AVZ Discussion 2022
- Thread starter GazDix
- Start date
If the federal govt can invest a billion dollars of taxpayers' money in the Solar Sunshot program in order to strengthen Australia's domestic solar panel manufacturing, then it can damn well provide a mere $20 million to support AVZ's fight to the death against relentless Sino-Congo theft and corruption.Well our government could tell the DRC as a matter of national interest the Australian government is providing AVZ minerals with legal and financial support.
Think that wouldn’t help?
If only…
While we are late to the solar panel party, we are not late to the lithium party.
Cheers
F
"The mineral resources of the DRC are mostly underexploited or unexploited.At the DRC-China Economic Forum: Kizito PAKABOMBA reveals to investors the opportunities of the Congolese mining sector
The considerable assets of the Congolese mining sector were highlighted during the DRC-China Economic Forum held on Tuesday, September 3, 2024, in Beijing.
Very determined to bail out his sector, the Minister of Mines, Kizito PAKABOMBA, also presented to Chinese investors the many opportunities to be seized in the Democratic Republic of Congo.
He also reminded the participants in the Beijing forum that the mining sector is the main driver of economic growth and development in the DRC, directly contributing to the well-being of the populations.
Given the advantages of the mining sector, Kizito PAKABOMBA particularly insisted on the need to keep it attractive and competitive, capable of attracting foreign investment, particularly Chinese.
During a dedicated panel, the Minister invited Chinese investors to explore the opportunities offered in various areas such as digital, agriculture, sustainable infrastructure and cities, energy, manufacturing industries as well as the exploitation and local processing of natural resources.
"The mineral resources of the DRC are mostly underexploited or unexploited.
This reality has led the Government, through the Ministry of Mines, to adopt a development strategy based on three approaches: the discovery of new deposits, adding value to commercial mining products, and promoting investments in basic infrastructure," said Kizito PAKABOMBA.
He insisted on the fact that these approaches open up promising prospects for investors who see the DRC as a favorable destination for the development of profitable and sustainable projects.
Very lucid in his presentation, the Minister of Mines unveiled several strategic projects identified and budgeted, for which investors are actively sought.
These projects include:
- the establishment of a steelmaking entity in the great Orientale Province and in Kasai.
- the development of phosphate resources in Kongo-Central.
- the installation of a pyrometallurgical entity for the treatment of 3T.
- the development of geothermal deposits.
- the exploitation of common construction materials and industrial minerals.
- the establishment of a plant for the treatment of impure cobalt hydroxide to produce precursors for energy storage in lithium-ion batteries.
- the creation of a plant for the production of electrolytic manganese dioxide for the manufacture of batteries.
- the exploitation of nickel-chrome in Nkonko and Lutshatsha in the province of Kasai-Central, where resources have been estimated at 800 million tonnes of nickel ore at an average grade of 1.10%, and 13 million tonnes of chrome ore at a grade of 3.5%.
This first DRC-China economic forum, which opened on Monday, September 2 in Beijing, marks a crucial step in bilateral relations between the two countries.
"The mineral resources of the DRC are mostly underexploited or unexploited.
China, through some of its companies, has already been present in the Democratic Republic of Congo for several years, where it has been investing in the mining sector.
Several contracts were rediscussed and signed between the Congolese and Chinese governments last year.
mediacongo
That made be so, but the DRC govt has been extremely exploited by China and in turn, has instructed DRC Govt to severely exploite AVZ.
This first DRC-China economic forum, which opened on Monday, September 2 in Beijing, marks a crucial step in bilateral relations between the two countries.
Little ole AVZ, a mere pawn , stuck in a cesspool of subtofuge
dollarbills
Regular
The influence of the US and EU needs to be soon. Particularly if they are serious about critical minerals. The strengthening of BRICS and ever growing list of countries wanting membership is showing there is a large shift in political alliances and power. So if the US or EU want to flex their muscle they better do it before DRC align themselves fully with China and the BRICS alliance (DRC have already expressed interest at a previous summit).
Frank
Top 20
Forum on China-Africa Cooperation: President Félix Tshisekedi wants to strengthen the strategic partnership
President Félix-Antoine Tshisekedi took part, on Wednesday, September 4 in Beijing (China), in the official opening ceremony of the 9th Forum on China-Africa Cooperation, which is being held from September 4 to 6, 2024.
