Hodlandwin69
Regular
Maybe us AVZ investors can go volunteer to fight against M23, then maybe Felix will give us the ML
AVZ Discussion 2022
- Thread starter GazDix
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Just some interesting weekend reading:
Stu RobartsJuly 20, 2023
Russia’s invasion and continued occupation of Ukraine could disrupt efforts to transition the world to a low-carbon economy due to the significance of both countries in terms of critical minerals, suggests new analysis from Energy Monitor’s parent company GlobalData.
The supply of minerals critical to the manufacture of green energy technologies – such as wind turbines, electric vehicle motors and other electronic devices – is key to countries lowering greenhouse gas emissions and achieving net-zero targets.
However, the Russia-Ukraine war has diverted interest from untapped reserves in these countries that could be used to mitigate forecast shortages.
Russia has the fourth-largest reserves in the world and, prior to its invasion of Ukraine in February 2022, was seeking to become the second-largest rare earth element producer after China. These plans appear to have been frozen, though, while the country remains entangled in a war that has lasted longer and been more costly than it expected.
Preliminary estimates from Ukrainian researchers, meanwhile, suggest the country could hold the largest reserves of lithium in Europe at around 500,000 tonnes. Before Russia’s invasion, licences had been issued to explore Ukraine’s reserves of lithium, which among other things is essential for the manufacture of electric vehicle batteries.
As outlined in GlobalData’s new critical minerals report, among the reserves in Ukraine are the Shevchenkivske field in the Donetsk region and the Kruta Balka block in the Zaporizhzhia region, both located close to areas of conflict with Russia.
“Ukraine’s untapped lithium assets could be influential in the EU’s ambitions to secure diverse mineral supply chains to accelerate its domestic technology and energy transition industries,” says Isabel Al-Dhahir, a senior analyst in GlobalData’s thematic intelligence unit and author of the report.
“However, the breakout of war saw companies halt their plans for exploring reserves in affected areas, with supply issues exacerbated by the prevalence of certain minerals only in some areas of the world.”
One notable example of this was the collapse of the 2021 agreement by Australian company European Lithium to buy Petro Consulting from the Polish-Ukrainian investment company Millstone.
In the meantime, demand for critical minerals is accelerating, highlighting the need for new reserves to be tapped.
“The speed at which demand for energy transition technologies is rising is putting a lot of pressure on the availability of raw materials and key minerals,” notes Barbara Monterrubio, a managing analyst for energy at GlobalData. “This could lead to a supply shortage and increasing costs for available minerals. Further batteries developments and the use of new materials across power generation technologies, such as solar and wind, could [help] alleviate mineral shortages.”
Stu RobartsJuly 20, 2023
Russia-Ukraine war risks hampering transition to global low-carbon economy
Russia is home to some of largest rare earth reserves in the world, while preliminary estimates suggest Ukraine holds Europe’s largest lithium reserves.Russia’s invasion and continued occupation of Ukraine could disrupt efforts to transition the world to a low-carbon economy due to the significance of both countries in terms of critical minerals, suggests new analysis from Energy Monitor’s parent company GlobalData.
The supply of minerals critical to the manufacture of green energy technologies – such as wind turbines, electric vehicle motors and other electronic devices – is key to countries lowering greenhouse gas emissions and achieving net-zero targets.
However, the Russia-Ukraine war has diverted interest from untapped reserves in these countries that could be used to mitigate forecast shortages.
Russia has the fourth-largest reserves in the world and, prior to its invasion of Ukraine in February 2022, was seeking to become the second-largest rare earth element producer after China. These plans appear to have been frozen, though, while the country remains entangled in a war that has lasted longer and been more costly than it expected.
Preliminary estimates from Ukrainian researchers, meanwhile, suggest the country could hold the largest reserves of lithium in Europe at around 500,000 tonnes. Before Russia’s invasion, licences had been issued to explore Ukraine’s reserves of lithium, which among other things is essential for the manufacture of electric vehicle batteries.
As outlined in GlobalData’s new critical minerals report, among the reserves in Ukraine are the Shevchenkivske field in the Donetsk region and the Kruta Balka block in the Zaporizhzhia region, both located close to areas of conflict with Russia.
“Ukraine’s untapped lithium assets could be influential in the EU’s ambitions to secure diverse mineral supply chains to accelerate its domestic technology and energy transition industries,” says Isabel Al-Dhahir, a senior analyst in GlobalData’s thematic intelligence unit and author of the report.
“However, the breakout of war saw companies halt their plans for exploring reserves in affected areas, with supply issues exacerbated by the prevalence of certain minerals only in some areas of the world.”
One notable example of this was the collapse of the 2021 agreement by Australian company European Lithium to buy Petro Consulting from the Polish-Ukrainian investment company Millstone.
In the meantime, demand for critical minerals is accelerating, highlighting the need for new reserves to be tapped.
“The speed at which demand for energy transition technologies is rising is putting a lot of pressure on the availability of raw materials and key minerals,” notes Barbara Monterrubio, a managing analyst for energy at GlobalData. “This could lead to a supply shortage and increasing costs for available minerals. Further batteries developments and the use of new materials across power generation technologies, such as solar and wind, could [help] alleviate mineral shortages.”
