AVZ Discussion 2022

Remark

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I reported @FizzTyson on twitter earlier today. 1st time I've reported anyone. It was justified. Please do the same. Br Sparrowhawk.
I may have helped🤣

Same here - never reported anyone before, he did really deserve it!
 
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JNRB

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Shared by Skar on HC.
Our flythrough of the plant from a year ago, re-uploaded in the past hour but in french.
My take on that is for DRC audience rather than international investors. Not sure if it gives us any insights to what's going on, but it's something.

 
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Shared by Skar on HC.
Our flythrough of the plant from a year ago, re-uploaded in the past hour but in french.
My take on that is for DRC audience rather than international investors. Not sure if it gives us any insights to what's going on, but it's something.


Thanks JNRB, and the fact it wasn’t reloaded in Chinese is a sign of better things to come
 
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Samus

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Samus

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bloke383

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While the Minister of Finance seeks to borrow $70,000,000 to pay the civil servants, there is more than $100,000,000 that we lose because of certain people in the file. #lithium_Manono $AVZ
@MiningNewsMag
@AvzMinerals
@fatshii13
@adelekayinda01
@Antoinettensamb

Our friend Kiki understands .



And if we go to trial, we risk $10 billion in compensation and above all the blocking of lithium mining. Soon 2023 is coming to an end, the population of Tanganyika is being deprived of their only opportunity for employment and development... NABO BANA VOTAKA...
 
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ptlas

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He's an absolute tool that has ramped up his insults on Twitter towards the DRC due to the fact that he will soon be banned - he's trying to go down swinging. Just report the fool.

He also reads TSEx - so on that note, fuck you @FizzTyson:D
He's also an aussie.
Wonder if he works for the Australian Financial Rag!
 
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Remark

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He's also an aussie.
Wonder if he works for the Australian Financial Rag!
If it was "him" I hope he used a good VPN, digital breadcrumbs & all.

I really hope it was...
 
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Frank

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Our friend Kiki understands .

And if we go to trial, we risk $10 billion in compensation and above all the blocking of lithium mining. Soon 2023 is coming to an end, the population of Tanganyika is being deprived of their only opportunity for employment and development... NABO BANA VOTAKA...
*They always talk about Copper and Cobalt in these articles as if it was the ONLY thing that goes into a Battery these Days, but for some reason they never mention / forget to, are too embarrassed to use the words "L for Lithium & M for Manono" for some strange reason, something i thought was a major mineral / very important part in a "Win-Win" Battery Industry, unless i'm mistaken :oops: :rolleyes: :unsure:

*These resources brought together through this cooperation constitute essential elements of the energy transition that the world urgently needs.

*It should be noted that the electric battery supply chain development plan will enable open and transparent investments to build a value-added and sustainable industry in Africa, serving a just energy transition for workers and local communities.
:rolleyes:

Tell that to the People of Manono who are losing out every Hour of every Day :mad:

DRC-Zambia-USA tripartite evaluates the Agreement on the Battery industry


After the INDABA Mining Forum in Cape Town, South Africa, the agreement on the battery industry was once again at the heart of discussions within the DRC-Zambia-USA tripartite, on Saturday April 15, 2023, in Washington, DC, United States.

Signed in December 2022, the memorandum of understanding is in line with the objective of the DRC and Zambia to set up a productive supply chain, from the mine to the assembly line, while committing to international standards to prevent, detect, and prosecute corruption throughout this process.

“We have been invited by the Biden administration. I, Julien Paluku Kahongya, the Congolese Minister of Industry, and my colleague from Finance, Nicolas Kazadi, were received this Saturday in Washington DC at the State Department by the Deputy US Secretary of State for the Economy, Energy, and the Environment, Mr. José W. Fernandez.

We were there to assess the collaboration agreement signed in Washington last December between the Congolese, Zambian, and US Governments for the development of a regional value chain around the battery and electric vehicle industry,” said Julien Paluku, the Congolese Minister of Industry.

