According to Head Office Nigel and crew are currently extremely busy Negotiating . Lets see where that leads . If nothing comes from it then I think it's time for Nigel to address Shareholders . Obviously September 2024 is not an option . Nigel would know that is not going to fly with SH . Some other reason perhaps for saying it ?
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Yep it's hard to believe. And don't forget he was the Germans right man in drc but didn't see it coming.
Bin59
Regular
DRC/Clean Energy: A delegation of strong future industries (FFI) led by its 01 Andrew Forest visited
@LukondeSama
On the evening of the sale. 17.03 pr 1 local ore processing project to produce electric batteries. 1/2
Fortescue future industries proposes to quickly rehabilitate a turbine on Inga 2 to be able to transform cobalt, nickel and other raw materials on site to produce the new generation batteries.
@CorapRdcongo
@Julienpalukucom
#Avz
@LukondeSama
On the evening of the sale. 17.03 pr 1 local ore processing project to produce electric batteries. 1/2
Fortescue future industries proposes to quickly rehabilitate a turbine on Inga 2 to be able to transform cobalt, nickel and other raw materials on site to produce the new generation batteries.
@CorapRdcongo
@Julienpalukucom
#Avz
Bin59
Regular
Interesting … 
March 20, 2023By
Through its project to rehabilitate a turbine on Inga 2, the Australian firm (FFI) aspires to extend its impact in the Democratic Republic of Congo by transforming Congolese raw materials, including cobalt, nickel and many other raw materials to achieve the creation of jobs and added value in the Democratic Republic of Congo (DRC).
"We had an excellent meeting with his Excellency the Prime Minister. We of course talked about Inga's very big project and quickly we understood together that we must move forward but also we proposed to his Excellency the Prime Minister a faster project to rehabilitate a turbine on Inga 2 to be able to transform Congolese raw materials (cobalt, nickel and others) here to produce new generation batteries. We are indeed great specialists in green hydrogen, which is a kind of energy storage. This is also how we are specialists in batteries for electric vehicles, batteries that are another energy storage mechanism. But the most important thing for us is to do it in the DRC, to be able to create jobs here and create added value here in the Democratic Republic of the Congo," Andrew Forrest told the press.
He added: "The Prime Minister received us, we are very happy with the meeting we had. He encouraged us very seriously, he gave the instructions with which we will move forward. He is a man of action, he is a great leader, we are happy, "concluded FFI's number one interpreted by Congolese economist Al Kitenge.
Convinced of the relevance of the project, the Prime Minister, Jean-Michel Sama Lukonde, gave the necessary guidelines for a better outcome of the Fortescue Future Industries project.
As a reminder, Fortescue Future Industries is a global green energy company operating in more than 25 countries and is one of the top ten ASX Fortescue (ASX: FMG).
FFI is leading the green industrial revolution, developing technological solutions for industries that are difficult to decarbonize, while building a global portfolio of renewable energy, green hydrogen and green ammonia projects.
In addition, FFI is leading the global effort to decarbonize sectors that are difficult to reduce and is responsible for the decarbonization project of one of the largest resource companies in the world by 2030.
DRC: Fortescue Future Industries relies on local production of green hydrogen
La RédactionMarch 20, 2023By
Renowned as a champion of green hydrogen internationally, the Australian firm Fortescue Future Industries (FFI) is ready to start producing carbon-free green hydrogen from 100% renewable sources in the Democratic Republic of Congo (DRC). This was reported by Andrew Forest, Chairman of FFI, to the Congolese Prime Minister, Jean-Michel Sama Lukonde, during a hearing on Friday, March 17, 2022.
According to FFI leaders, this is a practical and feasible solution that consists of decarbonizing heavy industry and creating jobs in the Democratic Republic of Congo (DRC).Through its project to rehabilitate a turbine on Inga 2, the Australian firm (FFI) aspires to extend its impact in the Democratic Republic of Congo by transforming Congolese raw materials, including cobalt, nickel and many other raw materials to achieve the creation of jobs and added value in the Democratic Republic of Congo (DRC).
