AVZ Discussion 2022

Winenut

Go AVZ!
Someone / something is gently soaking up everything on offer with out spooking the price
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Winenut

Go AVZ!
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Fletch77

Regular
I started a new thread for the stock tips guys, we should keep them over there, where we can discuss in a bit more detail.
 
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Winenut

Go AVZ!
Got a question on the ASX rebalance

Anyone know when the announcement is actually made?

Or will we have to wait until close of market and then maybe Monday to find out?
 

Fletch77

Regular
I have read it might be announced after trading tonight.
 
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Frank

Top 20

*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.
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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.


CATLTesla.jpeg



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Remark

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Dow 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.
 
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Samus

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Dow 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 🤬
 
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Remark

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Mickyb64

Regular
Yep, just when you think the Russians can't get any more stupid they prove you wrong.
Putin and his cronies know if he loses power they are are all stuffed. Sadly he'll push this to the bitter end.
 
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Frank

Top 20
Yep, just when you think the Russians can't get any more stupid they prove you wrong.

The conflict in Ukraine reminded me of this song.. :cry:

In these current times this song should go viral again… (y)

 
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Frank

Top 20
Yep, just when you think the Russians can't get any more stupid they prove you wrong.

*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
 
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JAG

Top 20

*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.
blank.gif

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.


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nice one Frank
 
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Freehold

Regular
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). ..."​

 
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Winenut

Go AVZ!
*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
The awful think here Frank is it will be the Russian people who suffer for Putin's folly

Surely the average Joe in Russia doesn't want this?

The suffering will be immense.....maybe enough to prompt another "revolution" ? :unsure:
 
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Remark

Top 20
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). ..."​


There's going to be some really tired Sherpas if they decide to mine this one😆
 
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Freehold

Regular
I should note that AVZ Roche Dure has 400mt @ 1.6% Li20 ...so guessing the Everest discovery with 1mt contained Li20 is approx 17-20% the size of Roche Dure ?
 
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Mickyb64

Regular
Began the day hoping to see $1.00, now I'm just hoping we can close in the 90s.
 
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cruiser51

Top 20
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​

2022215517235031.jpg

Qiongjiagang Lithium Mine landform. Photo courtesy of the interviewee

2022215517235030.jpg


Pegmatite lithium ore body with scientific researchers as the "reference". Photo courtesy of the interviewee

■Our reporter Ni Sijie

Lithium ore, known as "white oil", is an extremely rare white light metal resource. At present, 75% of my country's lithium resources are imported. With the development of the global new energy industry, the demand for lithium resources has increased dramatically.

A few days ago, the reporter learned from the Institute of Geology and Geophysics of the Chinese Academy of Sciences (hereinafter referred to as the Institute of Geology and Geophysics of the Chinese Academy of Sciences) that the research team of the institute's scientific expedition to the Qinghai-Tibet Plateau discovered a super-large lithium mine in the Qiongjiagang area of the Himalayas. The lithium mine is considered to be "expected to become the third largest lithium mine in my country after Bailong Mountain in southern Xinjiang and Meika in western Sichuan", and is "the first pegmatite lithium mine with industrial value in the Himalayas". The related results were published in the Journal of Petrology.

Regarding some issues of the super-large lithium mine in Qiongjiagang, "Science China Daily" exclusively interviewed researcher Qin Kezhang, the leader of the scientific research team and the director of the Key Laboratory of Mineral Resources Research of the Chinese Academy of Sciences.

How did scientists find super-large lithium deposits?

"We discovered this mine under the guidance of scientific theories that break through traditional cognition." Qin Kezhang said.

He said that the reason why the lithium deposit was not discovered before was mainly because the traditional view was that the formation of large areas of leuco granite in the Himalayas was due to the remelting and in-situ emplacement of sedimentary rocks, and was usually not used as a prospecting target.

"The large-scale Cenozoic leuco granite exposed in the Himalayan orogenic belt extending over 2,500 kilometers from east to west on the southern margin of the Qinghai-Tibet Plateau has long been recognized by the first Qinghai-Tibet scientific expedition, but has never been used as a rare metal prospecting target for more than 40 years. ." Qin Kezhang told the "Science China Journal".