In addition, Julien Paluku specified that this meeting precedes the launch of the pre-feasibility study for the installation of the first manufacturing plant planned in the province of Haut-Katanga.

According to Julien Paluku, this meeting was an opportunity for the American administration to reaffirm its firm determination to support the realization of this major project likely to boost several African economies.

However, it should be noted that the DRC produces more than 70% of the world’s cobalt.

Zambia is the world’s sixth-largest producer of copper and the second-largest producer of cobalt in Africa.

These resources brought together through this cooperation constitute essential elements of the energy transition that the world urgently needs.

It should be noted that the electric battery supply chain development plan will enable open and transparent investments to build a value-added and sustainable industry in Africa, serving a just energy transition for workers and local communities.


April 18, 2023


*To add, I see where Ivanhoe is going Gangbusters, showing how things could be done / duplicated at Manono, but for some reason the DRC has decided that the desparately needed Biggest / Best Hard Rock Deposit on the Planet just sits there spinning it's wheels, going nowhere while the DRC suffers, How Frustrating, FFS Felix !!! Seriously !!! Hard to believe, but True :(

Ivanhoé Mines aims to supply the Critical metals needed for the Energy transition in DRC

In its so-called “sustainable development 2022” report made public on April 13, 2023, Ivanhoé Mines indicated that its sustainable development strategy is shaped by a philosophy of “mining with a higher purpose”.

The report states that Ivanhoé Mines not only aims to provide the critical metals needed for the energy transition, but also seeks to be a forerunner in its approach to mining.

Indeed, the approach used in the 2022 Sustainability Report is based on the principles of good governance of people, planet and prosperity, as defined by the World Economic Forum and in line with the company’s vision to create shared value for shareholders and other stakeholders.
In fiscal 2022, Ivanhoe Mines notably:

reported an overall reduction in total recordable injury frequency rate across all sites;

– achieved, or on track to achieve, 16 of the 17 sustainability goals and targets set for 2022;

– Kamoa-Kakula’s contribution to the Democratic Republic of Congo (DRC) was equivalent to approximately 4% of the country’s GDP;
– more than $95 million contributed to group-wide employee payroll in 2022, in addition to more than $70 million in local payroll taxes.
– currently, more than 97% of Kamoa-Kakula employees are Congolese;

– approximately $300 million was paid in government taxes and fees in 2022, of which more than $280 million was paid to the DRC government;
– $20 million spent on socio-economic development initiatives in all Ivanhoe host communities in 2022.

An increase of more than 100% over 2021;

– representation of female employees group-wide increased to 10% from 9% in 2021. This is a significant achievement as the group-wide workforce grew by 20% in 2022 , led by Kamoa-Kakula.

It should be noted that female representation at Platreef is now 27%, up from 23% in 2021;

– more than $1.2 billion spent with national suppliers across the group;
– 644 scholarships distributed group-wide;
– 322 formal and informal local businesses supported at group level compared to 66 in 2021;
– 76% of the energy consumed group-wide came from renewable sources, including state-owned hydroelectric facilities rehabilitated and financed by Kamoa-Kakula;

– 33% reduction in water consumption;
– Ivanhoe Mines joined the United Nations Global Compact (UNGC);
– Ivanhoe Mines joined the Extractive Industries Transparency Initiative (EITI).

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*To Remind DRC / FT :eek:

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Frank

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Frank

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Frank

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CATL launches condensed battery with an energy density of up to 500 Wh/kg, enables electrification of passenger aircrafts


On April 19, CATL launched condensed battery, a cutting-edge battery technology at Auto Shanghai.

With an energy density of up to 500 Wh/kg, it can achieve high energy density and high level of safety at the same time in a creative manner, opening up a brand-new electrification scenario of passenger aircrafts. CATL can achieve mass production of condensed battery in a short period of time.

To address the changes of the super high energy density materials resulting from electrochemical reactions, CATL's condensed battery leverages highly conductive biomimetic condensed state electrolytes to construct a micron-level self-adaptive net structure that can adjust the interactive forces among the chains, thus improving the conductive performance of the cells and in turn the efficiency of lithium ion transporting while boosting stability of the microstructure.