"We had an excellent meeting with his Excellency the Prime Minister. We of course talked about Inga's very big project and quickly we understood together that we must move forward but also we proposed to his Excellency the Prime Minister a faster project to rehabilitate a turbine on Inga 2 to be able to transform Congolese raw materials (cobalt, nickel and others) here to produce new generation batteries. We are indeed great specialists in green hydrogen, which is a kind of energy storage. This is also how we are specialists in batteries for electric vehicles, batteries that are another energy storage mechanism. But the most important thing for us is to do it in the DRC, to be able to create jobs here and create added value here in the Democratic Republic of the Congo," Andrew Forrest told the press.
He added: "The Prime Minister received us, we are very happy with the meeting we had. He encouraged us very seriously, he gave the instructions with which we will move forward. He is a man of action, he is a great leader, we are happy, "concluded FFI's number one interpreted by Congolese economist Al Kitenge.
Convinced of the relevance of the project, the Prime Minister, Jean-Michel Sama Lukonde, gave the necessary guidelines for a better outcome of the Fortescue Future Industries project.
As a reminder, Fortescue Future Industries is a global green energy company operating in more than 25 countries and is one of the top ten ASX Fortescue (ASX: FMG).
FFI is leading the green industrial revolution, developing technological solutions for industries that are difficult to decarbonize, while building a global portfolio of renewable energy, green hydrogen and green ammonia projects.
In addition, FFI is leading the global effort to decarbonize sectors that are difficult to reduce and is responsible for the decarbonization project of one of the largest resource companies in the world by 2030.
Flory Musiswa/Trainary
Isn’t that interesting?Interesting …
DRC: Fortescue Future Industries relies on local production of green hydrogen
La Rédaction
March 20, 2023By
Renowned as a champion of green hydrogen internationally, the Australian firm Fortescue Future Industries (FFI) is ready to start producing carbon-free green hydrogen from 100% renewable sources in the Democratic Republic of Congo (DRC). This was reported by Andrew Forest, Chairman of FFI, to the Congolese Prime Minister, Jean-Michel Sama Lukonde, during a hearing on Friday, March 17, 2022.
According to FFI leaders, this is a practical and feasible solution that consists of decarbonizing heavy industry and creating jobs in the Democratic Republic of Congo (DRC).
Through its project to rehabilitate a turbine on Inga 2, the Australian firm (FFI) aspires to extend its impact in the Democratic Republic of Congo by transforming Congolese raw materials, including cobalt, nickel and many other raw materials to achieve the creation of jobs and added value in the Democratic Republic of Congo (DRC).
"We had an excellent meeting with his Excellency the Prime Minister. We of course talked about Inga's very big project and quickly we understood together that we must move forward but also we proposed to his Excellency the Prime Minister a faster project to rehabilitate a turbine on Inga 2 to be able to transform Congolese raw materials (cobalt, nickel and others) here to produce new generation batteries. We are indeed great specialists in green hydrogen, which is a kind of energy storage. This is also how we are specialists in batteries for electric vehicles, batteries that are another energy storage mechanism. But the most important thing for us is to do it in the DRC, to be able to create jobs here and create added value here in the Democratic Republic of the Congo," Andrew Forrest told the press.
He added: "The Prime Minister received us, we are very happy with the meeting we had. He encouraged us very seriously, he gave the instructions with which we will move forward. He is a man of action, he is a great leader, we are happy, "concluded FFI's number one interpreted by Congolese economist Al Kitenge.
Convinced of the relevance of the project, the Prime Minister, Jean-Michel Sama Lukonde, gave the necessary guidelines for a better outcome of the Fortescue Future Industries project.
As a reminder, Fortescue Future Industries is a global green energy company operating in more than 25 countries and is one of the top ten ASX Fortescue (ASX: FMG).
FFI is leading the green industrial revolution, developing technological solutions for industries that are difficult to decarbonize, while building a global portfolio of renewable energy, green hydrogen and green ammonia projects.
