AVZ Discussion 2022

JNRB

Regular
Did someone mention pure DMS?????, without flotation? Let alone flotation only :cry::cry:

An interesting guy to follow on X. The poor bastards are going to be shitting bricks when AVZ is running up the hill (Kate Bush)

8



If a spodumene lithium miner can produce an SC6 product using DMS (dense media separation) with high recoveries, its the next best thing to having a money printer.

So why does a company such as $PLS need to use a combination of both DMS + Flotation? You'll probably need to understand some basics about DMS first. 👇

DMS is a very simple processing technique. It essentially separates minerals based on their density. Some typical densities for different minerals:

Quartz - 2.64 g/cm3
Feldspar - 2.58 g/cm3
Spodumene - 3.11 g/cm3
Iron Oxide - 5.24 g/cm3

The ore is first crushed to help liberate the spodumene from the other minerals. The ore is then placed into a DMS cyclone along with a HLS (heavy Liquid separation). The HLS generally has a density of 2.9g/cm3, slightly below the mineral you want to extract. The cyclone spins, the lighter minerals "float" through the HLS and the heavier minerals "sink" through it. Simple process! See below for a typical DMS.

That's why larger crystal sizes for spodumene are better, because they can be liberated (separated) from the waste materials with less crushing. Finer crystals are generally harder to separate from the junk material. They generally need to be crushed to powder in a ball mill and sent to flotation.

The main issue occurs when the spodumene can't be liberated from the junk (industry uses the term gangue) and if you imagine, if a sample is half spodumene and half feldspar, the new density will be (3.11+2.58)/2= 2.84g/cm3. So this will just float out with the junk and your recoveries will be bad!

4 products generally come out of a DMS.

1. A high grade spodumene concentrate
2. A low grade, waste product (lots of quartz and feldspar).
3. An intermediate product that contains composites of spodumene and waste.
4. Ore too small to be treated by DMS.

It is my understanding that $PLS introduced flotation to deal with points 3 and 4 above. Also, one of my previous posts I mentioned how $PLS purchased Altura Mining whose ore was quite coarse. They blend this ore with their own to improve the overall consistency of the feed grade.

$PLS are a well oiled machine with their processing. It will be interesting to see how companies such as $LTR go with pure flotation when they commission.

Ever wondered why some lithium hard rock companies are producing SC6 and others a product containing less lithium (SC5.5, etc.)? Here's why whilst I sip my morning coffee (the crema is amazing today). $PLS - SC5.5 $AKE - SC5.3 $MIN - SC6.0 First, understand that there are specifications set by converters that spodumene hard rock producers need to meet depending on how their product is graded. There are two main grades of spodumene concentrate: 1.) Chemical 2.) Technical A lot of people don't realise this but technical grade concentrate is more strict than chemical. Funnily enough, technical grade is used in glass and ceramics, and chemical is used for battery applications. I believe the current specifications (what is preferred by converters) for each grade are as follows: Chemical - (<0.8% Fe2O3, SC5.0-SC6.0) Technical - (0.15% to 0.5% Fe2O3, >SC6.5) Fe2O3 is iron oxide Li2O is lithium oxide It really is a balancing act between the recovery rates and meeting the above specifications. You could produce SC6 but if your waste content (iron, mica, etc.) is high, your recoveries are going to fall through the floor. Example: Say you've got a deposit that's li2O is 1.0%, 1.2% Fe2O3, a recovery rate of 75%. If you want to get SC6 and meet the specifications, you're going to need 8 tonnes of ore and you're going to have to deal with 9.6% Fe2O3!! An expensive process. Compare that with a company that has 1.5% li2O, 0.6% Fe2O3 and a recovery rate of 75%. They need 5.3 tonnes of ore to achieve SC6 and only have to deal with 3.2% Fe2O3... So companies will produce a product that gives them the most volume whilst still meeting the specifications. I should add that converters can still accept ore outside of these specs, but the high iron content will produce "clinkers" when they roast the spod at 1080degrees (a step in converting to hydroxide) which are difficult and costly to remove. Summary: Waste content (iron, mica, etc.) is extremely important for lithium miners! Make sure you study the met work before investing. No two deposits are equal.