He participated, on the same Wednesday evening, in the traditional opening banquet of the Forum offered by President Xi Jinping.
About twenty Heads of State and Government also participated in this event, which highlights the rapprochement between China and Africa to meet development challenges and create a platform for maximizing opportunities for multilateral cooperation.
These meetings represent an opportunity for the DRC, the main destination for Chinese investments in Africa in 2023, to strengthen its strategic partnership with China, indicates the Presidency of the Republic.
They aim to expand common ground, strengthen friendship and promote China-Africa cooperation.
Chinese President Xi Jinping hailed the "glorious example" of China-Africa relations.
"We have worked together to build roads, railways, schools, hospitals, industrial parks and special economic zones.
These projects have changed the lives and destinies of many people," Xi said, noting that the China-Africa community with a shared future is distinguished by win-win cooperation.
FOCAC is a platform promoting relations between Africa and China.
For this ninth edition, the central theme is promoting modernization built on a China-Africa community with a shared future.
Through this conference, China aims to expand common ground, strengthen friendship and promote cooperation with the African continent.
China-Africa Forum: Xi Jinping proposes action plans to jointly advance modernization with Africa
Chinese President Xi Jinping said on Thursday that China is willing to work with Africa to implement 10 partnership action plans in the next three years to jointly promote modernization.
A third of the world's population lives in China and Africa.
There will be no global modernization without the modernization of China and Africa, Xi noted in his keynote speech at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC).
The 10 partnership action plans will cover the areas of mutual learning among civilizations, trade prosperity, industrial chain cooperation, connectivity, development cooperation, health, agriculture and livelihood, people-to-people and cultural exchanges, green development and common security, Xi said.
He proposed upgrading China-Africa relations to the level of an all-weather China-Africa community with a shared future in the new era.
He also proposed upgrading bilateral relations between China and all African countries that have diplomatic ties with China to a strategic level.
Thanks to nearly seven decades of painstaking efforts, China-Africa relations are now in the best period in history, Xi said.
Xi Jinping proposes action plans to jointly advance modernization with Africa.
mediacongo
Haha, so King Felix-the-corrupt proposes upgrading China-Africa relations to the level of an all-weather China-Africa community with a shared future in the new era
Unfortunately, his vision of a shared future is a bit different from China's, which is: We'll bribe you and your officials; we'll corrupt your agencies; we'll lie and cheat at every opportunity in order to steal your resources; we'll make promises that we have no intention of keeping; we'll manipulate the export figures in order to pay SFA in royalties and taxes; we'll use shoddy materials on every project; we'll under-pay your workers and treat your citizens as our personal slaves, we'll pollute your waterways and your aquifers; and finally we'll pack up and leave after looting your country and turning it into a wasteland.
Cheers
F
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And lets not forget African , Chinese mixed marriages soon , just saying
RHyNO
Regular
A welcome cold one!
I can only afford water.
Spikerama
Regular
I can only afford water.
Could be worse. You could be in Zaporizhzhia where police have been arresting three armed men next to the nuclear power plant.
Schnitzelfresser
Regular
Future: DRC cant pay back loans because they are takers, not creators. Chinese take ports, minerals for free, use the country to get more geo influence worldwide. Typical Chinese strategy.
BRICK
Top 20
Is there no one with a social conscious in the government hierarchy that wants to actually create a better country and pull their people out of poverty instead of creating extreme gains for a few elites and the people as a whole being indebted to external countries forever...?
Freakin lol
Interesting read, and a bit sobering too.
For some time I've wondered about the potential effect of lower spodumine prices on the value of future arbitral awards. Spodumine prices are already low, having come off their highs by 80-90% in two years, and they seem headed further south at least in the short term. African supplies are increasing, and they're all headed for China.
While Manono is large, homogenous and strategically important, (which has value) it is nonetheless a creature of the global contestable market and China's hegemony and manipulation.
And while AVZ is likely to prevail at the the international courts of arbitration, unfortunately we maybe we need to adjust our compensation expectations.
Go Blues
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