In addition, FFI is leading the global effort to decarbonize sectors that are difficult to reduce and is responsible for the decarbonization project of one of the largest resource companies in the world by 2030.
Flory Musiswa/Trainary
RHyNO
Regular
Yeah look way I see it. Nigel and the BOD can personally return my investment if they fuck this up. How is there no risk to them. They should be bankrupted if they drive this to the ground. I’ll be knocking on some doors with significant force and reasonable demands. I know they’ve got the money. They took it from us and pay themselves with it. Fucking dogs shouldn’t see a goddamn cent until this is sorted and resolved. DOGS!!!
Where’s the lithium coming from?Interesting …
DRC: Fortescue Future Industries relies on local production of green hydrogen
La Rédaction
March 20, 2023By
Renowned as a champion of green hydrogen internationally, the Australian firm Fortescue Future Industries (FFI) is ready to start producing carbon-free green hydrogen from 100% renewable sources in the Democratic Republic of Congo (DRC). This was reported by Andrew Forest, Chairman of FFI, to the Congolese Prime Minister, Jean-Michel Sama Lukonde, during a hearing on Friday, March 17, 2022.
According to FFI leaders, this is a practical and feasible solution that consists of decarbonizing heavy industry and creating jobs in the Democratic Republic of Congo (DRC).
Through its project to rehabilitate a turbine on Inga 2, the Australian firm (FFI) aspires to extend its impact in the Democratic Republic of Congo by transforming Congolese raw materials, including cobalt, nickel and many other raw materials to achieve the creation of jobs and added value in the Democratic Republic of Congo (DRC).
"We had an excellent meeting with his Excellency the Prime Minister. We of course talked about Inga's very big project and quickly we understood together that we must move forward but also we proposed to his Excellency the Prime Minister a faster project to rehabilitate a turbine on Inga 2 to be able to transform Congolese raw materials (cobalt, nickel and others) here to produce new generation batteries. We are indeed great specialists in green hydrogen, which is a kind of energy storage. This is also how we are specialists in batteries for electric vehicles, batteries that are another energy storage mechanism. But the most important thing for us is to do it in the DRC, to be able to create jobs here and create added value here in the Democratic Republic of the Congo," Andrew Forrest told the press.
He added: "The Prime Minister received us, we are very happy with the meeting we had. He encouraged us very seriously, he gave the instructions with which we will move forward. He is a man of action, he is a great leader, we are happy, "concluded FFI's number one interpreted by Congolese economist Al Kitenge.
Convinced of the relevance of the project, the Prime Minister, Jean-Michel Sama Lukonde, gave the necessary guidelines for a better outcome of the Fortescue Future Industries project.
As a reminder, Fortescue Future Industries is a global green energy company operating in more than 25 countries and is one of the top ten ASX Fortescue (ASX: FMG).
FFI is leading the green industrial revolution, developing technological solutions for industries that are difficult to decarbonize, while building a global portfolio of renewable energy, green hydrogen and green ammonia projects.
In addition, FFI is leading the global effort to decarbonize sectors that are difficult to reduce and is responsible for the decarbonization project of one of the largest resource companies in the world by 2030.
Flory Musiswa/Trainary
According to the chairman of this Australian group, during this meeting, FFI proposed to the Head of Government a quick project to lead to the production of electric batteries in the DRC.
John25
Regular
Yep …the interesting part is Twiggy has no problems flying in & having meetings with Felix & Lukonde then heading out again …photo opportunities a plenty …being proactive & informing SH’s of events …our non achieving BoD …SFA …trying my damn hardest to be ***** PositiveIsn’t that interesting?
Nellie17
Regular
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CashKing
Regular
It’s the very pointy end and people are sick and tired of this mess so I get it..
I’m no saint like moneybags
but yeah some answers would be great….I think that’s what he was saying ish…
Fuck even a pic of the chair where I will be polishing the boots of workers at Manono would be great.. “If all fails” ….
I have extended my seek job applications to overseas….