Off to exchange library books at the old school house for a few hours - actually, for Friday night drinks with the locals. Don't taunt me with shit later tonight

Great post, very informative!
 
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This is a great idea, something we should push the AVZ charity to sponsor when we finally get mining !!


Agreed, and its Cominiere or more accurately Kibeya ($2M) & Lisette ($1.6M) soooooo in theory $31M as its second-hand, but also we must take away the money the thieves have stolen from the state = $27.4M. Deal.

Although in a fleeting moment of weakness, they could possibly take advantage by accepting $50M and a public apology from Kibeya wearing a dunce hat.
CKK's 2m bribe was on top of the 33m as far as I'm aware. This is something that is glossed over by Klaus and his ghouls on Twitter that like to harp on about PaTrIOtIsM. CKK literally took food out of the mouths of his countrymen to line his own pockets because he is a selfish fucking scumbag.



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Roon

Regular
That’s nice that he wants more for the DRC. By extension it also means that the DRC should ignore its own laws, both legislative (mining code), and contract law (the JV).

He’s actually undermining the idea of rules/based order and (presumably) inadvertently proving cover for those who want to break the rules for their own corrupt purposes.

He needs to either pull back from this nonsense, or advocate for changes to the mining code.
Carlos may have the answer on this, but I dont think DRC getting a bigger share is against the mining code. I thought it just said 10% free carried had to be ceded to the state on delivery of the PE. Don't think it says it can't be more.

Ivanhoe for instance ceded 20% free carried to the state for Kamoa Kakula.

The way I read that part of the mining code was for it to ensure that the government has a stake in all DRC mining projects

And from our JV side it says that Cominiere must cede a portion of its ownership to the state - didn't specify the percentage, probably in case it changed and needed to be more than 10%, or in case the state requested more a la Kamoa Kakula.
 
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I took it as he was trying to flesh-out (not to be confused with the popular fleshlight) the idea/reality that PR05 in his wisdom (insert sarcasm) has appointed those two dickheads to fix the colossus of a mess they have created. Time is ticking, ICC and ICSID approach's mmmmmmm ICSID.

He is aware we want justice, he is also aware that's not a DRC pastime, they much prefer bribes and keeping their populace in poverty. So in my braincell deficient opinion I think he was trying to in essence say/highlight we will need to deal with Corruptomiere and they will HAVE to deal with us too (as they are broke and we have ROFR in the JV), kinda obvious to many here but he is a reporter, so he is bringing the news to those unaware.

He is definitely not against us, but he is definitely for DRC. Franck on the other hand, has a special dislike for Chinese companies in DRC, Francks good, be like Franck 😂

TITS I hope you’re not getting soft, we don’t want you sugar coating things! 😉

@Xerof as far as JAG not telling anyone he’s Chinese, Cashy reckons he’s been selling lobsters 🦞 to them since they put tariffs on them, but just keep that between us 😉 Also don’t have too many margaritas at the library, remember what happened last time 🤣

@John25 how come your not at work 🤔

Someone earlier in the week who prefers to ask questions rather than doing any actual research himself was asking about whether Antoinette was coming to Aus to present at the Africa Down Under event, last I heard she was doing it via video link but I suggest that person get off his lazy arse and start posting information rather always asking for it.

That’s all the commentary I’ve got for a Friday, there’s usually some good joke teller’s sometimes turn up here on Friday, we could do with a few…. I’ve got to take the beagle - basset for a walk, he’s only got a bit over a week before he gets put down for telling bullshit

In the meantime this is all I’ve got….

