AVZ Discussion 2022

[ptlas]

Not sure if this is already posted.
If so, apologies:

https://hotcrapper.com.au/news/asx-...e-as-pentagon-buys-big-stake-in-us-ree-miner/

Rare earths stocks surge as Pentagon buys big stake in US REE miner​

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ASX News Metals & Mining Steel Industrial Metals & Minerals Basic Materials
2 hours ago
https://media.hotcrapper.com.au/authors/V1-Jonathon.jpg
Jonathon Davidson
The Market Online, Australia

https://media.hotcrapper.com.au/embed/ba8vuv4war842bk6gfgphk6wby/1/largeAdobe Stock
Iluka Resources (ASX:ILU) was the beneficiary of momentum driven by a decision from the US Pentagon overnight to buy a 15% stake in a listed REE smallcap in Las Vegas.
Listen to the hotcrapper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
The company that the U.S. Government (or Trump, for all intents and purposes) bought a stake in doesn’t matter. It’s ultimately a show of support from the White House (or Pentagon, depending on who you listen to) to actively participate in the mission to secure domestic supply chain security.
And that, in turn, has Australians bullish we could soon see a similar type of move from Canberra. Or at least, some are thinking that.
https://media.hotcrapper.com.au/embed/bghipon9j9uw2cnjvjrduzmexu/1/largeIluka’s 1Y returns as a line chart. Source: Market Index
At the same time, the rare earth metal molybdenum shot up overnight, in part driven by the news. London Metal Exchange (LME) futures for the tech metal jumped +16.7% in one session (though, after a dip in late June, that brings monthly growth in the price to a more modest +6.4%).
We aren’t seeing the same thing for neodymium, though, which is often the best-known rare earth element (REE), and particularly highlighted for its role in wind turbines and other renewable technologies.
That’s because the U.S. is a major producer of molybdenum, one of the few rare earth elements with which it can boast that claim.
China remains dominant, but the U.S. holds a significant global share.
Typically, the metal is a byproduct of porphyry copper mining, but the company the U.S. has invested $600 million in – MP Materials – is a straight rare earth miner.

 

[ptlas]

 

[Pokok]

Its a quiet Friday
I'm having a hard time getting the yoga instructor I hired out of my home .
every time I ask him to leave he says
Namaste.

The man who invented throat lozenges died last week
There was no coffin at the funeral

 

[Remark]

A woman gets on a bus with her baby. The bus driver says, That’s the ugliest baby that I’ve ever seen. Ugh!

The woman goes to the rear of the bus and sits down, fuming.

She says to a man next to her, the driver just insulted me! The man says, you go right up there and tell him off—go ahead, I’ll hold your monkey for you.

 

[LEFOOL]

My neighbor knocked on my door at 2am this morning and said: 'i cant sleep!'
'Well its your lucky day' I said.'We're having a party here come in!'

 

[Small Trader]

A doctor, a lawyer and an engineer are arguing about which profession is the oldest.

The doctor says:
‘Even in the Old Testament, God created Eve from Adam's rib – clearly a surgical masterpiece!’

The lawyer counters:
‘Wait a minute! Before that, there was chaos – and God created order. That was a clear case of legal structuring!’

The engineer leans back, grins and says:
‘And who do you think created the chaos?’

 

[Samus]

 

[Rechnerhand]

Peace talks between DRC and M23 rebels 'moving in the right direction'

 

[Remark]

So I was in a shoe shop this morning trying on a shoe, I said to the assistant, "It's too tight".

She said, "Try it with the tongue out".

I said, "It'th nho ghood, it'th thtill thoo thight".

Bad dad joke, sorry