Let’s hope BOD gets us out of this mess and all ends well for us holders…
GLTAH
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Frank
Top 20
China offers its fighter jets to Kinshasa
A delegation from the Chinese aeronautical company Catic accompanied by officers of the People's Liberation Army (PLA) is staying in Kinshasa to offer combat aircraft to the Democratic Republic of Congo (DRC), the news agency reported on Thursday.
The objective of this trip to Kinshasa is to propose to the Congolese presidency the acquisition of several Chengdu FC-1 Xialong multirole combat aircraft, an aircraft built by CATIC (China Aviation Technology Import-Export Corp) and the result of a partnership Sino-Pakistani industrialist.
It is also built in Pakistan by the Pakistan Aeronautical Complex (PAC) company, under the name of JF-17 Thunder.
This offer aims to respond to the wish of Congolese President Félix Antoine Tshisekedi Tshilombo to strengthen the Congolese air force, one of the components of the Armed Forces of the DRC (FARDC), which currently only has a few Sukhoi Su-25s from soviet design.
One of them was hit at the end of January as he was preparing to land at Goma airfield by a missile launch that the DRC blamed on neighboring Rwanda, accused of supporting the M23 rebellion ( Movement of March 23).
The Chinese delegation also offered Chengdu J-10 planes - from the Chengdu Aircraft Corporation - to Kinshasa, which are "significantly more expensive", specified the APA (independent), received in Brussels.
The FARDC has already ordered nine CH-4 type Male ("Medium Altitude Long Endurance") combat and reconnaissance drones from the China Aerospace Science and Technology Corporation (CASC), the agency said.
The DRC is facing the M23 rebellion, which has seized large swathes of territory in the province of North Kivu since 2022, a region rich in minerals.
This mainly Tutsi armed group, defeated in 2013 by the FARDC with the support of MONUSCO peacekeepers, took up arms again at the end of 2021.
Crisis in the East of the DRC: Luanda, Pretoria and Kinshasa exchange for the consolidation of peace
Delegations from Angola, South Africa and the DRC discussed, on Sunday March 19 in Kinshasa, the establishment of a roadmap aimed at consolidating peace in eastern DRC.
During their discussions, these three countries intend to deepen their strategic and lasting partnership, aimed at achieving concrete results.
This partnership will extend to the sectors of economic development, defence, infrastructure and public administration.
Reports will be made to the respective Heads of State by the corresponding Foreign Ministers, so that regional diplomacy looks in the same direction and works for the same strategic objectives.
Established since August 2013 between the governments of the Republic of Angola, the Republic of South Africa and the DRC, this tripartite covers areas of political and diplomatic cooperation, defence, security and public order and local governance and to economic, social and infrastructure development.
mediacongo
Some background info on the Granda Inga Project valued at $100 Billion. Just like AVZ, they are not happy for them to control the project. So Twiggy is now in the DRC talking about quick projects, is Manono $3billion a quick one?
The Grand Inga project has hit a roadblock despite the signing of a memorandum of understanding in September 2020 with Fortescue Metals Group Ltd. to develop what could be the largest hydroelectric project in the world.
President Felix Tshisekedi expressed his disappointment with the situation during an interview with Bloomberg on January 19th, 2023, at the World Economic Forum in Davos. He believes that in order to move forward, Fortescue should bring in other investors, particularly from Africa, and potentially scale back their ambitions to accelerate the project’s development.
“We are not on the same wavelength,” said President Felix Tshisekedi. “We want to create an opportunity that brings together various interests, particularly those of Africa. We are open to all discussions and meetings.”
He added that he met with Fortescue’s President, Andrew Forrest, during his visit to Davos to continue the discussions.
Challenges of the Mega Project
Fortescue Future Industries Ltd. plans to harness the energy from Inga, which could potentially be twice as powerful as China’s Three Gorges project, to produce green hydrogen and green ammonia for the Democratic Republic of Congo.
According to estimates, the Grand Inga project aims to produce 10 million tons of green hydrogen annually. The project is also expected to create over 100,000 direct jobs and up to 500,000 indirect jobs. Additionally, a fund called “Inga Fund” will be established, which will receive 5% of the investments made for the Grand Inga project.