An old bloke has been feeling off for a few weeks and finally decides to go to the doctors

Upon his arrival he notices how young and beautiful the receptionist is and daydreams about being young again and wishing he could be with someone like her

The doctor checks him out and is quite worried and decides to do some tests on the old bloke and tells him to come back in a week for the results

A week later the old bloke, feeling even worse, goes back for his results and again notices the young gorgeous receptionist

She shows him in to see the doctor and the doctor looks at the man and says “You’re results have come back and I have some good news and some bad news”

The old bloke says “Ok doc, give me the bad news”…. The doctor says “I’m afraid the results show you only have a week or two left to live”

“Oh no!!” said the old bloke, “what’s the good news”

The doctor says “See my receptionist out there, I’m rooting her”

PS I hope no one here actually thought I’d changed since the Mantle days

👊💥
 
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When will all of this end? In 8 days? latest October with the call for the ICC arbitration ? Or does the man in the wig agree to another extension? WHO KNOWS! But what I do know is that I'll need to find a bigger pineapple to plug my leaky arse
 
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wombat74

Top 20
When will all of this end? In 8 days? latest October with the call for the ICC arbitration ? Or does the man in the wig agree to another extension? WHO KNOWS! But what I do know is that I'll need to find a bigger pineapple to plug my leaky arse
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cruiser51

Top 20
When will all of this end? In 8 days? latest October with the call for the ICC arbitration ? Or does the man in the wig agree to another extension? WHO KNOWS! But what I do know is that I'll need to find a bigger pineapple to plug my leaky arse
Maybe you gotta use more Vaseline to obtain a better seal.
 
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Pokok

Regular
TITS I hope you’re not getting soft, we don’t want you sugar coating things! 😉

@Xerof as far as JAG not telling anyone he’s Chinese, Cashy reckons he’s been selling lobsters 🦞 to them since they put tariffs on them, but just keep that between us 😉 Also don’t have too many margaritas at the library, remember what happened last time 🤣

@John25 how come your not at work 🤔

Someone earlier in the week who prefers to ask questions rather than doing any actual research himself was asking about whether Antoinette was coming to Aus to present at the Africa Down Under event, last I heard she was doing it via video link but I suggest that person get off his lazy arse and start posting information rather always asking for it.

That’s all the commentary I’ve got for a Friday, there’s usually some good joke teller’s sometimes turn up here on Friday, we could do with a few…. I’ve got to take the beagle - basset for a walk, he’s only got a bit over a week before he gets put down for telling bullshit

In the meantime this is all I’ve got….

An old bloke has been feeling off for a few weeks and finally decides to go to the doctors

Upon his arrival he notices how young and beautiful the receptionist is and daydreams about being young again and wishing he could be with someone like her

The doctor checks him out and is quite worried and decides to do some tests on the old bloke and tells him to come back in a week for the results

A week later the old bloke, feeling even worse, goes back for his results and again notices the young gorgeous receptionist

She shows him in to see the doctor and the doctor looks at the man and says “You’re results have come back and I have some good news and some bad news”

The old bloke says “Ok doc, give me the bad news”…. The doctor says “I’m afraid the results show you only have a week or two left to live”

“Oh no!!” said the old bloke, “what’s the good news”

The doctor says “See my receptionist out there, I’m rooting her”

PS I hope no one here actually thought I’d changed since the Mantle days

👊💥
Husband asked his wife if I won lotto what would you do
Wife said I would take half and leave you
Husband said ok great I won $30.00 here is $15 stay in touch
 
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John25

Regular
ffs @JAG, I never knew you were a chinese troll. Why the fuck didn't you say something?
Now we’re joining the dots ….Who knew🤷‍♂️😛
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Xerof

Biding my Time 1971
TITS I hope you’re not getting soft, we don’t want you sugar coating things! 😉

@Xerof as far as JAG not telling anyone he’s Chinese, Cashy reckons he’s been selling lobsters 🦞 to them since they put tariffs on them, but just keep that between us 😉 Also don’t have too many margaritas at the library, remember what happened last time 🤣

@John25 how come your not at work 🤔

Someone earlier in the week who prefers to ask questions rather than doing any actual research himself was asking about whether Antoinette was coming to Aus to present at the Africa Down Under event, last I heard she was doing it via video link but I suggest that person get off his lazy arse and start posting information rather always asking for it.

