AVZ Discussion 2022

[Frank]

Deal between USA and Gecamines/Japan is a significant deal - no way USA is going to build the Lobito Corridor if Zijin is the beneficiary?

Thanks for Sharing Franck I shared it across on crapper hope you don't mind

DRC / Felix must be Fuming / Totally embarrassed by this recent News, might be the "Kick up their Corrupted Clacker" they need, as

Rwanda and Rio Tinto:
Lithium agreement, a major breakthrough, but what about the DRC?

As Rwanda recently signed a historic deal with mining giant Rio Tinto for the exploitation of lithium, a crucial element in battery manufacturing, a crucial question emerges:

Why is the Democratic Republic of Congo, holding the largest reserves of superior quality lithium, does it not succeed in attracting global giants to develop its most strategic mining resources?

This agreement between Rwanda and Rio Tinto marks a significant step forward, offering Rwanda the opportunity to become a major player in the global lithium market.

The DRC, despite its leading position in lithium reserves, has not attracted the same level of investment and attention from global mining giants.

Several factors could explain this disparity.

First of all, political stability and legal certainty are major concerns for international investors.

The DRC has historically faced challenges related to governance, political instability and security, factors that deter potential investors.

Additionally, environmental issues, human rights concerns and logistical challenges may also impact the decision of global companies to engage in mining in the DRC.

Despite its natural wealth, the DRC must overcome these obstacles to attract significant and sustainable investments in the mining sector.

It is imperative that the DRC authorities commit to creating an environment conducive to investment, with a focus on transparency, environmental sustainability, corporate social responsibility and political stability.

Additionally, regulatory and institutional reforms to strengthen governance and ensure legal certainty for foreign investors are essential to attract global mining giants.

As Rwanda takes significant steps towards exploiting its mineral resources, the DRC has the opportunity to take advantage of its abundant wealth of lithium and other strategic minerals by establishing the conditions conducive to fruitful partnerships with global players in the mining sector.

Such a development would promise mutual benefits for both the DRC and international investors, while contributing to the country's sustainable development and economic growth.

mediacongo


*Notice there was No mention of what C stands for in DRC ( Corruption )

I guess they value their Jobs too much at

 

[Remark]

 

[Rediah]

 

[BRICK]

View attachment 56268

Clerical fucking error??

You cant make this shit up

 

[hedrox]

Must be a frikken Chinese hacker trying to turn around ISCID proceedings...

 

[TheCount]

View attachment 56268

Anyone got Snowden's phone number? If not, Assange's? Oh well, off to TOR again.....
TC.

 

[mikejoho]

Ha!...if only that Clerk knew the amount of hypothesizing, angst, retorts, finger pointing, name-calling, hooting and ...tolating, caused by this error on HC. He should be promoted!

 

[BRICK]

Oh well, new t shirts for this years AGM?

 

[Spikerama]

Nearly got 20 million folks. Good for legal battles. Let's see if we can double it.

DRC ICC Penalty Calculator 2.0

Calculates the amount of penalties the DRC has incurred since the first & 2nd violation of the ICC court ruling

drc-icc-penalty-counter-2.netlify.app

 

[Pokok]

Nearly got 20 million folks. Good for legal battles. Let's see if we can double it.

DRC ICC Penalty Calculator 2.0

Calculates the amount of penalties the DRC has incurred since the first & 2nd violation of the ICC court ruling

drc-icc-penalty-counter-2.netlify.app

20 million what ? might as well be peanuts and then lucky to get 1/4 brown bag full

 

[wombat74]

Oh well, new t shirts for this years AGM?

View attachment 56270

Gee that would be an interesting AGM . A room full of SH that now know they have lost all their money after being f--ked around for 2 and half years .

 

[Scoota30]

Nearly got 20 million folks. Good for legal battles. Let's see if we can double it.

DRC ICC Penalty Calculator 2.0

Calculates the amount of penalties the DRC has incurred since the first & 2nd violation of the ICC court ruling

drc-icc-penalty-counter-2.netlify.app

$30M AUD - why are we not stopping the clock and asking for it to be paid out now? It puts more pressure on them and if for some reason it got paid to us (IDGAF if its via Zijin), it would help fund us. Why continue to let it roll? If we negotiate a deal, you can be sure this "fine" vanishes from existence.

 

[CHB]

$30M AUD - why are we not stopping the clock and asking for it to be paid out now? It puts more pressure on them and if for some reason it got paid to us (IDGAF if its via Zijin), it would help fund us. Why continue to let it roll? If we negotiate a deal, you can be sure this "fine" vanishes from existence.