The project will also help to bring electricity to rural and peri-urban areas, in line with the Democratic Republic of Congo’s Industrialization Master Plan.
However, the project is currently facing delays due to disagreements within the Presidency and Government, according to sources familiar with the matter. Despite the support of the Head of State and former Special Adviser Kayembe, Fortescue is reportedly facing various administrative challenges.
The Grand Inga project has hit a roadblock despite the signing of a memorandum of understanding in September 2020 with Fortescue Metals Group Ltd. to develop what could be the largest hydroelectric project in the world.
President Felix Tshisekedi expressed his disappointment with the situation during an interview with Bloomberg on January 19th, 2023, at the World Economic Forum in Davos. He believes that in order to move forward, Fortescue should bring in other investors, particularly from Africa, and potentially scale back their ambitions to accelerate the project’s development.
“We are not on the same wavelength,” said President Felix Tshisekedi. “We want to create an opportunity that brings together various interests, particularly those of Africa. We are open to all discussions and meetings.”
He added that he met with Fortescue’s President, Andrew Forrest, during his visit to Davos to continue the discussions.
Challenges of the Mega Project
Fortescue Future Industries Ltd. plans to harness the energy from Inga, which could potentially be twice as powerful as China’s Three Gorges project, to produce green hydrogen and green ammonia for the Democratic Republic of Congo.
According to estimates, the Grand Inga project aims to produce 10 million tons of green hydrogen annually. The project is also expected to create over 100,000 direct jobs and up to 500,000 indirect jobs. Additionally, a fund called “Inga Fund” will be established, which will receive 5% of the investments made for the Grand Inga project.
The project will also help to bring electricity to rural and peri-urban areas, in line with the Democratic Republic of Congo’s Industrialization Master Plan.
However, the project is currently facing delays due to disagreements within the Presidency and Government, according to sources familiar with the matter. Despite the support of the Head of State and former Special Adviser Kayembe, Fortescue is reportedly facing various administrative challenges.
Clearly not handing out enough brown paper bags!
Seriously, a project of this scale that will bring a multitude of wealth and jobs but nope lets red tape the shit outa this till everyone at the top gets their percentage. fucking over the 600,000 potential job security for the people and a better future!!
Unbelievable!
CashKing
Regular
Don’t accept the fighter jet DRC…..
Chinese President Xi Jinping touched down in Moscow to meet with Russian President Vladimir Putin…..
Ahhhhhh the worlds gone mad…. Let’s hope FT doesn’t have a 3 some with those nut jobs…. If that happens well AVZ might as well start to talk to rocket man about a TO
…AIMO NFI IT’s ALL FUCKED UP BUT GO GOLD…
GLTAH
I was thinking about the rocket man as our saviourDon’t accept the fighter jet DRC…..
Chinese President Xi Jinping touched down in Moscow to meet with Russian President Vladimir Putin…..
Ahhhhhh the worlds gone mad…. Let’s hope FT doesn’t have a 3 some with those nut jobs…. If that happens well AVZ might as well start to talk to rocket man about a TO
AIMO NFI IT’s ALL FUCKED UP BUT GO GOLD…
GLTAH
Winenut
GO AVZ!!!!
"There are rumours flying that there are some high level meetings with Felix, MoM, AVZ, Dath/Com & some Australian Gov officials this week. Lets see what happens I guess"
Is that right?
Well do tell Chuss
We're all ears.....
John you need to look no further than QLD to see soveign risk in action - and Australia is considered a First World Country - stop your complaining and get behind the Board and Nigel.
Unless you are going to tell me that you have lived and worked in a 3rd World Country the only contribution you can make is staying silent.
This of course is not investment advice, but some whinges shouldn't be investing in shares - there are many that are struggling, me for one, but I stand with the Board.
Silent is Golden.
Well, QLD is a 3rd world economy, with the opaque governance to match.
And I bet Felix gets better mobile reception at home than I do in the State capital.