That’s all the commentary I’ve got for a Friday, there’s usually some good joke teller’s sometimes turn up here on Friday, we could do with a few…. I’ve got to take the beagle - basset for a walk, he’s only got a bit over a week before he gets put down for telling bullshit

In the meantime this is all I’ve got….

An old bloke has been feeling off for a few weeks and finally decides to go to the doctors

Upon his arrival he notices how young and beautiful the receptionist is and daydreams about being young again and wishing he could be with someone like her

The doctor checks him out and is quite worried and decides to do some tests on the old bloke and tells him to come back in a week for the results

A week later the old bloke, feeling even worse, goes back for his results and again notices the young gorgeous receptionist

She shows him in to see the doctor and the doctor looks at the man and says “You’re results have come back and I have some good news and some bad news”

The old bloke says “Ok doc, give me the bad news”…. The doctor says “I’m afraid the results show you only have a week or two left to live”

“Oh no!!” said the old bloke, “what’s the good news”

The doctor says “See my receptionist out there, I’m rooting her”

PS I hope no one here actually thought I’d changed since the Mantle days

👊💥

@MoneyBags1348

love it mate, back from the library, swapped 15 Lee Childs books, (fuck Jack Reacher, he is actually a lot shorter than me 👊👊💥💥), for some very old John Fowles books - he's dead now, but his stories weave some magic.

Actually no, books are just a cover story:rolleyes:

I had a six pack of Sawmill IPA crafts, then one of my community mates plied me with some random Italian red, which was shit, so I've come home and poured a Margarita or two, based on my infamous recipe for 6 - maybe 2 left for tomorrow

I'd be listening to the Bassett mate - think he has a good solid story to tell, but you're right, have him put down next Monday if you think he's barking mad

@wombat74 you realise that AVZ has the sunglasses this time?

8, only 5 Monday

Kia kaha bros

I don't have any jokes at the moment - working on it
 
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oxxa23

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Frank

Top 20
Wow, $300k just to get a foot in the door:eek::eek::eek:.............so you get royally fucked over prior to a ICC arbitration date, then get royally fucked over to get a hearing.........:(

View attachment 43480
Speaking of being "Royally Fucked Over" 🇨🇳

I see where the Watch Dog is still Barking Mad at the Yellow Peril ( Sicomines ) screwing the DRC :eek: (y) :mad:

Sicomines: Jules Alingete wants a contract revised to 20 billion dollars

The Chinese contract must increase from 3 to 20 billion dollars, according to the IGF for a better re-balancing between the DRC and the Chinese Enterprise Group.

Jules Alingete is keen on a binding commitment of $17 billion in additional investment from GEC.

Storm warning for Sicomines. Faced with the intransigence of Jules Alingete, the Chinese managers of Sicomines are threatening to send a large section of Congolese staff back on technical leave.

Friendship yes… But not silliness, braces the IGF

In the tempestuous negotiations on the revisitation of the Chinese contract, mines versus infrastructure, President Félix Tshisekedi recommended a dose of consideration of the eternal Sino-Congolese friendship.

Certainly.

However, the intractable Jules Alingete Key, head of the General Inspectorate of Finance (IGF), does not expect to give in to the Chineseness of the firms of the Middle Kingdom, which would do a little too much...

The Chinese are plotting stratagems of resisting any amendment.

Started in June 2023, the negotiations on the revisitation of the famous barter mark more steps than points.

Yellow Peril

On July 10, the temperate Jules Alingete moved up a notch on the scale of ire, disconcerted by the haughty attitude of the delegates from Chinese companies, Crec, Sinohydro and Exim Bank.

