BRICK
Top 20
Lars. Such a shame. Must have terrible chaffing.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
TheGermanOne
Member
All we can do is to raise as much awareness as possible in the media. My repetitive posting seems boring but necessary imo
Simplified yes but not misleading. Accurate within the relevance to the topic of the post.
The point is that these people can (and are willing to) get together HUGE amounts of money when they decide they want something.
Rechnerhand
Emerged
Zijin Mining "ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024"-Report ...
- no finding in the >100pages report for "Jinxiang Lithium Limited" ...
--> basically Zijin Mining’s overseas subsidiary with a 61% interest in Manono Lithium SAS by their own page ... the table below shows meanwhile another stake %.
- no words about granted PE back in September'24
... but finally they "found" something and "calculated" in CDL area ... I guess (do not forget the Tin!)
- no finding in the >100pages report for "Jinxiang Lithium Limited" ...
--> basically Zijin Mining’s overseas subsidiary with a 61% interest in Manono Lithium SAS by their own page ... the table below shows meanwhile another stake %.
- no words about granted PE back in September'24
... but finally they "found" something and "calculated" in CDL area ... I guess (do not forget the Tin!)
Winenut
Go AVZ!
That’s what happens when you illegally steal shit….you’re never quite sure of the numbers
BRICK
Top 20
Steal it first then calculate later
Mute22
Regular
I'm sure they know, but don't want to put a public number out there for obvious reasons.
Re: Will CATH (CATL) make a play for Roche Dure?
CATL owns and operates a lithium (lepidolite) mine in Jiangxi province, China. Lepidolite, as we know, is a low-grade lithium ore that requires additional processing to remove impurities and bring it up to battery grade carbonate. Processing is expensive and environmentally challenging.
It is Chinese government policy to utilise domestic lepidolite ahead of imported hydroxide or carbonate in order to put pressure on the price of imported concentrate. Nonetheless, CATL still imports concentrate from a range of international mines to address the domestic shortfall.
In addition, Zijin Mining recently purchased a 70% stake in the high-grade Lakkor Tso Lithium Project in Tibet. Presumably CATL will use at least some of this concentrate as feedstock for its battery manufacturing facilities in Sichuan and beyond.
It makes sense that CATL is interested in Manono for economic and supply security reasons. However Chinese energy policy counters this, which potentially puts CATL and Chinese policy makers in a conflicting position.
I do not have the answer to this apparent contradictory position, and I do not know if CATH (or CATL) will make a pitch for Roche Dure. However, even without taking US-China geo-politics into account, the expected up-swing in demand for lithium over the next five years may ultimately force their hand.
Three potential bidders is always better than two any day.
Just thinking out aloud (again).
Cheers
F
CATL owns and operates a lithium (lepidolite) mine in Jiangxi province, China. Lepidolite, as we know, is a low-grade lithium ore that requires additional processing to remove impurities and bring it up to battery grade carbonate. Processing is expensive and environmentally challenging.
It is Chinese government policy to utilise domestic lepidolite ahead of imported hydroxide or carbonate in order to put pressure on the price of imported concentrate. Nonetheless, CATL still imports concentrate from a range of international mines to address the domestic shortfall.
In addition, Zijin Mining recently purchased a 70% stake in the high-grade Lakkor Tso Lithium Project in Tibet. Presumably CATL will use at least some of this concentrate as feedstock for its battery manufacturing facilities in Sichuan and beyond.
It makes sense that CATL is interested in Manono for economic and supply security reasons. However Chinese energy policy counters this, which potentially puts CATL and Chinese policy makers in a conflicting position.
I do not have the answer to this apparent contradictory position, and I do not know if CATH (or CATL) will make a pitch for Roche Dure. However, even without taking US-China geo-politics into account, the expected up-swing in demand for lithium over the next five years may ultimately force their hand.
Three potential bidders is always better than two any day.
Just thinking out aloud (again).
Cheers
F
Last edited:
7-8 tonnes of SC6 per tonne of LCE
6.47 million tonnes x 8 = 51.47 million tonnes @ 1.5%
Doesn't seem like a massive deposit, but they are quoting ultra large scale?
Seems like number fudging to me or i am wrong
Winenut
Go AVZ!
What....Zijin fudge?????
Naahhh......
I'm searching the explanatory notes to the annual report for the amount in bribes paid to DRC kleptocrats. No luck to date, but I'll keep looking.
Last edited:
Frank
Top 20
Ditto - TGO
My repetitive posting seems boring but necessary also tbo
Last edited:
Frank
Top 20
Rio Tinto Enters Negotiations with Congo for Strategic Lithium Deposit
*Edit - To add,
*Edit - To add,
Last edited:
Dave Evans
Regular
As noted in Jens X post, Jakob Stausholm is the CEO at Rio Tinto headquarters in London who are interested in developing Roche Dure.
This is the latest post from Benchmark Minerals this week. It seems the more articles you read, the more desperate the US and Europe are to acquire sources of battery metals
The EU is set to miss its 2030 battery mineral targets, except for lithium and nickel mining, under the Critical Raw Materials Act (CRMA). To boost domestic supply, Brussels approved 47 strategic projects, with 31 focused on battery minerals across extraction, processing, and recycling. These projects will benefit from streamlined permitting and €22.5 billion in funding. While aiding lithium and nickel goals, gaps remain for other minerals.
Benchmark analysis shows the US will fall short of its critical mineral needs by 2030, particularly in cobalt, nickel, and graphite, despite announced projects. Trump's recent Executive Order aims to accelerate permitting and investments, but the supply pipeline remains insufficient.
While Biden’s Inflation Reduction Act and Infrastructure Law supported the battery supply chain, Trump’s policies focus more on upstream production. The Executive Order invokes the Defense Production Act to fund domestic projects. However, permitting reforms alone won’t resolve supply shortages, as US mineral deficits persist even if all planned projects materialize. Additional investment and diversification remain essential for supply security.
The global commodities sector is shifting due to energy transition demand, geopolitical tensions, and a shifting manufacturing landscape, Benchmark’s Chairman, Simon Moores told members of the UK House of Lords this week. Moores emphasised that critical minerals like lithium and copper are central to global diplomacy, urging the UK to meet rising battery demand through collaboration and common unity.
Also on Benchmark Source:
This is the latest post from Benchmark Minerals this week. It seems the more articles you read, the more desperate the US and Europe are to acquire sources of battery metals
While Biden’s Inflation Reduction Act and Infrastructure Law supported the battery supply chain, Trump’s policies focus more on upstream production. The Executive Order invokes the Defense Production Act to fund domestic projects. However, permitting reforms alone won’t resolve supply shortages, as US mineral deficits persist even if all planned projects materialize. Additional investment and diversification remain essential for supply security.
Also on Benchmark Source:
Last edited:
Similar threads