John25
Regular
“Staying silent “ is the only contribution that us SH’s should partake in ….We pay these Jokers their wages so they just float along unaccountable for there jobs/actions .Nothing comes out of their pockets but we line theres
Fine …stand by your BoD like a silent grinning idiot & let them meander on into almost 11months of suspension leaving us clueless on whats happening.Its amazing Twiggy can fly in & out of the DRC ,keep SH’s informed plus take a few happy snaps with Felix & Lukonde (glad i have a few FMG shares in the bottom draw) but our leadership team struggle getting in the front door
Tell me about struggling ,with well over a million shares tied up & at present working night shift (its almost 1pm) WA time at 63 i shouldnt be placed in this situation with funds tied up for almost a year now We have been placed in this situation by an incompetent Board …im still struggling to understand WHY we are in suspension …is it %of ownership /ML or as Nigel let it slip at AGM shorts attack
ML was about 6 weeks away August 2021 then literally weeks away Dec 2021 then at RS Nigel let it slip Nov the 17th ? Was the go .Our Fearless leader also at AGM admitted that communication between Board & SH’s could be a lot more transparent,there’s a job in politics for NF when he finishes this fuck fest because he has the attitude/attributes that he must be lying(his lips are moving) How is that going ??????.Plus being told its none of our business & not a conflict of interest with being in bed with Klaus
Well Chuss our latest intel …I miss Nells/Fox even Cash’s local gossip/intel at least it was something to get excited about …Feel for some of our SH’s who are really doing it tough through NO fault of their own …We were a Top ASX 200 company
Finally before i get moving at work …a huge thank you to all our posters who do a magnificent job of actually trying to dot the i’s for us so much appreciated /welcomed plus one more thing @SilentOne appreciate your feed back but take your own advise “stay silent “ & “silence is Golden” you can practice what you preach
Keeping silent & backing our BoD (not now) they have done their dash with me …hoping when /if this Shit Show is finished they may need to dip into their boosted legal fund to fight off disgruntled SH’s
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Hemicuda
Regular
im positive that this is a non negative post,,, its how it is“Staying silent “ is the only contribution that us SH’s should partake in ….We pay these Jokers their wages so they just float along unaccountable for there jobs/actions .Nothing comes out of their pockets but we line theres
Fine …stand by your BoD like a silent grinning idiot & let them meander on into almost 11months of suspension leaving us clueless on whats happening.Its amazing Twiggy can fly in & out of the DRC ,keep SH’s informed plus take a few happy snaps with Felix & Lukonde (glad i have a few FMG shares in the bottom draw) but our leadership team struggle getting in the front door
Tell me about struggling ,with well over a million shares tied up & at present working night shift (its almost 1pm) WA time at 63 i shouldnt be placed in this situation with funds tied up for almost a year now We have been placed in this situation by an incompetent Board …im still struggling to understand WHY we are in suspension …is it %of ownership /ML or as Nigel let it slip at AGM shorts attack
ML was about 6 weeks away August 2021 then literally weeks away Dec 2021 then at RS Nigel let it slip Nov the 17th ? Was the go .Our Fearless leader also at AGM admitted that communication between Board & SH’s could be a lot more transparent,there’s a job in politics for NF when he finishes this fuck fest because he has the attitude/attributes that he must be lying(his lips are moving) How is that going ??????.Plus being told its none of our business & not a conflict of interest with being in bed with Klaus
Well Chuss our latest intel …I miss Nells/Fox even Cash’s local gossip/intel at least it was something to get excited about …Feel for some of our SH’s who are really doing it tough through NO fault of their own …We were a Top ASX 200 company
Finally before i get moving at work …a huge thank you to all our posters who do a magnificent job of actually trying to dot the i’s for us so much appreciated /welcomed plus one more thing @SilentOne appreciate your feed back but take your own advise “stay silent “ & “silence is Golden” you can practice what you preach
Keeping silent & backing our BoD (not now) they have done their dash with me …hoping when /if this Shit Show is finished they may need to dip into their boosted legal fund to fight off disgruntled SH’s
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