What is more, condensed battery integrates a range of innovative technologies, including the ultra-high energy density cathode materials, innovative anode materials, separators, and manufacturing processes, offering excellent charge and discharge performance as well as good safety performance.

The launch of this cutting-edge technology breaks the limits that have long restricted the development of the battery sector and will open up a new scenario of electrification centering on high level of safety and light weight.

At present, CATL is cooperating with partners in the development of electric passenger aircrafts and practicing aviation-level standards and testing in accordance with aviation-grade safety and quality requirements.

In addition, we will also launch the automotive-grade version of condensed batteries, which are expected to be put into mass production within this year.

"Meeting customers' requirements is the core driving force that drives technological innovation for CATL," said Wu Kai, chief scientist of CATL.

Currently CATL has the world's most extensive technology roadmap for batteries, and has developed the capability to turn fundamental research to industrial application, and then to large-scale commercial applications.

For example, in 2021, CATL rolled out the first generation of sodium-ion battery with an energy density of 160 Wh/kg, which has been launched on Chery Automobile during this exhibition.

In 2022, CATL unveiled Qilin battery with the highest integration efficiency in the world, and it has started mass production this March.

They have been used on multiple high-end BEVs such as ZEEKR, AITO and Li Auto.


As electrification extends from the land to the sky, aircrafts will become cleaner and smarter.

The launch of condensed batteries will usher in an era of universal electrification of sea, land and air transportation, open up more possibilities of the development of the industry, and promote the achieving of the global carbon neutrality goals at an earlier date.

www.catl.com/en/
 
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Samus

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The fight against anti-values in public management has recently been receiving blows from mediocrity. This is just one battle in an all-out war where GOOD GOVERNANCE will win. Evil will never prevail over good.
 
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cruiser51

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Maya Manthey
@fastandfiry


$AVZ
@Presidency_DRC
Here is my take on the current situation: ICC proceedings are costly, waste time, and tarnish reputations. The initiative by $AVZ to finally move against #Cominiere may come at a critical time for the purpose of putting pressure on the #RDC govt to act and convince them that the ICC route is in fact not the way forward. No doubt the #RDC is interested in conducting forthright business by way of proper negotiations that lead to a positive resolution. This would create an environment in which investors feel happy to develop assets. I believe that $AVZ can lead the way and the #RDCleadership can get this done! Let's see what the next week or two will bring.....
 
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John25

Regular
So we got (again) lay off for 2weeks …Frock up tomorrow SH’s its the BIG 50 weeks in suspension
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Bray

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Flexi

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Flexi, try using the “Snip” tool instead of print screen. Works better on dual screen set ups 👍
Thanks Jazz. Will give it ago on my next poster.
 
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Frank

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*They always talk about Copper and Cobalt in these articles as if it was the ONLY thing that goes into a Battery these Days, but for some reason they never mention / forget to, are too embarrassed to use the words "L for Lithium & M for Manono" for some strange reason, something i thought was a major mineral / very important part in a "Win-Win" Battery Industry, unless i'm mistaken :oops: :rolleyes: :unsure:

*Speaking of Cobalt, I see it's in the " Crapper " and could be for some time, something that's going to hit the DRC hard :eek:

If Only they had a Monster of a Lithium / Tin deposit with a Mining License to offset those losses :unsure: :( :rolleyes:

Fresh blow to cobalt bulls as prices sink below $20,000

The dispute between China’s CMOC and Congo’s state-owned Gècamines appears to be over paving the way for its massive stockpile of cobalt to start entering the market.
blank.gif

Tenke Fungurume, split 80-20 between CMOC and Gècamines, continued to produce the battery and aerospace metal after its export permits were pulled in July.

According to Benchmark Source, stockpiles of at least 16,000 tonnes of cobalt hydroxide will take a year or more to be cleared and are likely to put further pressure on the cobalt prices already down by 75% since the peak a year ago to trade below $20,000 a tonne in April.

