Winenut
Go AVZ!
Someone / something is gently soaking up everything on offer with out spooking the price
Someone / something is gently soaking up everything on offer with out spooking the price
Yes IXR is the go. Clay deposit not very deep and massive. Close to transport.
Fucks sakeDow futures drop more than 400 points following reports of smoke at Ukraine nuclear power plant
Nuclear power plant in Ukraine on fire after Russian attack
By Lisa Visentin
The Zaporizhzhia nuclear power plant in Ukraine, the largest of its kind in Europe, is on fire after an attack by Russian troops, as Ukrainian authorities said.
Ukraine’s Foreign Minister Dmytro Kuleba said the Russian army was firing on the plant “from all sides” and pleaded for the assault to stop warning the consequences of it exploding would be devastating.
“Russian army is firing from all sides upon Zaporizhzhia NPP, the largest nuclear power plant in Europe. Fire has already broken out. If it blows up, it will be 10 times larger than Chornobyl! Russians must IMMEDIATELY cease the fire, allow firefighters, establish a security zone!,” Mr Kuleba posted on Twitter on Friday morning AEDT.
Fucks sake
Putin and his cronies know if he loses power they are are all stuffed. Sadly he'll push this to the bitter end.Yep, just when you think the Russians can't get any more stupid they prove you wrong.
Yep, just when you think the Russians can't get any more stupid they prove you wrong.
Yep, just when you think the Russians can't get any more stupid they prove you wrong.
nice one Frank*Fyi, I see where the,
World’s top battery maker urges China to secure lithium
The chairman of the world’s largest electric-car battery maker has urged the Chinese government to strengthen the lithium supply chain, given the risk of shortages of the key ingredient as demand accelerates with rising adoption of electric vehicles.
Contemporary Amperex Technology Ltd. Chairman Zeng Yuqun submitted four proposals to China’s annual parliamentary session, including speeding up exploration and development of lithium resources, encouraging independent scientific and technological research, and improving the level of resource recycling, according to a company statement.
Zeng is a representative of the Chinese People’s Political Consultative Conference, an advisory body of party delegates and people from the arts, business and legal worlds.
The price of lithium, a key material in batteries for EVs and consumer electronic devices, has surged this year after quadrupling in 2021.
Lithium carbonate in China has set record highs, adding to a gain of more than 400% in 2021.
While it dominates the next-stage processes that refine lithium and other raw materials into chemicals used in EV batteries, China relies heavily on imports from countries including Australia, Chile and Democratic Republic of Congo as it lacks lithium mines.
There has been an acceleration of exploration work to uncover more sources of the metal at home.
To address supply-chain constraints, CATL is seeking to be more active upstream.
It was the losing bidder for Canada’s Millennial Lithium Corp., and has signed agreements with several Chinese provincial governments such as Sichuan and Jiangxi to secure lithium supplies.
To further guarantee the development of batteries and energy storage — two major business segments for CATL — Zeng put forward proposals on pricing strategies for energy storage and lithium-ion battery transportation logistics management.
www.mining.com/web/worlds-top-battery-maker-urges-china-to-secure-lithium/
Tesla Finally Gets German Plant Approval.
Handelsblatt, a German newspaper, reported Thursday that Tesla received its final permits for its new facility near Berlin. That means the auto maker can start assembling cars in Europe.
It has taken a while for the plant to gain final approval. Turns out, it was easier for Tesla to build a plant in China.
Wall Street expects Tesla to delivery roughly 1.5 million vehicles in 2022, up 50% to 60% from the 936,000 delivered in 2021.
New production in Germany and Austin, Texas, are needed to hit those numbers.
Analysts project the German plant will produce roughly 110,000 vehicles this year.
A similar amount is projected for the Austin facility.
The rest of projected growth is expected to come from further expansion of Tesla’s Chinese assembly plant.
Production in Shanghai began in 2020. Output in 2022 is expected to surpass 800,000 units.
The Chinese plant was producing at its initial designed capacity about a year after production began.
Next up for Tesla investors will be an update about the plant in Austin, which has been under construction for about 20 months.
Tesla has been making some cars at both Austin and Germany, but neither plant has started into a higher-volume production phase yet.
View attachment 2196
The awful think here Frank is it will be the Russian people who suffer for Putin's folly*In other News,
*Suck on this you Dummy Spitting "Putrid Little Hitler", as
‘Rest in peace, dear comrade’ — on Russian TV, analyst toasts to the end of the country’s stock market
Russian stock exchange analyst Alexander Butmanov is toasting to what he is viewing as the death of the Russian stock market.
Butmanov, founder of financial technology company DTI Algorithmic, appeared on a markets-centered television show only to pull out a soda and toast to the end of the market as he knows it, according to local media.
“Rest in peace, dear comrade,” he said, according to a translation.
The New Yorker’s Joshua Yaffa posted the video of the TV moment in a tweet.
The viral moment comes as Russian markets have now been closed for four straight days after the country’s invasion of Ukraine.
This represents its longest stock market pause since 1998, according to Bloomberg.
On Wednesday, Equity index provider MSCI Inc. called Russia’s equity markets “uninvestable” as the U.S. and other western countries impose harsh sanctions against the country.
“The reclassification decision will be implemented in one step across all MSCI Indexes, including standard, custom and derived indexes, at a price that is effectively zero and as of the close of March 9,” MSCI said in the statement.
The ruble’s value has also plummeted in recent weeks.
www.marketwatch.com
China lithium deposit discovered near Mount Everest may be boon in push to secure critical resource
China lithium deposit discovered near Mount Everest may be boon in push to secure critical resource
- Lithium is essential in electric vehicle batteries, and its value could increase 4,000 per cent by 2040 if global climate goals are met
- Newly found lithium deposit could be China’s third-largest, and it appears to be of ‘industrial value’
"... The ore deposit may contain as much as 1.0125 million tonnes of lithium oxide, according to the group of scientists from the Institute of Geology and Geophysics at the Chinese Academy of Sciences (CAS). ..."
China lithium deposit discovered near Mount Everest may be boon in push to secure critical resource
China lithium deposit discovered near Mount Everest may be boon in push to secure critical resource
- Lithium is essential in electric vehicle batteries, and its value could increase 4,000 per cent by 2040 if global climate goals are met
- Newly found lithium deposit could be China’s third-largest, and it appears to be of ‘industrial value’
"... The ore deposit may contain as much as 1.0125 million tonnes of lithium oxide, according to the group of scientists from the Institute of Geology and Geophysics at the Chinese Academy of Sciences (CAS). ..."
Lithium oxide resources exceed one million tons, and it is expected to become the third largest lithium mine in my country |
Chinese scientists discover super-large lithium deposits in the Himalayas |
|