That day, leaving the Palais de la Nation – the equivalent of the White House in the DRC – the head of the IGF department took offense at what he described as yellow neo-colonialism to which , according to him, the Congolese will not be able to submit.

At the end of February, the report from the General Inspectorate of Finance denounced the unbalanced nature of this Chinese contract concluded during the time of Joseph Kabila, 15 years ago.

Not only did Sicomines, the joint venture created by the Chinese Enterprise Group (GEC) and Gécamines, hardly bring in “a few billion dollars” as the first minister, Matata Ponyo, boasted in May 2012 in front of the National Assembly, but above all a number of infrastructures, for which the Chinese side was entitled to draw cobalt and copper from the Katangese copper belt, and no doubt other undeclared related minerals, have not experienced the beginning of start of investments in infrastructure.

Non-compliance with commitments

These include 3,000 km of railways, 31 hospitals with 150 beds and 145 health centers in each of 145 territories of the DRC.

The initial value of all the projects agreed in this barter was 6.5 before being reduced by more than half, to 3 billion dollars, following pressure from the IMF, and behind the scenes, from Western countries.

However, Jules Alingete deplores that the DRC has brought into the mixed economy mining society, in addition to deposits valued at more than 50 billion dollars, a tax exemption regime which has hardly had the expected effects.

While Chinese companies have already made more than $10 billion in profits as part of this partnership!

The DRC has until now only been content with small fry, infrastructure valued at 822 million dollars, the rest overcharged, according to the IGF.

For Jules Alingete's service, considering the contributions of each party in Sicomines, it is crystal clear that the DRC has been cheated, because its shares are established at 32% compared to 68 for the GEC.

The DRC wants to regain its rights

Thus Jules Alingete and his IGF mobilize the strategic committee engaged in negotiations with the Chinese not to waver as the DRC's demands are all well-founded.

The strategic committee includes in particular the ministers of Infrastructure, Budget, Finance, Mines, Gécamines, the Steering Agency for coordination and monitoring of the collaboration agreement signed between the DRC and private partners (APCSC), the secretariat executive of the Extractive Industries Transparency Initiative (EITI) and naturally of the IGF.

Jules Alingete is keen to obtain substantial financial compensation for the grievances raised in the Chinese contract.

And these damages must be accompanied, firstly, by a change in the distribution of capital and profits in Sicomines.

Secondly, the mining joint venture must be based on a new balanced distribution of responsibilities as well as an increase in the amount of Chinese investments in infrastructure, at least by doubling, i.e. from 3 to 6 billion dollars in the short term, before to bring the bill to $17 billion.

Third, respecting deadlines in the construction and delivery of agreed infrastructure.

On the Chinese side, failing to veto Jules Alingete's claims, they seem to be building a wall around the advantages acquired during Kabila's time.

Another time, other customs, we respond to the IGF.

.mediacongo


1693559187089.jpeg
 
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Winenut

Go AVZ!
Speaking of being "Royally Fucked Over" 🇨🇳

I see where the Watch Dog is still Barking Mad at the Yellow Peril ( Sicomines ) screwing the DRC :eek: (y) :mad:

Sicomines: Jules Alingete wants a contract revised to 20 billion dollars

The Chinese contract must increase from 3 to 20 billion dollars, according to the IGF for a better re-balancing between the DRC and the Chinese Enterprise Group.

Jules Alingete is keen on a binding commitment of $17 billion in additional investment from GEC.

Storm warning for Sicomines. Faced with the intransigence of Jules Alingete, the Chinese managers of Sicomines are threatening to send a large section of Congolese staff back on technical leave.

Friendship yes… But not silliness, braces the IGF

In the tempestuous negotiations on the revisitation of the Chinese contract, mines versus infrastructure, President Félix Tshisekedi recommended a dose of consideration of the eternal Sino-Congolese friendship.