I wondered the same thing.

I actually thought someone had said that we would only get paid at the end of the cases and that we couldn't just get it paid out when we want.

Not sure if accurate or not.

 

[tonster66]

That clock has been set by us on TSE, there has been no judgement by the ICC as far as I am aware

 

[Scoota30]

We have to request enforcement of the injunction to receive payment - but then the clock stops ticking and we get paid whatever the amount is.

 

[Carlos Danger]

Nearly got 20 million folks. Good for legal battles. Let's see if we can double it.

DRC ICC Penalty Calculator 2.0

Calculates the amount of penalties the DRC has incurred since the first & 2nd violation of the ICC court ruling

drc-icc-penalty-counter-2.netlify.app

20 million what ? might as well be peanuts and then lucky to get 1/4 brown bag full

$30M AUD - why are we not stopping the clock and asking for it to be paid out now? It puts more pressure on them and if for some reason it got paid to us (IDGAF if its via Zijin), it would help fund us. Why continue to let it roll? If we negotiate a deal, you can be sure this "fine" vanishes from existence.

That clock has been set by us on TSE, there has been no judgement by the ICC as far as I am aware

 

[Doc]

I thought 9card was back posting ( directly ) you bastard lol

 

[Scoota30]

View attachment 56273

My wall at home now has a hole in it from me banging my head against it.... Maybe i am interpretting it wrong because i didn't attend Tsinghua University School of Law but it doesn't fill me with confidence that any actual enforcement will occur from their own emergency injunctions. What is the point of a court of law if they can't even enforce their own injuctions that they have jurisdiction over??

 

[wombat74]

My wall at home now has a hole in it from me banging my head against it.... Maybe i am interpretting it wrong because i didn't attend Tsinghua University School of Law but it doesn't fill me with confidence that any actual enforcement will occur from their own emergency injunctions. What is the point of a court of law if they can't even enforce their own injuctions that they have jurisdiction over??

View attachment 56278 View attachment 56279 View attachment 56280

Yeh it's a wet f--king blanket .

 

[Frank]

Deal between USA and Gecamines/Japan is a significant deal - no way USA is going to build the Lobito Corridor if Zijin is the beneficiary?

Thanks for Sharing Franck I shared it across on crapper hope you don't mind

​

To add, I see where,

Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor​

Canada’s Ivanhoe Mines and commodities trader Trafigura inked on Wednesday deals to transport copper by rail from the Democratic Republic of Congo to neighbouring Angola’s port of Lobito.

The agreements make the companies the first long-term users of the Lobito Atlantic railway corridor, an initiative backed by the US government as part of its stated ambition to challenge China’s dominance of critical raw materials.

The Biden administration has commited $250 million to revitalize the century-old rail line linking key African mines to the Atlantic Ocean port of Lobito.

It is also funding a study to connect the railway into Zambia, as part of another project expected to cost $1.6 billion.

The agreement with Ivanhoe gives it the right to transport between 120,000 and 240,000 tonnes of blister-anode or concentrate per year from Kamoa-Kakula along the Lobito Corridor.

It outlines a minimum term for the agreement of five years starting in 2025, following a ramp-up year in 2024.

Ivanhoe sent in January a trial shipment of copper concentrate from its Kamoa-Kakula copper complex in the DRC to the port of Lobito using the new railway.

The deals inked Wednesday extend the initial trial shipments, announced in August last year, with up to a further 10,000 tonnes to be transported along the Lobito Corridor this year.

“The transformative economic corridor will unlock more copper projects due to the lower logistical costs,” Ivanhoe Mines’ founder and executive co-chairman, Robert Friedland, said in a statement.

“Cheaper logistics increase the amount of economically recoverable copper across the Copperbelt, as cut-off grades can be lowered.”

The Lobito Atlantic Railway consortium, comprising Trafigura, Mota-Engil and Vecturis, was awarded in 2022 a 30-year concession for the operation, management and maintenance of both the rail line and the port.

“Trafigura has now signed a term sheet over a minimum term of six years, supporting the consortium’s aim to grow the volumes on the corridor so that it becomes the leading rail transport link in sub-Saharan Africa,” the group’s chairman and chief executive, Jeremy Weir, said.

Trafigura’s allocation of export capacity on the Lobito Atlantic Railway will be up to 450,000 tonnes per annum from 2025, it said in a separate statement.

According to the commodities trader, the Lobito Atlantic Railway concessionaires have plans to increase the export capacity of the line to one million tonnes per year by 2030.

mining.com

Food for thought

Frank