wind sucks.

It feels like a giant fucking blow dryer!! And its hot as hell.

The home air-conditioner is on the blink and the AC repairman charged $200 just to drive over and tell me he needed to order parts.



October 30th

Been sleeping outside by the pool for 3 nights now. Bloody $900,000 house and we can't even go inside.

Why did I ever come here ?



November 4th

Its 38 degrees. Finally got the ol' air-conditioner fixe today. It cost $1,500 and gets the temp down to 25, but the bloody humidity makes the house feel like its about 30. Stupid repairman.

I hate this stupid fuckin place.



November 8th

If another wise arse cracks, "hot enough for you today" I'm going to fuckin throttle him. Fuckin heat!

By the time I get to work, the car's radiator was boiling over, my clothes are soaking fuckin wet, and I smell like baked cat!!



November 9th

Tried to run some messages after work. Wore shorts, and sat on the black leather seats in the car.

I thought my fuckin arse was on fire.

I lost two layers of flesh and all the hair on the back of my legs and my fuckin arse bunt off.

Now my car smells like burnt hair, fried arse and baked cat.



November 10th

The weather report might as well be a fuckin recording............... Hot and sunny. Hot and sunny. Hot and fuckin sunny.

It's been too hot to do anything for 2 damn months and the weatherman says it might really warm up next week.

Doesn't it ever rain in this damn fuckin place?

Water rationing will be next, so my $5,000 worth of palms just might dry up and bow into the fuckin pool.

Even the palms can't live in this fuckin heat.



November 14th

Welcome to HELL!!!!

Temperature got to 41 today. Now the air-conditioner's gone in my car.

The repairman came to fix i and said "hot enough for you today?"

My wife had to spend the $2,500 mortgage payment to bail my arse out of jail for punching the stupid fucker.

Fuck Karratha!

What kind of sick demented fuckin idiot would want to live here?



December 1st

WHAT?????

This is the first day of Summer???

You are fuckin kiddin!!!

WheresTheMonkey said:

Happy New Year Everyone

I'm sorry Pharvest but that is not hot. This is hot.........

I think I have posted this before

Extract from the Diary of an Englishman

August 31st

Just got transferred with work into our new home in Karratha, Western Australia, now this is a town that knows how to live!!

Beautiful sunny days and warm balmy evenings.

What a place! I watched the sunset from a deck chair on the veranda. It was beautiful. I've finally found my my home. I love it here.



September 13th

Really heating up. Got to 35 today. Not a problem. Live in an air-conditioned home, drive an air-conditioned car.

What a pleasure to see the sun everyday like this. I'm turning into a sun worshipper.



September 30th

Had the backyard landscaped with tropical plants today. Lots of palms and rocks. What a breeze to maintain. No more mowing lawn for me.

Another scorcher today, but i love it here.



October 10th

This temperature hasn't been below 35 all week. How do people get used to this kind of heat.

At least today it's kind of windy though. But getting used to the heat is taking longer than I expected.



October 15th

Fell asleep by the pool. Got 3rd degree burns over 60% of my body. Missed 3 days of work. What a dumb thing to do.

I learned my lesson though. Got to respect the ol' sun in a climate like this.



October 20th

I missed Kitty (our cat) sneaking into the car when I left this morning. By the time i got to the hot car for lunch, Kitty had died and swollen up to the size of a shopping bag and stank up the $3,000 leather upholstery.

I told the kids that she ran way. The car now smells like Whiskettes and cat shit. I learned my lesson though. No more pets in this heat.



October 25th

The wind sucks.

It feels like a giant fucking blow dryer!! And its hot as hell.

The home air-conditioner is on the blink and the AC repairman charged $200 just to drive over and tell me he needed to order parts.



October 30th

Been sleeping outside by the pool for 3 nights now. Bloody $900,000 house and we can't even go inside.

Why did I ever come here ?



November 4th

Its 38 degrees. Finally got the ol' air-conditioner fixe today. It cost $1,500 and gets the temp down to 25, but the bloody humidity makes the house feel like its about 30. Stupid repairman.

I hate this stupid fuckin place.



November 8th

If another wise arse cracks, "hot enough for you today" I'm going to fuckin throttle him. Fuckin heat!

By the time I get to work, the car's radiator was boiling over, my clothes are soaking fuckin wet, and I smell like baked cat!!



November 9th

Tried to run some messages after work. Wore shorts, and sat on the black leather seats in the car.

I thought my fuckin arse was on fire.

I lost two layers of flesh and all the hair on the back of my legs and my fuckin arse bunt off.

Now my car smells like burnt hair, fried arse and baked cat.



November 10th

The weather report might as well be a fuckin recording............... Hot and sunny. Hot and sunny. Hot and fuckin sunny.

It's been too hot to do anything for 2 damn months and the weatherman says it might really warm up next week.

Doesn't it ever rain in this damn fuckin place?

Water rationing will be next, so my $5,000 worth of palms just might dry up and bow into the fuckin pool.

Even the palms can't live in this fuckin heat.



November 14th

Welcome to HELL!!!!

Temperature got to 41 today. Now the air-conditioner's gone in my car.

The repairman came to fix i and said "hot enough for you today?"

My wife had to spend the $2,500 mortgage payment to bail my arse out of jail for punching the stupid fucker.

Fuck Karratha!

What kind of sick demented fuckin idiot would want to live here?



December 1st

WHAT?????

This is the first day of Summer???

You are fuckin kiddin!!!

Click to expand...

Very funny! I can relate having worked in the Pilbarra in the past. Nice and cool in Sydney today. Come on Talga let's have some good news ffs!