Certainly.

However, the intractable Jules Alingete Key, head of the General Inspectorate of Finance (IGF), does not expect to give in to the Chineseness of the firms of the Middle Kingdom, which would do a little too much...

The Chinese are plotting stratagems of resisting any amendment.

Started in June 2023, the negotiations on the revisitation of the famous barter mark more steps than points.

Yellow Peril

On July 10, the temperate Jules Alingete moved up a notch on the scale of ire, disconcerted by the haughty attitude of the delegates from Chinese companies, Crec, Sinohydro and Exim Bank.

That day, leaving the Palais de la Nation – the equivalent of the White House in the DRC – the head of the IGF department took offense at what he described as yellow neo-colonialism to which , according to him, the Congolese will not be able to submit.

At the end of February, the report from the General Inspectorate of Finance denounced the unbalanced nature of this Chinese contract concluded during the time of Joseph Kabila, 15 years ago.

Not only did Sicomines, the joint venture created by the Chinese Enterprise Group (GEC) and Gécamines, hardly bring in “a few billion dollars” as the first minister, Matata Ponyo, boasted in May 2012 in front of the National Assembly, but above all a number of infrastructures, for which the Chinese side was entitled to draw cobalt and copper from the Katangese copper belt, and no doubt other undeclared related minerals, have not experienced the beginning of start of investments in infrastructure.

Non-compliance with commitments

These include 3,000 km of railways, 31 hospitals with 150 beds and 145 health centers in each of 145 territories of the DRC.

The initial value of all the projects agreed in this barter was 6.5 before being reduced by more than half, to 3 billion dollars, following pressure from the IMF, and behind the scenes, from Western countries.

However, Jules Alingete deplores that the DRC has brought into the mixed economy mining society, in addition to deposits valued at more than 50 billion dollars, a tax exemption regime which has hardly had the expected effects.

While Chinese companies have already made more than $10 billion in profits as part of this partnership!

The DRC has until now only been content with small fry, infrastructure valued at 822 million dollars, the rest overcharged, according to the IGF.

For Jules Alingete's service, considering the contributions of each party in Sicomines, it is crystal clear that the DRC has been cheated, because its shares are established at 32% compared to 68 for the GEC.

The DRC wants to regain its rights

Thus Jules Alingete and his IGF mobilize the strategic committee engaged in negotiations with the Chinese not to waver as the DRC's demands are all well-founded.

The strategic committee includes in particular the ministers of Infrastructure, Budget, Finance, Mines, Gécamines, the Steering Agency for coordination and monitoring of the collaboration agreement signed between the DRC and private partners (APCSC), the secretariat executive of the Extractive Industries Transparency Initiative (EITI) and naturally of the IGF.

Jules Alingete is keen to obtain substantial financial compensation for the grievances raised in the Chinese contract.

And these damages must be accompanied, firstly, by a change in the distribution of capital and profits in Sicomines.

Secondly, the mining joint venture must be based on a new balanced distribution of responsibilities as well as an increase in the amount of Chinese investments in infrastructure, at least by doubling, i.e. from 3 to 6 billion dollars in the short term, before to bring the bill to $17 billion.

Third, respecting deadlines in the construction and delivery of agreed infrastructure.

On the Chinese side, failing to veto Jules Alingete's claims, they seem to be building a wall around the advantages acquired during Kabila's time.

Another time, other customs, we respond to the IGF.

.mediacongo


View attachment 43584

Frank you deserve a medal for staying on track, on message and providing info to the group

More power to you :cool:
 
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oxxa23

Regular
Frank you deserve a medal for staying on track, on message and providing info to the group

More power to you :cool:
$15.08 on eBay

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wombat74

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Frank

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Frank

Top 20
Yes, I too read that and thought WTF :ROFLMAO:

Don't worry Dave set em' straight on a few things (y)

 
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John25

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Welcome to Saturday 😉😛🤓
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