After more than ten years of investigation and research, the research team of Academician Wu Fuyuan of the Institute of Geology and Earth Sciences of the Chinese Academy of Sciences established the theory of highly differentiated leuco granite in 2015, and systematically proposed that the Himalayan leuco granite is a highly crystalline and differentiated granite, which is a deep intrusion in different places. This means that the leuco granites in this area have good rare metal mineralization potential. The theory breaks with conventional wisdom.

"Based on the new theory of Academician Wu Fuyuan, we began to search for rare metal deposits in the Himalayan leucogranite belt." Qin Kezhang said.

Subsequently, a number of units inspected the regional rock mass and found that more than 20 rock masses contain rare metal mineralization. The metal combination is mainly beryllium-niobium-tantalum (tin-tungsten) combination, of which Cuona Cave tin-tungsten-beryllium The deposit has been assessed to be of large scale. Although spodumene minerals have been found in one of the few 4 pegmatites, no industrially valuable lithium ore bodies have been found.

In 2020, on the basis of comparing and summarizing the symbiotic separation laws of lithium and beryllium deposits in the Altai and East Qinling rare metal metallogenic belts in my country, Qin Kezhang put forward a "Strongly Differentiation Granite According to the scientific prediction of “finding lithium at a more remote and higher place”, the prospective area was selected for key inspection, and a lithium mine was found in the summer of 2021.

Where are the ultra-large lithium mines?

"We discovered this lithium mine at a location 3,000 meters south and west of Qiongjiagang Peak in the Himalayas." Qin Kezhang said that out of the idea of giving good wishes, the researchers named the lithium mine "Qiongjiagang" according to the homophony of "Qianjiagang". Gang Lithium Mine".

Qin Kezhang introduced that they found more than 40 spodumene pegmatite belts with widths ranging from 10 meters to nearly 100 meters, which formed 4 dike groups and 4 ore belts.

"The surface outcrops of the Qiongjiagang Lithium Mine are in good condition, so we can clearly see the length, width and surface outcrop drop. The length of the four ore belts is more than 1,000 meters, and two of the ore belts are about 100 meters wide. Distributed in high-altitude areas ranging from 5390 meters to 5581 meters." Qin Kezhang said.

How "big" are the ultra-large lithium mines?

Generally speaking, "large" lithium mines contain more than 100,000 tons of lithium oxide resources, so how "big" is the Qiongjiagang lithium mine called "super-large"?

Qin Kezhang told the "China Science News" that the lithium oxide resources in the ore body can reach 1.0125 million tons. "This value is calculated based on the conservatively estimated ore body volume and lithium oxide resource content."

"The reason why we say 'conservative' is that when we estimate the volume of lithium ore, we only take 2/3 of the actual length for the length, 1/2 of the actual width for the width, and only 1/2 of the inferred depth for the thickness. , that is to say, only 1/6 of the total volume was taken." Qin Kezhang said.

In terms of lithium oxide content, Qin Kezhang introduced that the scientific research team selected a total of 59 representative samples, and selected areas with large volume, representative structure and relatively uniform mineral distribution for cutting and crushing. Below 1kg, they then mixed each powder sample well and finally took the sample size required for the test.

The analysis results showed that the average lithium oxide content was 1.30%. "The trace elements of the whole rock were tested in Aoshi Mineral Laboratory and Wuhan Shangpu Analysis Technology Co., Ltd. respectively, and retested in the laboratory of the Institute of Geology and Earth Sciences, Chinese Academy of Sciences. The relative error of trace element measurement is less than 10%." Qin Kezhang added Say.

Is there a dispute?

A series of articles on the discovery of the Qiongjiagang lithium deposit will be published in the Chinese academic journal "Acta Petrology" in November 2021.

"Before the paper was published, some colleagues had doubts after hearing about the scale of the Qiongjiagang lithium mine, because such a large-scale pegmatite rare metal deposit is rare in China and abroad." Qin Kezhang said.