DR Congo leaders want more from Beijing than mineral sales
www.voanews.com
I am wondering if this could be the first 2 billion$ AVZ could claim for compo...
FT's 2nd term finishes after the 3 years, no need to commit to spending after that 3 years term, and FT is off to the races.
I would say no need for him to stay in the DRC, too corrupt and too dangerous. Will be an exodus of the T clan.
I don't think he will be welcome to retire in Belgium, it could well be smart to start learning mandarin as a second language.
Remark
Top 20
Forgive me if this has already been posted here.
Never a dull moment in DRC politics...
https://x.com/JusticeGouvCD/status/1832491719658504262
Never a dull moment in DRC politics...
https://x.com/JusticeGouvCD/status/1832491719658504262
CashKing
Regular
Too many Pfizer Jabs
Retrobyte
Hates a beer
Xerof
Biding my Time 1971
Well, here's an interesting parallel universe
A couple of years ago, the head of Cameroon's equivalent of DRC's Cominiere granted tenement exploration rights to a chinese company, when in fact Canyon, an Australian company legally held them and had applied for renewal. Upon discovering this CAY immediately approached the MoM in Cameroon, who correctly overturned the chinese deal, and renewed for CAY, all within 24 hours.
Regrettably, within a few months the MoM died under mysterious circumstances, apparently poisoning being the cause of death.
A couple of years ago, the head of Cameroon's equivalent of DRC's Cominiere granted tenement exploration rights to a chinese company, when in fact Canyon, an Australian company legally held them and had applied for renewal. Upon discovering this CAY immediately approached the MoM in Cameroon, who correctly overturned the chinese deal, and renewed for CAY, all within 24 hours.
Regrettably, within a few months the MoM died under mysterious circumstances, apparently poisoning being the cause of death.
Cumquat Cap
Regular
Company behind these original thefts and subsequent murder was a Chinese entity based out of Singapore called Coconut Logic, wonder if they’ve been consulted by Zijin or this is standard practice out of our Chinese friends. Cominiere bragging on weekend the avz file is empty after MoJ office broken into and MoJ subsequently poisened over weekend is fishy to say the least (fish heady I should say keeping with the Chinese theme)
saw the update about poisoning but not about the break in and cominiere bragging about it, wtf is going on over there? Its so hard to believe but I no longer doubt this sort of shite happens in the DRC, seemingly all with the blessing from the highest levels of government. I wonder if/how this will further impact avz.
Thats a rap ,, my cat just shot through to the rice fields after seeing this photo
Complete translation of previous item:
KIKI KIENGE
@KiengeKki
As in the case of #Manono #lithium where the #DRC risks paying US$10 billion, in the VERIDOS affair, the Congo is negotiating with the Germans so as not to pay US$750 million. Translated from French by Google
As in the case of #lithium of #Manono where #RDC risks
paying 10 billion $US, in the VERIDOS affair, Congo negotiates
with the Germans to avoid paying 750 million SUS.
Was this translation accurate? Give us feedback so we can improve:
CEA SEP/2024/TH
RDC/ICC
THE EYE on Africa MWENGE:
analysis platform on African issues
analysis platform on African issues
The DRC risks paying SUS 750,000,000 in the event of a conviction by the Paris Arbitration Court (ICC) in the VERIDOS case
ICC, INTERNATIONAL CHAMBER OF COMMERCE
By Kiki Kienge
On August 19, 2021, the Minister of Primary, Secondary and Technical Education (EPST), Tony Mwaba Kazadi, gave his agreement to the international firm, in a 2017 project with the German company VERIDOS, to provide its expertise in the student identification project.
This project should make it possible to know the exact number of students in establishments, both public and private, across the entire national territory, with a view to accommodating the vision of the Head of State on the recovery of this sector.
After the Kinshasa authorities failed to comply with this contract with VERIDOS, the Germans filed a complaint before the Paris arbitration court.
On January 30, 2024, INCC sent a notification to the power of Kin Kinshasa on the complaint file, something which prompted Jean-Louis Esambo, special advisor on security matters of the President Félix Tshisekedi, to react by requesting the creation of a commission between both parties in search of a solution.
On January 17 of this year, the Paris Court notified the Congolese authorities of Jean-Louis Esambo Kangashe as special security advisor to President Félix Tshisekedi.
Even the cabinet of the new Prime Minister Judith Suminwa, on July 8, 2024, by the way of his director, requested a meeting with the Germans for Lukoki Nsimba requested a meeting with the leaders of Veridos to assess the situation of the contract
In the event of sanction from ICC, DR Congo risks paying US$250 million, plus US$570 million in damages, for a total of at least US$750 million.
But from our sources, some Congolese linked to this affair and linked to power current, would be for the DR Congo to be sanctioned, so it would have their retro commission.
kikikienge a gmail.com
4:46 AM Sep 10, 2024 272 Views
RHyNO
Regular
Brutal for us if true. Fucking brutal.
Remark
Top 20
"If true" is the important part of this.
How about they start negotiations with AVZ NOW to avoid payments in the future
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