“On the one hand, this pending tsunami of product has already been baked into today’s bearish prices,” Daniel Fletcher-Manuel, head of prices, data and indices at Benchmark, said.

“However, further price erosion through quarter two is likely as suppliers race to offload tonnage before CMOC fully resumes exports.”

CMOC has been expanding Tenke, currently responsible for some 15% of global output, and expects the additional tonnes to hit markets this year on top of the released inventories.

Congo produces more than 70% of the world’s cobalt and mining inside the country is dominated by Chinese firms.

Benchmark Mineral Intelligence Cobalt Price Assessment expects the cobalt market to be in oversupply over the next three years as annual global production tops 250,000 tonnes by 2025, before a small but growing deficit appears through 2030.


mining.com

Food for thought :rolleyes:

Frank :cool:

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Frank

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Cooperation: mines and security will be part of Félix Tshisekedi's trip to Beijing

The Congolese president will make his first trip to China on May 26, several ministerial sources confirmed to Jeune Afrique.

This trip takes place in a context marked by the Congolese government's demand for the reassessment of what has been described as the "contract of the century", the agreement between Chinese companies and the Congolese government represented by Gécamines, signed in 2008, bearing exchange of mines for infrastructure.

Last February, the General Inspectorate of Finance (IGF) had mentioned, in a damning report, the imbalance in this contract.

Of the 12 billion dollars collected in the exploitation of minerals by Chinese companies, according to the IGF, only 820 million were allocated to infrastructure works for the benefit of the DRC.

A report also contested by the Chinese side.

Currently, the two parties are in talks to reach an amendment.

In addition to this sensitive issue, Tshisekedi and his Chinese counterpart Xi Jinping will discuss security issues, in a context where the DRC is shaken by a war of Rwandan aggression in its eastern part.

China could provide the DRC with necessary military equipment.

mediacongo


* To add, I see where,

Public finance: the more the budget increases, the more the crisis also increases?

Observation of a modest literary man.

The tripling, or even more, of the budget does not translate into a slight improvement on the social front.

Not the ounce of a thaw to borrow the lexicon of the weather.

Quite the contrary. Time never stops spoiling. The sky is ever darkening.

As evidenced by these prices on the market which look up when they do not make fun of the flattering figures, brandished by the white collars of the Government.

By also testifying to these remunerations, for some time, with an elastic deadline to which all the agents, despite themselves, have just subscribed to the State budget which has been multiplied by more than three.

Witness, "last but not least", the housewife's bag whose content does not know the slightest beginning of multiplication.

In a country where everyone has become, as if by the magic of infused science, a specialist in everything, we are careful not to play the "toutologue", or to play the "nionsologue" (a know-it-all).

Any more than we can claim in economics to do like Monsieur Jourdain who wrote prose without knowing it.

Nothing but popular sentiment and the arguably naïve questions worthy of a layman that arise from it.

Namely, what would be the interest of the average Congolese to know that the budget of his country has increased significantly if his ordinary does not change one iota?

How to explain to the man in the street that the country has gotten a little richer, while he continues to struggle as usual?

Maybe even a little more?

It's a bit like a father who announces that he has been substantially increased without this salary increase having the slightest impact on the lifestyle of the household.

This would raise legitimate questions.

Hence, the myriad of questions that Congolese are asking about this lack of nexus between the budget and the cost of living.

Did we of course have 16 billion?

My neighbor confirms that yes.

And that to refresh our failing memory, he reminds us that the Government had celebrated this almost quadrupling of the budget as a historic achievement.

A feat, not a fairy tale.

A miracle, not a mirage.

What is surprising is that with a budget three times smaller, things were going less badly than today.

It is to lose its Latin or - tropics oblige - its Lingala. Kokamwa!

(This is surprisingly).

mediacongo

Food for thought :unsure:

Frank :rolleyes:
 
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TheCount

Regular
Anyone else having the value of their AVZ portfolio reduced to zero? This from the ASX:-

Screenshot 2023-04-20 at 12.53.50 pm.png


Thanks, TC.
 
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