Qin Kezhang said that after the publication of the paper, the above doubts were largely eliminated, but the disputes since then began to focus on "why only 1/6 of the ore body volume was estimated".

"Many people asked me after reading the article, 'Why is the discount so big', 'Why not take 1/3, 1/2', I said, 'It's okay to take 1/3, but taking 1/2 is a bit too optimistic '." Qin Kezhang said.

He said that the reason why only 1/6 of the ore body volume was selected was because they believed that they should be more cautious in the early stage. "The situation in the ore body can't be seen now. It doesn't matter if it is a little less at the beginning. If it is found that the grade is better and the scale is larger, of course it will be better."

In addition, the reporter learned that "Journal of Petrology" is in charge of the Chinese Academy of Sciences, sponsored by the Chinese Society of Mineralogy, Petrology and Geochemistry and the Institute of Geology and Earth Sciences, Chinese Academy of Sciences, and is included in the "Science Citation Index" (SCI), with a composite impact factor of 3.316 in 2021.

For the paper published this time, the anonymous reviewer of the journal believes that "this is a huge breakthrough in the prospecting and exploration of rare metals in the Himalayas", "not only has important scientific value for understanding the mineralization of rare metals in leuco granite, but also for prospecting and exploration. It has outstanding practical significance.”

What is the industrial value?

The newly discovered lithium ore was evaluated by the scientific research team as "the first pegmatite lithium ore with industrial value in the Himalayas". So what exactly is its industrial value?

Qin Kezhang said that it is generally believed that when the content of lithium oxide resources exceeds 0.8%, lithium ore has industrial value for mining. Among the 59 samples they collected, 44 samples have lithium oxide resource content of industrial grade (above 0.8%). , the highest lithium oxide resource content of one sample reached 3.3%.

In addition, he told reporters that in addition to lithium oxide, there are about 39,800 tons of beryllium resources in the ore body, reaching a large scale; about 2,358 tons of tantalum oxide resources, also reaching a large scale; about 7,074 tons of niobium oxide resources, a small scale . Moreover, more than 90% of the minerals in the Qiongjiagang ore body are composed of quartz, potassium feldspar and albite, as well as some mica. These minerals are used to make glass, ceramics and insulating materials in the Keketuohai Mine in Xinjiang. The main rock-forming mines are expected to be effectively utilized, producing corresponding economic benefits and greatly reducing waste emissions.

Are there mining conditions?

In the paper, the scientific research team proposed that "the Himalayas are expected to become China's most important reserve base for rare metal mineral resources". So, does the Qiongjiagang lithium mine meet the mining conditions?

"The Qiongjiagang Lithium Mine has good mining conditions." Qin Kezhang responded, "The spodumene particles are relatively coarse, about 10 cm to 20 cm, and are suitable for ore dressing; the mining area is located with convenient transportation, and the village cement road has passed; The positive terrain is conducive to mining; the ore body is exposed, and there is no need for deep excavation; it is far away from the core nature reserve of Mount Everest.”

However, he said that at present, the lithium mine is still in the preliminary "pre-investigation" stage, and it is only basic to determine the distribution range of the ore body and the types and contents of useful elements. From discovery to mining, a mine generally goes through four stages: preliminary survey, census, detailed survey, and exploration. The preliminary survey is to determine the location and general situation of the mine, and the general survey is to eliminate the uncertainty in the preliminary survey stage by engineering means. , the detailed investigation is to prove the availability of the deposit, and the exploration is to determine the specific mining plan.

For the next step, Qin Kezhang said that the researchers will also enrich and improve the rare metal mineralization theoretical system and prospecting signs of high-fractionated granites, and conduct further scientific investigation and research on the area where the lithium ore is located and look for new lithium-bearing pegmatites In order to determine whether the Qiongjiagang Lithium Mine and its surrounding area can form a larger and complete lithium ore belt, so as to make greater contributions to the construction of my country's Himalayas into a new strategic replacement base for lithium beryllium rare metal resources.
 
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